Incheol Baek
Natural Resources and Forestry/Business and Investment Analyst
2025 Salary
$115,294Total compensation $115,539, including $246 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
#682Natural Resources and Forestry
Years on List
42021–2025
Peak Salary
$117,2382024
Full 2025 roster at Natural Resources and Forestry →·See where $115,294 ranks →
Total Compensation History
Full History
2021–2025
$100,507 in 2021 is worth about $116,549 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Business and Investment AnalystNatural Resources | $115,294Benefits $246Total $115,539 |
| 2024 | Business and Investment AnalystNatural Resources and Forestry | $117,238Benefits $239Total $117,477 |
| 2023 | Business and Investment Analyst / Analyste des affaires et des investissementsNatural Resources and Forestry / Richesses Naturelles Et Forêts | $103,085Benefits $228Total $103,313 |
| 2021 | Business and Investment AnalystNatural Resources And Forestry | $100,507Benefits $222Total $100,730 |
Take-Home Pay
(After Tax) · 2025 estimate
Incheol Baek was paid $115,294 in 2025; after income tax, CPP and EI that is roughly $84,199, an effective income-tax rate of about 22.2%. It is down about 2% from the $117,238 paid in 2024. Records under this name have appeared on the Sunshine List 4 years in all, first in 2021. Pension contributions — likely PSPP or OPTrust in the Government of Ontario – Ministries sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$84,199
- Effective income-tax rate (excl. CPP/EI)
- ~22.2%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~27.0%
Where does $115,294 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.