Michael Ophek
Independent Electricity System Operator/Advisor Resources and Development / Conseiller, ressources et développement
2023 Salary — last year on the list
$124,665Total compensation $125,266, including $601 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
#633Independent Electricity System Operator
Years on List
22022–2023
Peak Salary
$124,6652023
Full 2023 roster at Independent Electricity System Operator →·See where $124,665 ranks →
Total Compensation History
Full History
2022–2023
$109,695 in 2022 is worth about $119,126 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2023 | Advisor Resources and Development / Conseiller, ressources et développementIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité | $124,665Benefits $601Total $125,266 |
| 2022 | Procurement Specialist / Spécialiste – ApprovisionnementIndependent Electricity System Operator | $109,695Benefits $0Total $109,695 |
Take-Home Pay
(After Tax) · 2023 estimate
Take-home on Michael Ophek's 2023 salary of $124,665 comes to roughly $88,203 once federal and Ontario income tax (about 25.4% effective) is deducted. On total compensation of $125,266, Michael Ophek ranked #633 of 797 disclosed at Independent Electricity System Operator that year, where the median salary was $151,138. It is up about 14% on the $109,695 paid in 2022. Pension contributions — likely PSPP or OPTrust in the Crown Agencies sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$88,203
- Effective income-tax rate (excl. CPP/EI)
- ~25.4%
- CPP + EI contributions
- ~$4,756
- All-in deduction rate (incl. CPP/EI)
- ~29.2%
Where does $124,665 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.