Michelle Holder
Thames Valley District School Board/Principal
2025 Salary
$137,540Total compensation $137,540, 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
#309Thames Valley District School Board
Years on List
92017–2025
Peak Salary
$137,5402025
Full 2025 roster at Thames Valley District School Board →·See where $137,540 ranks →
Total Compensation History
Full History
2017–2025
$100,589 in 2017 is worth about $126,662 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | PrincipalThames Valley District School Board | $137,540Benefits $0Total $137,540 |
| 2024 | PrincipalThames Valley District School Board | $129,202Benefits $0Total $129,202 |
| 2023 | Elementary PrincipalThames Valley District School Board | $118,036Benefits $0Total $118,036 |
| 2022 | Elementary PrincipalThames Valley District School Board | $128,778Benefits $0Total $128,778 |
| 2021 | Elementary PrincipalThames Valley District School Board | $123,975Benefits $0Total $123,975 |
| 2020 | Elementary PrincipalThames Valley District School Board | $128,164Benefits $1,200Total $129,364 |
| 2019 | Elementary PrincipalThames Valley District School Board | $115,973Benefits $0Total $115,973 |
| 2018 | Elementary PrincipalThames Valley District School Board | $104,024Benefits $122Total $104,146 |
| 2017 | Elementary Vice PrincipalThames Valley District School Board | $100,589Benefits $0Total $100,589 |
Take-Home Pay
(After Tax) · 2025 estimate
Michelle Holder was paid $137,540 in 2025; after income tax, CPP and EI that is roughly $96,817, an effective income-tax rate of about 25.6%. For comparison, the median Principal (level not specified) on the 2025 list was paid $165,678; this salary is about 17% less. 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
- ~$96,817
- Effective income-tax rate (excl. CPP/EI)
- ~25.6%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~29.6%
- vs. 2025 Principal (level not specified) median
- −17%
Where does $137,540 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.