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Rick Steele

Cheshire Homes/Director of Finance

2023 Salary — last year on the list

$110,547

Total compensation $124,252, including $13,705 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
2023

Employer Rank

#2

Cheshire Homes

Years on List

5

2019–2023

Peak Salary

$110,547

2023

Full 2023 roster at Cheshire Homes·See where $110,547 ranks →

Total Compensation History

Total compensation by yearLine chart of 5 yearly values of total compensation, from $113,961 in 2019 to $124,252 in 2023.$100K$105K$110K$115K$120K$125K20192020202120222023
Total compensation, 2019–2023. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
20192023

$103,559 in 2019 is worth about $125,032 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2023Director of FinanceCheshire Homes$110,547
2022Director of FinanceCheshire Homes$107,501
2021Director of FinanceCheshire Homes$110,208
2020Director of FinanceCheshire Homes$109,393
2019Director of FinanceCheshire Homes$103,559

Take-Home Pay
(After Tax) · 2023 estimate

Take-home on Rick Steele's 2023 salary of $110,547 comes to roughly $80,213 once federal and Ontario income tax (about 23.1% effective) is deducted. It is up about 3% on the $107,501 paid in 2022. For comparison, the median Director, Finance on the 2023 list was paid $129,617; this salary is about 15% less. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay
~$80,213
Effective income-tax rate (excl. CPP/EI)
~23.1%
CPP + EI contributions
~$4,756
All-in deduction rate (incl. CPP/EI)
~27.4%
vs. 2023 Director, Finance median
−15%

Where does $110,547 rank on the Sunshine List? →

Estimate only: 2023 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 Cheshire Homes
2023