Raul Ricardez
Independent Electricity System Operator/Risk Management Lead / Responsable – Gestion des risques
2025 Salary
$157,514Total compensation $157,829, including $314 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
#482Independent Electricity System Operator
Years on List
62019–2025
Peak Salary
$157,5142025
Full 2025 roster at Independent Electricity System Operator →·See where $157,514 ranks →
Total Compensation History
Full History
2019–2025
$118,214 in 2019 is worth about $142,725 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Risk Management Lead / Responsable – Gestion des risquesIndependent Electricity System Operator | $157,514Benefits $314Total $157,829 |
| 2023 | Risk Management Lead / Chef de la gestion des risquesIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité | $152,516Benefits $337Total $152,853 |
| 2022 | Project Manager / Gestionnaire – ProjetsIndependent Electricity System Operator | $131,725Benefits $386Total $132,111 |
| 2021 | Project Manager / Gestionnaire - ProjetsIndependent Electricity System Operator | $126,324Benefits $376Total $126,700 |
| 2020 | Project Manager / Gestionnaire – ProjetsIndependent Electricity System Operator | $119,808Benefits $356Total $120,164 |
| 2019 | Project Manager / Gestionnaire – ProjetsIndependent Electricity System Operator | $118,214Benefits $29Total $118,242 |
Take-Home Pay
(After Tax) · 2025 estimate
Of the $157,514 Raul Ricardez earned in 2025, roughly $108,020 would remain after income tax, CPP and EI, an all-in deduction rate of about 31.4%. That is about 3% more than the $152,516 paid in 2023. Records under this name have appeared on the Sunshine List 6 years in all, first in 2019. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$108,020
- Effective income-tax rate (excl. CPP/EI)
- ~27.9%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~31.4%
Where does $157,514 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.