Sandra G. Banks
University of Waterloo/Vice-President, University Relations
2022 Salary — last year on the list
$294,000Total compensation $294,727, including $727 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
#19University of Waterloo
Years on List
82015–2022
Peak Salary
$301,0832018
Full 2022 roster at University of Waterloo →·See where $294,000 ranks →
Total Compensation History
Full History
2015–2022
$228,825 in 2015 is worth about $296,786 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2022 | Vice-President, University RelationsUniversity Of Waterloo | $294,000Benefits $727Total $294,727 |
| 2021 | Vice-President, University RelationsUniversity Of Waterloo | $297,333Benefits $568Total $297,902 |
| 2020 | Vice-President, University RelationsUniversity Of Waterloo | $295,250Benefits $561Total $295,811 |
| 2019 | Vice-President, University RelationsUniversity Of Waterloo | $300,667Benefits $596Total $301,263 |
| 2018 | Vice-President, University RelationsUniversity of Waterloo | $301,083Benefits $624Total $301,708 |
| 2017 | Vice-President, University RelationsUniversity of Waterloo | $299,000Benefits $684Total $299,684 |
| 2016 | Vice-President, University RelationsUniversity of Waterloo | $299,000Benefits $749Total $299,749 |
| 2015 | Vice-President, University RelationsUniversity of Waterloo | $228,825Benefits $610Total $229,435 |
Take-Home Pay
(After Tax) · 2022 estimate
Sandra G. Banks was paid $294,000 in 2022; after income tax, CPP and EI that is roughly $172,153, an effective income-tax rate of about 39.9%. Compared with 2021, when the figure was $297,333, that is a drop of about 1%. Sandra G. Banks has appeared on the list 8 times since 2015. 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
- ~$172,153
- Effective income-tax rate (excl. CPP/EI)
- ~39.9%
- CPP + EI contributions
- ~$4,453
- All-in deduction rate (incl. CPP/EI)
- ~41.4%
Where does $294,000 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.