Karen Mak
University of Toronto/Senior Planning and Budget Officer
2025 Salary
$135,355Total compensation $135,523, including $168 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
#4,274University of Toronto
Years on List
52021–2025
Peak Salary
$135,3552025
Full 2025 roster at University of Toronto →·See where $135,355 ranks →
Total Compensation History
Full History
2021–2025
$109,607 in 2021 is worth about $127,101 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Senior Planning and Budget OfficerUniversity Of Toronto | $135,355Benefits $168Total $135,523 |
| 2024 | Senior Planning and Budget OfficerUniversity Of Toronto | $130,012Benefits $172Total $130,184 |
| 2023 | Senior Planning and Budget OfficerUniversity Of Toronto | $120,895Benefits $165Total $121,060 |
| 2022 | Senior Planning and Budget OfficerUniversity Of Toronto | $112,617Benefits $163Total $112,780 |
| 2021 | Senior Planning and Budget OfficerUniversity Of Toronto | $109,607Benefits $167Total $109,774 |
Take-Home Pay
(After Tax) · 2025 estimate
Karen Mak was paid $135,355 in 2025; after income tax, CPP and EI that is roughly $95,581, an effective income-tax rate of about 25.3%. Compared with 2024, when the figure was $130,012, that is a rise of about 4%. Records under this name have appeared on the Sunshine List 5 years in all, first in 2021. 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
- ~$95,581
- Effective income-tax rate (excl. CPP/EI)
- ~25.3%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~29.4%
Where does $135,355 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.