Hong Rae 'Ray' Cho
Workplace Safety and Insurance Board/Payment Specialist / Spécialiste – Paiements
2025 Salary
$122,588Total compensation $123,333, including $745 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
#816Workplace Safety and Insurance Board
Years on List
32021–2025
Peak Salary
$122,5882025
Full 2025 roster at Workplace Safety and Insurance Board →·See where $122,588 ranks →
Total Compensation History
Full History
2021–2025
$103,114 in 2021 is worth about $119,571 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Payment Specialist / Spécialiste – PaiementsWorkplace Safety And Insurance Board | $122,588Benefits $745Total $123,333 |
| 2022 | Payment Specialist/Spécialiste Des PaiementsWorkplace Safety And Insurance Board | $105,341Benefits $507Total $105,848 |
| 2021 | Payment Specialist/Spécialiste des paiementsWorkplace Safety And Insurance Board | $103,114Benefits $504Total $103,618 |
Take-Home Pay
(After Tax) · 2025 estimate
Of the $122,588 Hong Rae 'Ray' Cho earned in 2025, roughly $88,356 would remain after income tax, CPP and EI, an all-in deduction rate of about 27.9%. It is up about 16% on the $105,341 paid in 2022. Hong Rae 'Ray' Cho has appeared on the list 3 times since 2021. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$88,356
- Effective income-tax rate (excl. CPP/EI)
- ~23.4%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~27.9%
Where does $122,588 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.