Terence Farrell
University Health Network/Director, Finance
2025 Salary
$159,268Total compensation $159,573, including $305 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
#331University Health Network
Years on List
32023–2025
Peak Salary
$159,2682025
Full 2025 roster at University Health Network →·See where $159,268 ranks →
Total Compensation History
Full History
2023–2025
$139,860 in 2023 is worth about $146,181 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Director, FinanceUniversity Health Network | $159,268Benefits $305Total $159,573 |
| 2024 | Director, FinanceUniversity Health Network | $155,192Benefits $331Total $155,524 |
| 2023 | Director, FinanceUniversity Health Network | $139,860Benefits $317Total $140,177 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Terence Farrell's $159,268 salary works out to roughly $108,985 after income tax, CPP and EI — an all-in deduction rate of about 31.6%. Among those listed as Director, Finance in 2025, the median was $135,194; this salary sits about 18% above it. Terence Farrell has appeared on the list 3 times since 2023. Pension contributions — likely HOOPP in the Hospitals & Boards of Public Health sector — would typically trim another 7–10% off that figure.
- Estimated net pay
- ~$108,985
- Effective income-tax rate (excl. CPP/EI)
- ~28.1%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~31.6%
- vs. 2025 Director, Finance median
- +18%
Where does $159,268 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.