Srinivasulu Penumadu
Treasury Board Secretariat/Test Lead
2024 Salary — last year on the list
$115,403Total compensation $115,638, including $236 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
#1,010Treasury Board Secretariat
Years on List
22023–2024
Peak Salary
$115,4032024
Full 2024 roster at Treasury Board Secretariat →·See where $115,403 ranks →
Total Compensation History
Full History
2023–2024
$101,591 in 2023 is worth about $106,182 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2024 | Test LeadTreasury Board Secretariat | $115,403Benefits $236Total $115,638 |
| 2023 | Test Lead / Responsable, testTreasury Board Secretariat / Secrétariat Du Conseil Du Trésor | $101,591Benefits $225Total $101,816 |
Take-Home Pay
(After Tax) · 2024 estimate
In 2024, Srinivasulu Penumadu's $115,403 salary works out to roughly $83,744 after income tax, CPP and EI — an all-in deduction rate of about 27.4%. That is about 14% more than the $101,591 paid in 2023. Records under this name have appeared on the Sunshine List 2 years in all, first in 2023. Pension contributions — likely PSPP or OPTrust in the Government of Ontario – Ministries sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$83,744
- Effective income-tax rate (excl. CPP/EI)
- ~23.0%
- CPP + EI contributions
- ~$5,105
- All-in deduction rate (incl. CPP/EI)
- ~27.4%
Where does $115,403 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.