Michael William Best
University of Toronto/Professor of Psychology
2024 Salary — last year on the list
$151,410Total compensation $151,668, including $258 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
#3,076University of Toronto
Years on List
42020–2024
Peak Salary
$151,4102024
Full 2024 roster at University of Toronto →·See where $151,410 ranks →
Total Compensation History
Full History
2020–2024
$117,504 in 2020 is worth about $140,833 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2024 | Professor of PsychologyUniversity Of Toronto | $151,410Benefits $258Total $151,668 |
| 2022 | Professor of PsychologyUniversity Of Toronto | $127,031Benefits $716Total $127,747 |
| 2021 | Professor of PsychologyUniversity Of Toronto | $125,416Benefits $276Total $125,692 |
| 2020 | Professor of PsychologyUniversity Of Toronto | $117,504Benefits $272Total $117,776 |
Take-Home Pay
(After Tax) · 2024 estimate
In 2024, Michael William Best's $151,410 salary works out to roughly $104,112 after income tax, CPP and EI — an all-in deduction rate of about 31.2%. That is about 19% more than the $127,031 paid in 2022. Within University of Toronto, Michael William Best's total compensation of $151,668 was the #3,076 of 6,872, against a median salary of $143,076. 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
- ~$104,112
- Effective income-tax rate (excl. CPP/EI)
- ~27.9%
- CPP + EI contributions
- ~$5,105
- All-in deduction rate (incl. CPP/EI)
- ~31.2%
- vs. 2024 Professor of Psychology median
- −23%
Where does $151,410 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.