Shanthi Rajaratnam
Fedcap Canada/Vice President
2024 Salary — last year on the list
$175,819Total compensation $176,669, including $850 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
2024
Employer Rank
#1Fedcap Canada
Years on List
22023–2024
Peak Salary
$175,8192024
Full 2024 roster at Fedcap Canada →·See where $175,819 ranks →
Total Compensation History
Full History
2023–2024
$147,677 in 2023 is worth about $154,351 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2024 | Vice PresidentFedcap Canada | $175,819Benefits $850Total $176,669 |
| 2023 | Vice PresidentFedcap Canada | $147,677Benefits $822Total $148,499 |
Take-Home Pay
(After Tax) · 2024 estimate
In 2024, Shanthi Rajaratnam's $175,819 salary works out to roughly $117,485 after income tax, CPP and EI — an all-in deduction rate of about 33.2%. Compared with 2023, when the figure was $147,677, that is a rise of about 19%. That is about 19% below the 2024 median of $217,141 for Vice-President on the Sunshine List. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.
- Estimated net pay
- ~$117,485
- Effective income-tax rate (excl. CPP/EI)
- ~30.3%
- CPP + EI contributions
- ~$5,105
- All-in deduction rate (incl. CPP/EI)
- ~33.2%
- vs. 2024 Vice-President median
- −19%
Where does $175,819 rank on the Sunshine List? →
Estimate only: 2024 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.