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Karen Linseman

Innovation Factory/Vice President Operations

2025 Salary

$168,540

Total compensation $173,085, including $4,545 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

#2

Innovation Factory

Years on List

7

2019–2025

Peak Salary

$168,540

2025

Full 2025 roster at Innovation Factory →·See where $168,540 ranks →

Total Compensation History

Total compensation by yearLine chart of 7 yearly values of total compensation, from $106,072 in 2019 to $173,085 in 2025.$100K$120K$140K$160K$180K201920202021202320242025
Total compensation, 2019–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2019–2025

$106,072 in 2019 is worth about $128,067 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Vice President OperationsInnovation Factory$168,540Benefits $4,545Total $173,085
2024Vice President of OperationsInnovation Factory$150,231Benefits $6,166Total $156,397
2023Vice President of OperationsInnovation Factory$138,885Benefits $1,261Total $140,146
2022Director of OperationsInnovation Factory$123,539Benefits $4,402Total $127,941
2021Director of OperationsInnovation Factory$112,076Benefits $659Total $112,735
2020Director of OperationsInnovation Factory$118,392Benefits $0Total $118,392
2019Director of OperationsInnovation Factory$106,072Benefits $0Total $106,072

Take-Home Pay
(After Tax) · 2025 estimate

Karen Linseman was paid $168,540 in 2025; after income tax, CPP and EI that is roughly $114,088, an effective income-tax rate of about 29.0%. That is about 12% more than the $150,231 paid in 2024. Karen Linseman has appeared on the list 7 times since 2019. 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
~$114,088
Effective income-tax rate (excl. CPP/EI)
~29.0%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~32.3%
vs. 2025 Vice President Operations median
−14%

Where does $168,540 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 Innovation Factory
2025