Michael Power

University of Waterloo/Professor

At a Glance
2025

Latest Salary

$225,002

2025

Total Compensation

$225,473

Incl. $471 benefits

Employer Rank

#407

University of Waterloo

Years on List

2006–2025

Salary History

Full History
2006–2025

Year	Employer	Position	Salary	Benefits	Total
2025	University Of Waterloo	Professor	$225,002	$471	$225,473
2024	University Of Waterloo	Professor	$214,791	$400	$215,191
2023	University Of Waterloo	—	$206,385	$356	$206,741
2022	University Of Waterloo	Professor	$196,155	$536	$196,692
2021	University Of Waterloo	Professor	$192,376	$521	$192,897
2020	University Of Waterloo	Professor	$187,836	$501	$188,338
2019	University Of Waterloo	Professor	$181,808	$513	$182,321
2018	University of Waterloo	Professor	$175,544	$518	$176,062
2017	University of Waterloo	Professor	$168,838	$549	$169,388
2016	University of Waterloo	Professor	$162,533	$579	$163,113
2015	University of Waterloo	Professor	$156,034	$604	$156,638
2014	University of Waterloo	Professor	$149,004	$577	$149,581
2013	University of Waterloo	Professor	$140,936	$433	$141,369
2012	University of Waterloo	Professor	$133,483	$466	$133,949
2011	University of Waterloo	Professor	$128,913	$1,052	$129,965
2010	University of Waterloo	Professor	$125,277	$1,098	$126,375
2009	University of Waterloo	Professor	$121,474	$1,101	$122,575
2008	University of Waterloo	Professor	$115,204	$1,068	$116,272
2007	University of Waterloo	Professor	$104,320	$920	$105,240
2006	University of Waterloo	Professor	$100,819	$790	$101,609

Take-Home Pay
(After Tax) · 2025 estimate

Take-home on Michael Power's 2025 salary of $225,002 comes to roughly $143,426 once federal and Ontario income tax (about 33.8% effective) is deducted. For comparison, the median Professor on the 2025 list was paid $135,910; this salary is about 66% more. It is up about 5% on the $214,791 paid in 2024. 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: ~$143,426
Effective income-tax rate (excl. CPP/EI): ~33.8%
CPP + EI contributions: ~$5,507
vs. 2025 Professor median: +66%

Where does $225,002 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.

Also at University of Waterloo

#	Name	Position	Salary	Total
1	Vivek Goel	President	$515,000	$526,302
2	James Rush	Professor	$400,000	$411,552
3	Renee Miller	Professor	$407,658	$408,302
4	Raouf Boutaba	Professor	$396,821	$398,257
5	Steve Fortin	Professor	$390,915	$392,629
6	Kenneth Klassen	Professor	$388,579	$390,138
7	Blake Phillips	Associate Professor	$382,260	$383,790
8	Elizabeth Demers	Professor	$382,844	$383,610
9	Benjamin Thompson	Professor	$360,377	$361,546
10	Charmaine Dean	Vice-President, Research and International	$350,000	$350,732