Heather Banks
University Health Network/Nurse, Registered
2025 Salary
$119,547Total compensation $119,770, including $223 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
#2,602University Health Network
Years on List
52021–2025
Peak Salary
$120,4952023
Full 2025 roster at University Health Network →·See where $119,547 ranks →
Total Compensation History
Full History
2021–2025
$102,741 in 2021 is worth about $119,139 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Nurse, RegisteredUniversity Health Network | $119,547Benefits $223Total $119,770 |
| 2024 | Nurse, RegisteredUniversity Health Network | $117,051Benefits $255Total $117,306 |
| 2023 | Nurse, RegisteredUniversity Health Network | $120,495Benefits $234Total $120,730 |
| 2022 | Nurse, RegisteredUniversity Health Network | $113,705Benefits $223Total $113,927 |
| 2021 | Nurse, RegisteredUniversity Health Network | $102,741Benefits $226Total $102,968 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Heather Banks's $119,547 salary works out to roughly $86,636 after income tax, CPP and EI — an all-in deduction rate of about 27.5%. For comparison, the median Registered Nurse on the 2025 list was paid $118,460; this salary is about 1% more. It is up about 2% on the $117,051 paid in 2024. Pension contributions — likely HOOPP in the Hospitals & Boards of Public Health sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$86,636
- Effective income-tax rate (excl. CPP/EI)
- ~22.9%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~27.5%
- vs. 2025 Registered Nurse median
- +1%
Where does $119,547 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.