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Rajesh Uttamchandani

MaRS Discovery District/Chief People Officer and Chief Operating Officer

2022 Salary — last year on the list

$353,700

Total compensation $362,855, including $9,155 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
2022

Employer Rank

#2

MaRS Discovery District

Years on List

2

2021–2022

Peak Salary

$353,700

2022

Full 2022 roster at MaRS Discovery District →·See where $353,700 ranks →

Total Compensation History

Total compensation by yearLine chart of 2 yearly values of total compensation, from $351,538 in 2021 to $362,855 in 2022.$100K$200K$300K$400K20212022
Total compensation, 2021–2022. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2021–2022

$342,567 in 2021 is worth about $397,242 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2022Chief People Officer and Chief Operating OfficerMaRS Discovery District$353,700Benefits $9,155Total $362,855
2021Chief People Officer and Chief Operating OfficerMaRS Discovery District$342,567Benefits $8,971Total $351,538

Take-Home Pay
(After Tax) · 2022 estimate

Rajesh Uttamchandani was paid $353,700 in 2022; after income tax, CPP and EI that is roughly $199,896, an effective income-tax rate of about 42.2%. Within MaRS Discovery District, Rajesh Uttamchandani's total compensation of $362,855 was the #2 of 75, against a median salary of $138,588. Rajesh Uttamchandani has appeared on the list twice since 2021. 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
~$199,896
Effective income-tax rate (excl. CPP/EI)
~42.2%
CPP + EI contributions
~$4,453
All-in deduction rate (incl. CPP/EI)
~43.5%

Where does $353,700 rank on the Sunshine List? →

Estimate only: 2022 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.

Also at MaRS Discovery District
2022

View all 75 employees at MaRS Discovery District (2022) →