Michael D Sherar
City of Toronto – Toronto Seniors Housing Corporation/Transition Lead And Chief Corporate Officer
2022 Salary — last year on the list
$168,677Total compensation $168,677, including $0 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
2022
Employer Rank
#1City of Toronto – Toronto Seniors Housing Corporation
Years on List
12022–2022
Peak Salary
$168,6772022
Full 2022 roster at City of Toronto – Toronto Seniors Housing Corporation →·See where $168,677 ranks →
Full History
2022–2022
| Year | Position | Salary |
|---|---|---|
| 2022 | Transition Lead And Chief Corporate OfficerCity of Toronto - Toronto Seniors Housing Corporation | $168,677Benefits $0Total $168,677 |
Take-Home Pay
(After Tax) · 2022 estimate
In 2022, Michael D Sherar's $168,677 salary works out to roughly $111,321 after income tax, CPP and EI — an all-in deduction rate of about 34.0%. On total compensation of $168,677, Michael D Sherar ranked #1 of 2 disclosed at City of Toronto – Toronto Seniors Housing Corporation that year. Most Municipalities & Services employees belong to OMERS, so actual take-home is likely another 7–10% lower after pension contributions.
- Estimated net pay
- ~$111,321
- Effective income-tax rate (excl. CPP/EI)
- ~31.4%
- CPP + EI contributions
- ~$4,453
- All-in deduction rate (incl. CPP/EI)
- ~34.0%
Where does $168,677 rank on the Sunshine List? →
Estimate only: 2022 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.