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Shamena Maharaj

Financial Services Regulatory Authority of Ontario/Director, Strategic Human Resources / Directrice, gestion stratégique des ressources humaines

2025 Salary

$219,180

Total compensation $219,815, including $635 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

#44

Financial Services Regulatory Authority of Ontario

Years on List

6

2020–2025

Peak Salary

$219,180

2025

Full 2025 roster at Financial Services Regulatory Authority of Ontario →·See where $219,180 ranks →

Total Compensation History

Total compensation by yearLine chart of 6 yearly values of total compensation, from $161,932 in 2020 to $219,815 in 2025.$100K$125K$150K$175K$200K$225K202020212022202320242025
Total compensation, 2020–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2020–2025

$161,362 in 2020 is worth about $193,399 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Director, Strategic Human Resources / Directrice, gestion stratégique des ressources humainesFinancial Services Regulatory Authority of Ontario$219,180Benefits $635Total $219,815
2024Director, Strategic Human Resources / Directrice, gestion stratégique des ressources humainesFinancial Services Regulatory Authority of Ontario$174,224Benefits $612Total $174,836
2023Director, Strategic Human Resources / Directrice, gestion stratégique des ressources humainesFinancial Services Regulatory Authority of Ontario / Office Ontarien De Réglementation Des Services Financiers$170,257Benefits $599Total $170,856
2022Director, Strategic Human Resources / Directrice, gestion stratégique des ressources humainesFinancial Services Regulatory Authority of Ontario$166,987Benefits $587Total $167,573
2021Director, Strategic Human Resources / Directrice, gestion stratégique des ressources humainesFinancial Services Regulatory Authority of Ontario$164,740Benefits $579Total $165,319
2020Director, Strategic Human Resources / Directrice, gestion stratégique des ressources humainesFinancial Services Regulatory Authority of Ontario$161,362Benefits $570Total $161,932

Take-Home Pay
(After Tax) · 2025 estimate

In 2025, Shamena Maharaj's $219,180 salary works out to roughly $140,475 after income tax, CPP and EI — an all-in deduction rate of about 35.9%. At Financial Services Regulatory Authority of Ontario, 444 people made the 2025 list with a median salary of $139,825; Shamena Maharaj's total compensation of $219,815 ranked #44. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.

Estimated net pay
~$140,475
Effective income-tax rate (excl. CPP/EI)
~33.4%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~35.9%

Where does $219,180 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.

Also at Financial Services Regulatory Authority of Ontario
2025

View all 444 employees at Financial Services Regulatory Authority of Ontario (2025) →