Parminder Raina
Mcmaster University/Director / Professor
2025 Salary
$420,053Total compensation $420,570, including $517 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
#11Mcmaster University
Years on List
232003–2025
Peak Salary
$420,0532025
Full 2025 roster at Mcmaster University →·See where $420,053 ranks →
Total Compensation History
Full History
2003–2025
$102,271 in 2003 is worth about $163,354 in 2025 dollars.
Take-Home Pay
(After Tax) · 2025 estimate
Take-home on Parminder Raina's 2025 salary of $420,053 comes to roughly $235,157 once federal and Ontario income tax (about 42.7% effective) is deducted. For comparison, the median Director & Professor on the 2025 list was paid $229,960; this salary is about 83% more. Compared with 2024, when the figure was $406,987, that is a rise of about 3%. 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
- ~$235,157
- Effective income-tax rate (excl. CPP/EI)
- ~42.7%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~44.0%
- vs. 2025 Director & Professor median
- +83%
Where does $420,053 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.