Joel Baum

University of Toronto/Professor of Strategic Management

2025 Salary

$528,725

Total compensation $528,977, including $251 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

#22

University of Toronto

Years on List

1998–2025

Peak Salary

$556,899

2019

Full 2025 roster at University of Toronto →·See where $528,725 ranks →

Total Compensation History

Total compensation, 1998–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
1998–2025

$122,375 in 1998 is worth about $220,087 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2025	University Of Toronto	Professor of Strategic ManagementUniversity Of Toronto	$528,725Benefits $251Total $528,977	$251	$528,977
2024	University Of Toronto	Professor of Strategic ManagementUniversity Of Toronto	$485,062Benefits $258Total $485,320	$258	$485,320
2023	University Of Toronto	Professor of Strategic ManagementUniversity Of Toronto	$497,348Benefits $258Total $497,606	$258	$497,606
2022	University Of Toronto	Professor of Strategic ManagementUniversity Of Toronto	$457,966Benefits $272Total $458,238	$272	$458,238
2021	University Of Toronto	Professor of Strategic ManagementUniversity Of Toronto	$438,916Benefits $286Total $439,202	$286	$439,202
2020	University Of Toronto	Professor of Strategic ManagementUniversity Of Toronto	$483,296Benefits $3,302Total $486,599	$3,302	$486,599
2019	University Of Toronto	Professor of Strategic ManagementUniversity Of Toronto	$556,899Benefits $2,361Total $559,260	$2,361	$559,260
2018	University of Toronto	Professor of Strategic ManagementUniversity of Toronto	$421,836Benefits $2,403Total $424,239	$2,403	$424,239
2017	University of Toronto	Professor of Strategic ManagementUniversity of Toronto	$416,878Benefits $2,448Total $419,326	$2,448	$419,326
2016	University of Toronto	Professor of Strategic ManagementUniversity of Toronto	$429,244Benefits $2,520Total $431,765	$2,520	$431,765
2015	University of Toronto	Associate Dean Faculty, Professor Of Strategic ManagementUniversity of Toronto	$427,880Benefits $2,566Total $430,446	$2,566	$430,446
2014	University of Toronto	Associate Dean Faculty, Professor of Strategic ManagementUniversity of Toronto	$437,262Benefits $2,612Total $439,873	$2,612	$439,873
2013	University of Toronto	Associate Dean Faculty, Professor of Strategic ManagementUniversity of Toronto	$419,858Benefits $2,612Total $422,469	$2,612	$422,469
2012	University of Toronto	Associate Dean Faculty, Professor of Strategic ManagementUniversity of Toronto	$402,699Benefits $2,612Total $405,311	$2,612	$405,311
2011	University of Toronto	Associate Dean Faculty, Professor of Strategic ManagementUniversity of Toronto	$389,956Benefits $2,612Total $392,568	$2,612	$392,568
2010	University of Toronto	Associate Dean Faculty, Professor of Strategic ManagementUniversity of Toronto	$376,266Benefits $895Total $377,161	$895	$377,161
2009	University of Toronto	Associate Dean FacultyUniversity of Toronto	$369,765Benefits $567Total $370,332	$567	$370,332
2008	University of Toronto	Associate Dean FacultyUniversity of Toronto	$322,559Benefits $567Total $323,126	$567	$323,126
2007	University of Toronto	Professor, Strategic ManagementUniversity of Toronto	$296,182Benefits $567Total $296,749	$567	$296,749
2006	University of Toronto	Professor of Strategic ManagementUniversity of Toronto	$316,565Benefits $598Total $317,163	$598	$317,163
2005	University of Toronto	Professor, Strategic ManagementUniversity of Toronto	$298,440Benefits $665Total $299,105	$665	$299,105
2004	University of Toronto	Professor, Strategic ManagementUniversity of Toronto	$298,914Benefits $655Total $299,569	$655	$299,569
2003	University of Toronto	Professor, Strategic ManagementUniversity of Toronto	$283,962Benefits $610Total $284,573	$610	$284,573
2002	University of Toronto	Prof. & CN Chair of Strategic ManagementUniversity of Toronto	$205,933Benefits $610Total $206,543	$610	$206,543
2001	University of Toronto	Prof & CN Chair of Strategic ManagementUniversity of Toronto	$179,589Benefits $610Total $180,199	$610	$180,199
2000	University of Toronto	Professor & CN Chr Strategic ManagementUniversity of Toronto	$155,456Benefits $610Total $156,066	$610	$156,066
1999	University of Toronto	Prof & CN Chair, Strategic ManagementUniversity of Toronto	$131,100Benefits $607Total $131,707	$607	$131,707
1998	University of Toronto	Professor of ManagementUniversity of Toronto	$122,375Benefits $594Total $122,969	$594	$122,969

Take-Home Pay
(After Tax) · 2025 estimate

In 2025, Joel Baum's $528,725 salary works out to roughly $285,657 after income tax, CPP and EI — an all-in deduction rate of about 46.0%. That is about 20% above the 2025 median of $442,065 for Professor of Strategic Management on the Sunshine List. It is up about 9% on the $485,062 paid in 2024. 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: ~$285,657
Effective income-tax rate (excl. CPP/EI): ~44.9%
CPP + EI contributions: ~$5,507
All-in deduction rate (incl. CPP/EI): ~46.0%
vs. 2025 Professor of Strategic Management median: +20%

Where does $528,725 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

Also at University of Toronto, 2025
#	Name	Position	Salary	Total
1	Alan Aspuru-Guzik	Professor of Chemistry and Computer Science	$649,993	$684,041
2	Brian Golden	Professor of Strategic Management	$616,607	$616,858
3	Mikhail Simutin	Associate Professor of Finance	$593,667	$603,115
4	David Goldreich	Professor of Finance	$601,972	$602,270
5	Theodore Brown	Professor, Obstetrics and Gynaecology	$598,159	$598,224
6	William Strange	Professor of Economic Analysis and Policy	$596,033	$596,242
7	Meric Gertler	Professor of Geography and Planning	$555,450	$588,914
8	Wei-Yi (Scott) Liao	Professor of Accounting	$573,981	$576,190
9	Dilip Soman	Professor of Marketing	$575,404	$575,529
10	Partha Sarat Mohanram	Professor of Accounting	$573,196	$573,321