Penny Wilson
University of Toronto/Business Officer
At a Glance
2025
Latest Salary
$116,2062025
Total Compensation
$116,322Incl. $117 benefits
Employer Rank
#5,647University of Toronto
Years on List
62020–2025
Salary History
Full History
2020–2025
| Year | Employer | Position | Salary | Benefits | Total |
|---|---|---|---|---|---|
| 2025 | University Of Toronto | Business Officer | $116,206 | $117 | $116,322 |
| 2024 | University Of Toronto | Business Officer | $114,040 | $118 | $114,158 |
| 2023 | University Of Toronto | — | $108,249 | $112 | $108,361 |
| 2022 | University Of Toronto | Business Officer | $103,582 | $113 | $103,695 |
| 2021 | University Of Toronto | Business Officer | $102,050 | $117 | $102,166 |
| 2020 | University Of Toronto | Business Officer | $100,542 | $122 | $100,663 |
Take-Home Pay
(After Tax) · 2025 estimate
Of the $116,206 Penny Wilson earned in 2025, roughly $84,744 would remain after income tax, CPP and EI, an effective rate of about 22.3%. That is in line with the 2025 median of $116,206 for Business Officer on the Sunshine List. Compared with 2024, when the figure was $114,040, that is a rise of about 2%. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.
- Estimated net pay
- ~$84,744
- Effective income-tax rate (excl. CPP/EI)
- ~22.3%
- CPP + EI contributions
- ~$5,507
- vs. 2025 Business Officer median
- about even
Where does $116,206 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.