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Gleb Makarov

Ontario Power Generation/Director Financial Valuations and Analysis

2025 Salary

$228,333

Total compensation $228,833, including $499 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
2025

Employer Rank

#1,028

Ontario Power Generation

Years on List

3

2023–2025

Peak Salary

$228,333

2025

Full 2025 roster at Ontario Power Generation →·See where $228,333 ranks →

Total Compensation History

Total compensation by yearLine chart of 3 yearly values of total compensation, from $138,433 in 2023 to $228,833 in 2025.$100K$150K$200K$250K202320242025
Total compensation, 2023–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2023–2025

$137,956 in 2023 is worth about $144,191 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Director Financial Valuations and AnalysisOntario Power Generation$228,333Benefits $499Total $228,833
2024Senior Manager Strategic InitiativesOntario Power Generation$184,408Benefits $511Total $184,919
2023Senior Manager Strategic InitiativesOntario Power Generation$137,956Benefits $477Total $138,433

Take-Home Pay
(After Tax) · 2025 estimate

Take-home on Gleb Makarov's 2025 salary of $228,333 comes to roughly $145,097 once federal and Ontario income tax (about 34.0% effective) is deducted. It is up about 24% on the $184,408 paid in 2024. On total compensation of $228,833, Gleb Makarov ranked #1,028 of 10,346 disclosed at Ontario Power Generation that year, where the median salary was $161,066. 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
~$145,097
Effective income-tax rate (excl. CPP/EI)
~34.0%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~36.5%

Where does $228,333 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 Ontario Power Generation
2025

View all 10,346 employees at Ontario Power Generation (2025) →