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Jan Mahrt-Smith

University of Toronto/Associate Professor of Finance

2025 Salary

$452,482

Total compensation $452,607, including $126 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

#59

University of Toronto

Years on List

23

2002–2025

Peak Salary

$457,819

2023

Full 2025 roster at University of Toronto →·See where $452,482 ranks →

Total Compensation History

Total compensation by yearLine chart of 23 yearly values of total compensation, from $120,174 in 2002 to $452,607 in 2025. No data for 2012.$100K$200K$300K$400K$500K200220072011201520202025
Total compensation, 2002–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2002–2025

$120,000 in 2002 is worth about $197,040 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Associate Professor of FinanceUniversity Of Toronto$452,482Benefits $126Total $452,607
2024Associate Professor of FinanceUniversity Of Toronto$444,118Benefits $129Total $444,246
2023Associate Professor of FinanceUniversity Of Toronto$457,819Benefits $129Total $457,948
2022Associate Professor of FinanceUniversity Of Toronto$435,193Benefits $136Total $435,329
2021Associate Professor of FinanceUniversity Of Toronto$413,002Benefits $143Total $413,145
2020Professor of FinanceUniversity Of Toronto$354,857Benefits $151Total $355,008
2019Professor of FinanceUniversity Of Toronto$368,231Benefits $180Total $368,411
2018Professor of FinanceUniversity of Toronto$336,037Benefits $201Total $336,239
2017Academic Director, Full-Time Masters of Business Administration and Professor of FinanceUniversity of Toronto$358,995Benefits $224Total $359,219
2016Academic Director, Full-Time Masters of Business Administration and Professor of FinanceUniversity of Toronto$412,794Benefits $260Total $413,054
2015Academic Director, Full-Time Masters Of Business Administration And Professor Of FinanceUniversity of Toronto$353,864Benefits $283Total $354,148
2014Professor of FinanceUniversity of Toronto$334,529Benefits $306Total $334,835
2013Professor of FinanceUniversity of Toronto$318,959Benefits $306Total $319,265
2011Professor of FinanceUniversity of Toronto$279,585Benefits $306Total $279,891
2010Professor of FinanceUniversity of Toronto$296,873Benefits $295Total $297,167
2009Professor of FinanceUniversity of Toronto$301,037Benefits $283Total $301,320
2008Professor, FinanceUniversity of Toronto$293,450Benefits $283Total $293,733
2007Professor, FinanceUniversity of Toronto$230,327Benefits $283Total $230,610
2006Professor of FinanceUniversity of Toronto$240,717Benefits $299Total $241,016
2005Professor, FinanceUniversity of Toronto$230,289Benefits $332Total $230,621
2004Professor, FinanceUniversity of Toronto$222,636Benefits $349Total $222,985
2003Professor, FinanceUniversity of Toronto$202,400Benefits $348Total $202,747
2002Professor of FinanceUniversity of Toronto$120,000Benefits $174Total $120,174

Take-Home Pay
(After Tax) · 2025 estimate

Take-home on Jan Mahrt-Smith's 2025 salary of $452,482 comes to roughly $250,226 once federal and Ontario income tax (about 43.5% effective) is deducted. It is up about 2% on the $444,118 paid in 2024. At University of Toronto, 7,392 people made the 2025 list with a median salary of $147,726; Jan Mahrt-Smith's total compensation of $452,607 ranked #59. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay
~$250,226
Effective income-tax rate (excl. CPP/EI)
~43.5%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~44.7%

Where does $452,482 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 University of Toronto
2025

View all 7,392 employees at University of Toronto (2025) →