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Hiten Makim

Ontario Centre of Innovation/Vice President, Finance, Operations and OneEleven

2025 Salary

$291,375

Total compensation $292,917, including $1,542 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

#3

Ontario Centre of Innovation

Years on List

5

2021–2025

Peak Salary

$291,375

2025

Full 2025 roster at Ontario Centre of Innovation →·See where $291,375 ranks →

Total Compensation History

Total compensation by yearLine chart of 5 yearly values of total compensation, from $118,689 in 2021 to $292,917 in 2025.$100K$150K$200K$250K$300K20212022202320242025
Total compensation, 2021–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2021–2025

$118,112 in 2021 is worth about $136,964 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Vice President, Finance, Operations and OneElevenOntario Centre of Innovation$291,375Benefits $1,542Total $292,917
2024Vice President, Finance, Operations and OneElevenOntario Centre of Innovation$265,389Benefits $1,542Total $266,931
2023Vice President, Finance, Operations and OneElevenOntario Centre of Innovation$259,175Benefits $1,549Total $260,724
2022Vice President, Finance and OperationsOntario Centre of Innovation$238,511Benefits $1,478Total $239,989
2021Vice President, Finance and OperationsOntario Centre of Innovation$118,112Benefits $577Total $118,689

Take-Home Pay
(After Tax) · 2025 estimate

In 2025, Hiten Makim's $291,375 salary works out to roughly $175,360 after income tax, CPP and EI — an all-in deduction rate of about 39.8%. Within Ontario Centre of Innovation, Hiten Makim's total compensation of $292,917 was the #3 of 34, against a median salary of $131,847. Hiten Makim has appeared on the list 5 times since 2021. 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
~$175,360
Effective income-tax rate (excl. CPP/EI)
~37.9%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~39.8%

Where does $291,375 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 Centre of Innovation
2025

View all 34 employees at Ontario Centre of Innovation (2025) →