Frances Karakolis
Toronto District School Board/Teacher Elementary
2022 Salary — last year on the list
$105,101Total compensation $105,101, 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
#2,230Toronto District School Board
Years on List
22021–2022
Peak Salary
$105,1012022
Full 2022 roster at Toronto District School Board →·See where $105,101 ranks →
Total Compensation History
Full History
2021–2022
$102,397 in 2021 is worth about $118,740 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2022 | Teacher ElementaryToronto District School Board | $105,101Benefits $0Total $105,101 |
| 2021 | Teacher ElementaryToronto District School Board | $102,397Benefits $0Total $102,397 |
Take-Home Pay
(After Tax) · 2022 estimate
Of the $105,101 Frances Karakolis earned in 2022, roughly $76,054 would remain after income tax, CPP and EI, an all-in deduction rate of about 27.6%. For comparison, the median Elementary Teacher on the 2022 list was paid $102,996; this salary is about 2% more. Compared with 2021, when the figure was $102,397, that is a rise of about 3%. After pension contributions (probably OTPP for teachers or OMERS in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$76,054
- Effective income-tax rate (excl. CPP/EI)
- ~23.4%
- CPP + EI contributions
- ~$4,453
- All-in deduction rate (incl. CPP/EI)
- ~27.6%
- vs. 2022 Elementary Teacher median
- +2%
Where does $105,101 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.