Michael Payne
Toronto District School Board/Teacher, Secondary
2024 Salary — last year on the list
$123,734Total compensation $123,734, 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
2024
Employer Rank
#5,032Toronto District School Board
Years on List
32021–2024
Peak Salary
$123,7342024
Full 2024 roster at Toronto District School Board →·See where $123,734 ranks →
Total Compensation History
Full History
2021–2024
$104,067 in 2021 is worth about $120,677 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2024 | Teacher, SecondaryToronto District School Board | $123,734Benefits $0Total $123,734 |
| 2022 | Teacher SecondaryToronto District School Board | $101,514Benefits $0Total $101,514 |
| 2021 | Teacher SecondaryToronto District School Board | $104,067Benefits $0Total $104,067 |
Take-Home Pay
(After Tax) · 2024 estimate
Take-home on Michael Payne's 2024 salary of $123,734 comes to roughly $88,459 once federal and Ontario income tax (about 24.4% effective) is deducted. For comparison, the median Secondary Teacher on the 2024 list was paid $132,423; this salary is about 7% less. Michael Payne has appeared on the list 3 times since 2021. Most School Boards employees belong to OTPP for teachers or OMERS, so actual take-home is likely another 7–10% lower after pension contributions.
- Estimated net pay
- ~$88,459
- Effective income-tax rate (excl. CPP/EI)
- ~24.4%
- CPP + EI contributions
- ~$5,105
- All-in deduction rate (incl. CPP/EI)
- ~28.5%
- vs. 2024 Secondary Teacher median
- −7%
Where does $123,734 rank on the Sunshine List? →
Estimate only: 2024 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.