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Matthew Hicks

Venturelab Innovation Centre/Vice President, Finance and Administration

2023 Salary — last year on the list

$146,856

Total compensation $147,612, including $756 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
2023

Employer Rank

#4

Venturelab Innovation Centre

Years on List

3

2021–2023

Peak Salary

$146,856

2023

Full 2023 roster at Venturelab Innovation Centre →·See where $146,856 ranks →

Total Compensation History

Total compensation by yearLine chart of 3 yearly values of total compensation, from $101,667 in 2021 to $147,612 in 2023.$100K$110K$120K$130K$140K$150K202120222023
Total compensation, 2021–2023. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2021–2023

$101,667 in 2021 is worth about $117,893 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2023Vice President, Finance and AdministrationVenturelab Innovation Centre$146,856Benefits $756Total $147,612
2022Vice President, Finance and AdministrationVenturelab Innovation Centre$129,425Benefits $0Total $129,425
2021Vice President, FinanceVenturelab Innovation Centre$101,667Benefits $0Total $101,667

Take-Home Pay
(After Tax) · 2023 estimate

Take-home on Matthew Hicks's 2023 salary of $146,856 comes to roughly $100,761 once federal and Ontario income tax (about 28.1% effective) is deducted. That is about 13% more than the $129,425 paid in 2022. On total compensation of $147,612, Matthew Hicks ranked #4 of 8 disclosed at Venturelab Innovation Centre that year, where the median salary was $144,303. 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
~$100,761
Effective income-tax rate (excl. CPP/EI)
~28.1%
CPP + EI contributions
~$4,756
All-in deduction rate (incl. CPP/EI)
~31.4%
vs. 2023 Vice President Finance and Administration median
−38%

Where does $146,856 rank on the Sunshine List? →

Estimate only: 2023 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 Venturelab Innovation Centre
2023