Penelope Lockwood
University of Toronto/Professor and Chair of Psychology
2025 Salary
$304,271Total compensation $349,981, including $45,710 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
#227University of Toronto
Years on List
192006–2025
Peak Salary
$304,2712025
Full 2025 roster at University of Toronto →·See where $304,271 ranks →
Total Compensation History
Full History
2006–2025
$110,817 in 2006 is worth about $166,784 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Professor and Chair of PsychologyUniversity Of Toronto | $304,271Benefits $45,710Total $349,981 |
| 2024 | Professor of Psychology and Vice-Dean, Academic PlanningUniversity Of Toronto | $263,509Benefits $51,048Total $314,557 |
| 2023 | Professor of Psychology and Vice-Dean, Academic PlanningUniversity Of Toronto | $270,522Benefits $1,048Total $271,570 |
| 2022 | Professor of Psychology and Vice-Dean Academic Planning, Arts and ScienceUniversity Of Toronto | $234,423Benefits $227Total $234,650 |
| 2021 | Professor of Psychology and Vice-Dean Academic Planning, Arts and ScienceUniversity Of Toronto | $223,284Benefits $12,299Total $235,583 |
| 2020 | Associate Professor of Psychology and Vice-Dean Academic Planning, Arts and ScienceUniversity Of Toronto | $227,811Benefits $12,552Total $240,363 |
| 2019 | Professor of Psychology and Vice-Dean Academic Planning and Strategic Initiatives, Arts and ScienceUniversity Of Toronto | $221,482Benefits $12,601Total $234,083 |
| 2018 | Professor of Psychology and Vice-Dean Academic Planning and Strategic Initiatives, Arts and ScienceUniversity of Toronto | $212,236Benefits $13,786Total $226,022 |
| 2017 | Professor of Psychology and Vice-Dean Academic Planning and Strategic Initiatives, Arts and ScienceUniversity of Toronto | $204,955Benefits $12,913Total $217,868 |
| 2016 | Professor of Psychology and Vice-Dean Academic Planning and Strategic Initiatives, Arts and ScienceUniversity of Toronto | $204,499Benefits $728Total $205,227 |
| 2015 | Professor Of Psychology And Acting Associate Dean, UndergraduateUniversity of Toronto | $175,929Benefits $355Total $176,284 |
| 2014 | Professor of PsychologyUniversity of Toronto | $178,456Benefits $5,618Total $184,074 |
| 2013 | Professor of PsychologyUniversity of Toronto | $172,829Benefits $5,460Total $178,289 |
| 2012 | Professor of PsychologyUniversity of Toronto | $165,921Benefits $7,742Total $173,663 |
| 2011 | Professor of PsychologyUniversity of Toronto | $158,069Benefits $7,952Total $166,021 |
| 2010 | Professor of PsychologyUniversity of Toronto | $144,259Benefits $5,395Total $149,653 |
| 2009 | Professor of PsychologyUniversity of Toronto | $133,711Benefits $6,283Total $139,995 |
| 2008 | Professor, PsychologyUniversity of Toronto | $125,450Benefits $269Total $125,718 |
| 2006 | Professor of PsychologyUniversity of Toronto | $110,817Benefits $250Total $111,067 |
Take-Home Pay
(After Tax) · 2025 estimate
Of the $304,271 Penelope Lockwood earned in 2025, roughly $181,352 would remain after income tax, CPP and EI, an all-in deduction rate of about 40.4%. That is about 15% more than the $263,509 paid in 2024. Penelope Lockwood has appeared on the list 19 times since 2006. 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
- ~$181,352
- Effective income-tax rate (excl. CPP/EI)
- ~38.6%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~40.4%
Where does $304,271 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.