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Usama Makary

University of Toronto/Director, Financial Planning and Analysis

2025 Salary

$181,846

Total compensation $181,972, including $126 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

#2,510

University of Toronto

Years on List

14

2012–2025

Peak Salary

$181,846

2025

Full 2025 roster at University of Toronto →·See where $181,846 ranks →

Total Compensation History

Total compensation by yearLine chart of 14 yearly values of total compensation, from $103,753 in 2012 to $181,972 in 2025.$100K$125K$150K$175K$200K201220152017202020222025
Total compensation, 2012–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2012–2025

$103,500 in 2012 is worth about $139,644 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Director, Financial Planning and AnalysisUniversity Of Toronto$181,846Benefits $126Total $181,972
2024Manager, FinanceUniversity Of Toronto$173,594Benefits $160Total $173,753
2023Manager, FinanceUniversity Of Toronto$162,266Benefits $129Total $162,395
2022Manager, FinanceUniversity Of Toronto$158,004Benefits $136Total $158,140
2021Manager, FinanceUniversity Of Toronto$149,032Benefits $143Total $149,175
2020Manager, FinanceUniversity Of Toronto$143,626Benefits $273Total $143,898
2019Manager, FinanceUniversity Of Toronto$144,334Benefits $180Total $144,514
2018Manager, FinanceUniversity of Toronto$132,818Benefits $201Total $133,019
2017Manager, FinanceUniversity of Toronto$130,745Benefits $224Total $130,969
2016Manager, FinanceUniversity of Toronto$126,722Benefits $260Total $126,982
2015Manager, FinanceUniversity of Toronto$127,156Benefits $277Total $127,433
2014Manager, FinanceUniversity of Toronto$118,875Benefits $291Total $119,166
2013Manager, FinanceUniversity of Toronto$117,116Benefits $280Total $117,396
2012Manager, Administrative ServicesUniversity of Toronto$103,500Benefits $253Total $103,753

Take-Home Pay
(After Tax) · 2025 estimate

Take-home on Usama Makary's 2025 salary of $181,846 comes to roughly $121,315 once federal and Ontario income tax (about 30.3% effective) is deducted. That is about 5% more than the $173,594 paid in 2024. Records under this name have appeared on the Sunshine List 14 years in all, first in 2012. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay
~$121,315
Effective income-tax rate (excl. CPP/EI)
~30.3%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~33.3%
vs. 2025 Director Financial Planning and Analysis median
+4%

Where does $181,846 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.

Also at University of Toronto
2025

View all 7,392 employees at University of Toronto (2025) →