Michael Nicholas
Waterloo Catholic District School Board/Teacher
2025 Salary
$124,762Total compensation $124,762, 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
2025
Employer Rank
#221Waterloo Catholic District School Board
Years on List
12025–2025
Peak Salary
$124,7622025
Full 2025 roster at Waterloo Catholic District School Board →·See where $124,762 ranks →
Full History
2025–2025
| Year | Position | Salary |
|---|---|---|
| 2025 | TeacherWaterloo Catholic District School Board | $124,762 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Michael Nicholas's $124,762 salary works out to roughly $89,587 after income tax, CPP and EI — an all-in deduction rate of about 28.2%. Among those listed as Teacher in 2025, the median was $118,059; this salary sits about 6% above it. This is Michael Nicholas's first appearance on the Sunshine List. After pension contributions (probably OTPP for teachers or OMERS in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$89,587
- Effective income-tax rate (excl. CPP/EI)
- ~23.8%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~28.2%
- vs. 2025 Teacher median
- +6%
Where does $124,762 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.