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Elshan Alekberov

University of Waterloo/Business Manager

2024 Salary — last year on the list

$118,442

Total compensation $118,611, including $169 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

#1,729

University of Waterloo

Years on List

4

2020–2024

Peak Salary

$118,442

2024

Full 2024 roster at University of Waterloo →·See where $118,442 ranks →

Total Compensation History

Total compensation by yearLine chart of 4 yearly values of total compensation, from $104,766 in 2020 to $118,611 in 2024. No data for 2023.$100K$105K$110K$115K$120K2020202120222024
Total compensation, 2020–2024. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2020–2024

$104,676 in 2020 is worth about $125,458 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2024Business ManagerUniversity Of Waterloo$118,442Benefits $169Total $118,611
2022Business ManagerUniversity Of Waterloo$100,599Benefits $123Total $100,723
2021Business ManagerUniversity Of Waterloo$107,366Benefits $94Total $107,460
2020Business ManagerUniversity Of Waterloo$104,676Benefits $90Total $104,766

Take-Home Pay
(After Tax) · 2024 estimate

In 2024, Elshan Alekberov's $118,442 salary works out to roughly $85,464 after income tax, CPP and EI — an all-in deduction rate of about 27.8%. It is up about 18% on the $100,599 paid in 2022. Records under this name have appeared on the Sunshine List 4 years in all, first in 2020. 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
~$85,464
Effective income-tax rate (excl. CPP/EI)
~23.5%
CPP + EI contributions
~$5,105
All-in deduction rate (incl. CPP/EI)
~27.8%
vs. 2024 Business Manager median
about even

Where does $118,442 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.

Also at University of Waterloo
2024

View all 2,245 employees at University of Waterloo (2024) →