Skip to content

Faraz Majid

Independent Electricity System Operator/Planner / Planificateur

At a Glance
2025

Latest Salary

$131,308

2025

Total Compensation

$131,578

Incl. $270 benefits

Employer Rank

#749

Independent Electricity System Operator

Years on List

3

2023–2025

Salary History

Salary by year, 2023–2025Line chart of 3 yearly values, from $111,667 in 2023 to $131,578 in 2025.$0$50K$100K$150K202320242025

Full History
20232025

YearEmployerPositionSalaryBenefitsTotal
2025Independent Electricity System OperatorPlanner / Planificateur$131,308$270$131,578
2024Independent Electricity System OperatorPlanner / Planificateur$120,319$251$120,570
2023Independent Electricity System Operator / Opérateur indépendant de réseau d'électricité$111,058$609$111,667

Take-Home Pay
(After Tax) · 2025 estimate

In 2025, Faraz Majid's $131,308 salary works out to roughly $93,291 after income tax, CPP and EI — an effective rate of about 24.8%. Within Independent Electricity System Operator it was the #749 salary of 1,002, against a median of $155,810. Faraz Majid has appeared on the list 3 times since 2023. 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
~$93,291
Effective income-tax rate (excl. CPP/EI)
~24.8%
CPP + EI contributions
~$5,507

Where does $131,308 rank on the Sunshine List? →

Estimate only: 2025 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

#1Lesley Gallinger
$708,974
President and Chief Executive Officer / Président et chef de la direction
#2Charles Farmer
$428,403
Executive Vice President, Power System Development / Vice-président(e) directeur(rice) – Développement des systèmes électriques
#3Kamaljit Sohi
$426,753
Executive Vice President and Chief Operating Officer, Markets and Reliability / Chef(fe) de l’exploitation et Vice-président(e) directeur(rice) – Marchés et fiabilité
#4Carla Nell
$412,660
Executive Vice President, Corporate Relations, Engagement and Strategy / Vice-président(e) directeur(rice) – Relations de l’entreprise, engagement et stratégie
#5Alex Foord
$403,103
Executive Vice-President, Information and Technology Services and Chief Information Officer / Vice-président(e) directeur(rice) – Services d’information et de technologie et Dirigeant(e) principal(e) de l’information
#6Michael Lyle
$388,437
Executive Vice President, Legal Resources and Corporate Governance / Vice-président(e) directeur(rice) – Ressources juridiques et gouvernance d’entreprise
#7Ernest Chui
$326,815
Vice President and Chief Financial Officer, Corporate Services / Vice-président(e) et Directeur(rice) financier(ère) – Services d’entreprise
#8Michael Boll
$315,154
Senior Director, Legal Resources and Corporate Secretary / Directeur(rice) principal(e) – Ressources juridiques et Secrétaire général(e)
#9Glenn Mcdonald
$311,199
Vice President Market Assessment and Compliance / Vice-président – Évaluation des marchés et conformité
#10David Short
$304,430
Senior Director Enabling Resources Program Delivery / Directeur principal – Exécution des programmes de ressources d'habilitation
View all employees at Independent Electricity System Operator