John Banks

In 2024, John Banks's $105,606 salary works out to roughly $77,660 after income tax, CPP and EI — an all-in deduction rate of about 26.5%. Within Wilfrid Laurier University, John Banks's total compensation of $105,606 was the #743 of 793, against a median salary of $154,158. It is down about 47% from the $200,885 paid in 2023. 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

~$77,660

Effective income-tax rate (excl. CPP/EI)

~21.6%

CPP + EI contributions

~$5,105

All-in deduction rate (incl. CPP/EI)

~26.5%

vs. 2024 Faculty Member median

−40%