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David Hermans

Independent Electricity System Operator/Specialist Settlements / Spécialiste – Règlement des transactions

2022 Salary — last year on the list

$123,677

Total compensation $123,677, including $0 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
2022

Employer Rank

#570

Independent Electricity System Operator

Years on List

1

2022–2022

Peak Salary

$123,677

2022

Full 2022 roster at Independent Electricity System Operator·See where $123,677 ranks →

Full History
20222022

Full salary history, by year
YearPositionSalary
2022Specialist Settlements / Spécialiste – Règlement des transactionsIndependent Electricity System Operator$123,677

Take-Home Pay
(After Tax) · 2022 estimate

In 2022, David Hermans's $123,677 salary works out to roughly $86,566 after income tax, CPP and EI — an all-in deduction rate of about 30.0%. 2022 is the first year David Hermans appears on the list. Most Crown Agencies employees belong to PSPP or OPTrust, so actual take-home is likely another 7–10% lower after pension contributions.

Estimated net pay
~$86,566
Effective income-tax rate (excl. CPP/EI)
~26.4%
CPP + EI contributions
~$4,453
All-in deduction rate (incl. CPP/EI)
~30.0%

Where does $123,677 rank on the Sunshine List? →

Estimate only: 2022 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.

Also at Independent Electricity System Operator
2022

View all 741 employees at Independent Electricity System Operator (2022) →