Mathuvanthy Balachandran
Independent Electricity System Operator/Supervisor Contract Settlements / Superviseur – Règlement de contrats
2025 Salary
$114,852Total compensation $115,174, including $322 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
Records separated by several years; may be more than one person.
At a Glance
2025
Employer Rank
#893Independent Electricity System Operator
Years on List
72016–2025
Peak Salary
$151,4162023
Full 2025 roster at Independent Electricity System Operator →·See where $114,852 ranks →
Total Compensation History
Full History
2016–2025
$110,869 in 2016 is worth about $141,781 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Supervisor Contract Settlements / Superviseur – Règlement de contratsIndependent Electricity System Operator | $114,852 |
| 2024 | Supervisor Contract Settlements / Superviseur - Règlement de contratsIndependent Electricity System Operator | $115,380 |
| 2023 | Supervisor Contract Settlements / Superviseur - Règlement de contratsIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité | $151,416 |
| 2022 | Specialist Commercial Services / Spécialiste – Services commerciauxIndependent Electricity System Operator | $123,057 |
| 2021 | Specialist Commercial Services / Spécialiste - Services commerciauxIndependent Electricity System Operator | $117,740 |
| 2020 | Specialist Commercial Services / Spécialiste – Services commerciauxIndependent Electricity System Operator | $109,339 |
| 2016 | Junior Contract Analyst / Analyste de projet juniorIndependent Electricity System Operator | $110,869 |
Take-Home Pay
(After Tax) · 2025 estimate
Of the $114,852 Mathuvanthy Balachandran earned in 2025, roughly $83,925 would remain after income tax, CPP and EI, an all-in deduction rate of about 26.9%. The 2024 record under this name shows $115,380. Records under this name have appeared on the Sunshine List 7 years in all, first in 2016. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$83,925
- Effective income-tax rate (excl. CPP/EI)
- ~22.1%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~26.9%
Where does $114,852 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.