Glen Padassery
Financial Services Regulatory Authority of Ontario/Executive Vice President, Policy and Executive Vice President, Auto Insurance Products / Vice-président directeur, politiques, assurance-automobile et produits d’assurance
2025 Salary
$411,228Total compensation $412,523, including $1,295 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
#1Financial Services Regulatory Authority of Ontario
Years on List
72019–2025
Peak Salary
$411,2282025
Full 2025 roster at Financial Services Regulatory Authority of Ontario →·See where $411,228 ranks →
Total Compensation History
Full History
2019–2025
$219,528 in 2019 is worth about $265,047 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Executive Vice President, Policy and Executive Vice President, Auto Insurance Products / Vice-président directeur, politiques, assurance-automobile et produits d’assuranceFinancial Services Regulatory Authority of Ontario | $411,228Benefits $1,295Total $412,523 |
| 2024 | Executive Vice President, Policy and Executive Vice President, Auto Insurance Products / Vice-président directeur, politiques, assurance-automobile et produits d’assuranceFinancial Services Regulatory Authority of Ontario | $389,435Benefits $1,295Total $390,729 |
| 2023 | Executive Vice President, Policy / Vice-président directeur, politiquesFinancial Services Regulatory Authority of Ontario / Office Ontarien De Réglementation Des Services Financiers | $322,589Benefits $1,115Total $323,704 |
| 2022 | Executive Vice President, Policy / Vice-président directeur, politiquesFinancial Services Regulatory Authority of Ontario | $300,843Benefits $983Total $301,826 |
| 2021 | Executive Vice President, Policy and Chief Consumer Officer / Vice-président directeur, politiques et directeur général de la protection des consommateursFinancial Services Regulatory Authority of Ontario | $298,753Benefits $1,028Total $299,782 |
| 2020 | Executive Vice President, Policy and Chief Consumer Officer / Vice-président directeur, politiques et directeur général de la protection des consommateursFinancial Services Regulatory Authority of Ontario | $278,548Benefits $947Total $279,495 |
| 2019 | Executive Vice President, Policy and Chief Consumer Officer / Vice-président directeur, politiques et directeur général de la protection des consommateursFinancial Services Regulatory Authority | $219,528Benefits $827Total $220,354 |
Take-Home Pay
(After Tax) · 2025 estimate
Take-home on Glen Padassery's 2025 salary of $411,228 comes to roughly $231,055 once federal and Ontario income tax (about 42.5% effective) is deducted. On total compensation of $412,523, Glen Padassery ranked #1 of 444 disclosed at Financial Services Regulatory Authority of Ontario that year, where the median salary was $139,825. Glen Padassery has appeared on the list 7 times since 2019. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$231,055
- Effective income-tax rate (excl. CPP/EI)
- ~42.5%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~43.8%
Where does $411,228 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.