Siqi Cao

Independent Electricity System Operator/Specialist Solutions / Spécialiste - Solutions

2024 Salary — last year on the list

$114,471

Total compensation $114,712, including $241 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

#813

Independent Electricity System Operator

Years on List

2

2023–2024

Peak Salary

$114,471

2024

Full 2024 roster at Independent Electricity System Operator →·See where $114,471 ranks →

Total Compensation History

Total compensation by yearLine chart of 2 yearly values of total compensation, from $108,201 in 2023 to $114,712 in 2024.$100K$105K$110K$115K20232024
Total compensation, 2023–2024. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2023–2024

$107,948 in 2023 is worth about $112,827 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2024Specialist Solutions / Spécialiste - SolutionsIndependent Electricity System Operator$114,471Benefits $241Total $114,712
2023Analyst Solutions / Analyste – SolutionsIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité$107,948Benefits $252Total $108,201

Take-Home Pay
(After Tax) · 2024 estimate

Take-home on Siqi Cao's 2024 salary of $114,471 comes to roughly $83,216 once federal and Ontario income tax (about 22.8% effective) is deducted. For comparison, the median Specialist Solutions Solutions on the 2024 list was paid $150,625; this salary is about 24% less. Siqi Cao has appeared on the list twice since 2023. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.

Estimated net pay
~$83,216
Effective income-tax rate (excl. CPP/EI)
~22.8%
CPP + EI contributions
~$5,105
All-in deduction rate (incl. CPP/EI)
~27.3%
vs. 2024 Specialist Solutions Solutions median
−24%

Where does $114,471 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.

Also at Independent Electricity System Operator
2024

#1Lesley Gallinger
$711,502
President and Chief Executive Officer / Président et chef de la direction
#2Kamaljit Sohi
$417,719
Chief Operating Officer and Vice President Markets and Reliability / Chef de l’exploitation et vice-président, Marchés et fiabilité
#3Charles Farmer
$415,989
Vice President Planning Conservation and Resource Adequacy and Chief Energy Transition Officer / Vice-président de la planification, de la conservation et de l’adéquation des ressources et directeur du génie et des technologies
#4Alex Foord
$344,681
Vice President, Information and Technology Services and Chief Information Officer / Vice-président - Services de l’information et des technologies et directeur de l’information
#5Carla Nell
$341,764
Vice President Corporate Relations Engagement and Strategy / Vice-président - Mobilisation et stratégie des relations avec les entreprises
#6Ernest Chui
$320,262
Vice President Corporate and Market Services and Chief Financial Officer / Directeur financier et vice-président - Services d’entreprise et de marché
#7David Robitaille
$309,726
Senior Director Market Operations / Directeur principal - Opérations sur le marché
#8Glenn Mcdonald
$305,466
Vice President Market Assessment and Compliance / Vice-président - Évaluation des marchés et conformité
#9Michael Lyle
$297,732
Vice President General Counsel and Chief Reliability Compliance Officer / Vice-président, avocat général et chef de la conformité aux normes de fiabilité
#10Michael Boll
$293,336
Associate General Counsel Director Corporate Secretary / Avocat général associé, directeur et secrétaire général
View all 914 employees at Independent Electricity System Operator (2024) →