Nicholas Palmer
Waterloo Region District School Board/Teacher/Elementary
2024 Salary — last year on the list
$122,985Total compensation $123,080, including $95 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
#2,776Waterloo Region District School Board
Years on List
22023–2024
Peak Salary
$122,9852024
Full 2024 roster at Waterloo Region District School Board →·See where $122,985 ranks →
Total Compensation History
Full History
2023–2024
$100,276 in 2023 is worth about $104,808 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2024 | Teacher/ElementaryWaterloo Region District School Board | $122,985Benefits $95Total $123,080 |
| 2023 | Teacher/ElementaryWaterloo Region District School Board | $100,276Benefits $100Total $100,376 |
Take-Home Pay
(After Tax) · 2024 estimate
Take-home on Nicholas Palmer's 2024 salary of $122,985 comes to roughly $88,034 once federal and Ontario income tax (about 24.3% effective) is deducted. For comparison, the median Elementary Teacher on the 2024 list was paid $124,827; this salary is about 1% less. Nicholas Palmer has appeared on the list twice since 2023. After pension contributions (probably OTPP for teachers or OMERS in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$88,034
- Effective income-tax rate (excl. CPP/EI)
- ~24.3%
- CPP + EI contributions
- ~$5,105
- All-in deduction rate (incl. CPP/EI)
- ~28.4%
- vs. 2024 Elementary Teacher median
- −1%
Where does $122,985 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.