Carol Banks
Lambton College of Applied Arts and Technology/Professor
2024 Salary — last year on the list
$126,689Total compensation $126,782, including $93 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2024
Employer Rank
#75Lambton College of Applied Arts and Technology
Years on List
72018–2024
Peak Salary
$126,9692023
Full 2024 roster at Lambton College of Applied Arts and Technology →·See where $126,689 ranks →
Total Compensation History
Full History
2018–2024
$112,837 in 2018 is worth about $138,889 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2024 | ProfessorLambton College Of Applied Arts and Technology | $126,689Benefits $93Total $126,782 |
| 2023 | ProfessorLambton College Of Applied Arts and Technology | $126,969Benefits $95Total $127,064 |
| 2022 | Professor Practical NursingLambton College Of Applied Arts and Technology | $117,116Benefits $109Total $117,225 |
| 2021 | Professor - Practical NursingLambton College Of Applied Arts and Technology | $117,526Benefits $126Total $117,652 |
| 2020 | Professor, Nursing and Personal Support WorkerLambton College Of Applied Arts and Technology | $113,698Benefits $90Total $113,788 |
| 2019 | Professor, Nursing and Personal Support WorkerLambton College Of Applied Arts and Technology | $111,486Benefits $111Total $111,597 |
| 2018 | Professor, NursingLambton College | $112,837Benefits $111Total $112,948 |
Take-Home Pay
(After Tax) · 2024 estimate
Take-home on Carol Banks's 2024 salary of $126,689 comes to roughly $90,130 once federal and Ontario income tax (about 24.8% effective) is deducted. At Lambton College of Applied Arts and Technology, 171 people made the 2024 list with a median salary of $126,689; Carol Banks's total compensation of $126,782 ranked #75. That is about the same as the $126,969 paid in 2023. After pension contributions (probably the CAAT Pension Plan in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$90,130
- Effective income-tax rate (excl. CPP/EI)
- ~24.8%
- CPP + EI contributions
- ~$5,105
- All-in deduction rate (incl. CPP/EI)
- ~28.9%
- vs. 2024 Professor median
- −2%
Where does $126,689 rank on the Sunshine List? →
Estimate only: 2024 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.