Joseph Ricasio
Independent Electricity System Operator/Senior Manager, System Operations / Gestionnaire principal – Opérations sur le réseau
2025 Salary
$231,716Total compensation $231,918, including $202 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
#42Independent Electricity System Operator
Years on List
122014–2025
Peak Salary
$231,7162025
Full 2025 roster at Independent Electricity System Operator →·See where $231,716 ranks →
Total Compensation History
Full History
2014–2025
$107,215 in 2014 is worth about $140,613 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Senior Manager, System Operations / Gestionnaire principal – Opérations sur le réseauIndependent Electricity System Operator | $231,716Benefits $202Total $231,918 |
| 2024 | Senior Manager System Operations / Gestionnaire principal - Opérations sur le réseauIndependent Electricity System Operator | $199,575Benefits $195Total $199,770 |
| 2023 | Senior Manager, System Operations / Gestionnaire principal – Opérations sur le réseauIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité | $181,977Benefits $208Total $182,185 |
| 2022 | Senior Manager Market Forecasts and Integration / Gestionnaire principal – Prévisions et intégration des marchésIndependent Electricity System Operator | $168,730Benefits $236Total $168,966 |
| 2021 | Manager Operations Planning / Gestionnaire, planification des opérationsIndependent Electricity System Operator | $175,945Benefits $438Total $176,382 |
| 2020 | Engineering Manager Power Systems / Gestionnaire technique du réseau d’électricitéIndependent Electricity System Operator | $151,059Benefits $405Total $151,463 |
| 2019 | Engineering Manager Power Systems / Gestionnaire technique du réseau d’électricitéIndependent Electricity System Operator | $133,652Benefits $376Total $134,028 |
| 2018 | Senior Power System Specialist / Spécialiste principal – Réseau d’électricitéIndependent Electricity System Operator | $133,860Benefits $477Total $134,337 |
| 2017 | Senior Power System Specialist / Spécialiste principal, Réseau d’électricitéIndependent Electricity System Operator / Opérateur Indépendant De Réseau D'Électricité | $119,040Benefits $415Total $119,455 |
| 2016 | Senior Engineer/Technical Officer - Markets / Spécialiste technique principal – MarchésIndependent Electricity System Operator | $119,594Benefits $473Total $120,066 |
| 2015 | Senior Engineer/Technical Officer - Markets / Spécialiste technique principal – MarchésIndependent Electricity System Operator | $117,122Benefits $449Total $117,571 |
| 2014 | Senior Engineer / Technical Officer - Markets / Spécialiste technique principal - MarchésIndependent Electricity System Operator | $107,215Benefits $554Total $107,770 |
Take-Home Pay
(After Tax) · 2025 estimate
Take-home on Joseph Ricasio's 2025 salary of $231,716 comes to roughly $146,794 once federal and Ontario income tax (about 34.3% effective) is deducted. That is about 16% more than the $199,575 paid in 2024. Records under this name have appeared on the Sunshine List 12 years in all, first in 2014. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$146,794
- Effective income-tax rate (excl. CPP/EI)
- ~34.3%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~36.6%
Where does $231,716 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.