Derek Ma
Venturelab Innovation Centre/Business Development Manager
2024 Salary — last year on the list
$117,636Total compensation $118,188, including $552 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
#6Venturelab Innovation Centre
Years on List
12024–2024
Peak Salary
$117,6362024
Full 2024 roster at Venturelab Innovation Centre →·See where $117,636 ranks →
Full History
2024–2024
| Year | Position | Salary |
|---|---|---|
| 2024 | Business Development ManagerVenturelab Innovation Centre | $117,636Benefits $552Total $118,188 |
Take-Home Pay
(After Tax) · 2024 estimate
Take-home on Derek Ma's 2024 salary of $117,636 comes to roughly $85,007 once federal and Ontario income tax (about 23.4% effective) is deducted. At Venturelab Innovation Centre, 11 people made the 2024 list with a median salary of $117,636; Derek Ma's total compensation of $118,188 ranked #6. 2024 is the first year Derek Ma appears on the list. Members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less after pension contributions, which this estimate leaves out.
- Estimated net pay
- ~$85,007
- Effective income-tax rate (excl. CPP/EI)
- ~23.4%
- CPP + EI contributions
- ~$5,105
- All-in deduction rate (incl. CPP/EI)
- ~27.7%
- vs. 2024 Business Development Manager median
- +3%
Where does $117,636 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.