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Timothy Shepherd

Treasury Board Secretariat/Senior Audit Manager

2024 Salary — last year on the list

$141,110

Total compensation $141,291, including $180 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

#193

Treasury Board Secretariat

Years on List

11

2014–2024

Peak Salary

$141,110

2024

Full 2024 roster at Treasury Board Secretariat →·See where $141,110 ranks →

Total Compensation History

Total compensation by yearLine chart of 11 yearly values of total compensation, from $104,210 in 2014 to $141,291 in 2024.$100K$110K$120K$130K$140K$150K201420162018202020222024
Total compensation, 2014–2024. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2014–2024

$104,032 in 2014 is worth about $136,438 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2024Senior Audit ManagerTreasury Board Secretariat$141,110Benefits $180Total $141,291
2023Senior Audit Manager / Chef des services de vérificationTreasury Board Secretariat / Secrétariat Du Conseil Du Trésor$134,534Benefits $175Total $134,709
2022Senior Audit ManagerTreasury Board Secretariat$136,380Benefits $173Total $136,552
2021Senior Audit ManagerTreasury Board Secretariat$133,715Benefits $169Total $133,885
2020Senior Audit ManagerTreasury Board Secretariat$134,075Benefits $163Total $134,238
2019Senior Audit ManagerTreasury Board Secretariat$124,336Benefits $166Total $124,502
2018Senior Audit ManagerTreasury Board Secretariat$122,512Benefits $181Total $122,693
2017Senior Audit Manager / Chef des services de vérificationTreasury Board Secretariat / Secrétariat du Conseil du Trésor$112,482Benefits $164Total $112,646
2016Senior Audit ManagerTreasury Board Secretariat$104,776Benefits $164Total $104,940
2015Senior Audit Manager / Chef des services de vérificationTreasury Board Secretariat$103,408Benefits $176Total $103,584
2014Senior Audit Manager / Chef des services de vérificationTreasury Board Secretariat$104,032Benefits $179Total $104,210

Take-Home Pay
(After Tax) · 2024 estimate

In 2024, Timothy Shepherd's $141,110 salary works out to roughly $98,292 after income tax, CPP and EI — an all-in deduction rate of about 30.3%. It is up about 5% on the $134,534 paid in 2023. For comparison, the median Senior Audit Manager on the 2024 list was paid $138,385; this salary is about 2% more. Most Government of Ontario – Ministries employees belong to PSPP or OPTrust, so actual take-home is likely another 7–10% lower after pension contributions.

Estimated net pay
~$98,292
Effective income-tax rate (excl. CPP/EI)
~26.7%
CPP + EI contributions
~$5,105
All-in deduction rate (incl. CPP/EI)
~30.3%
vs. 2024 Senior Audit Manager median
+2%

Where does $141,110 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 Treasury Board Secretariat
2024

View all 1,526 employees at Treasury Board Secretariat (2024) →