Varun Malik
University of Toronto/Department Manager, Department of Language Studies
2025 Salary
$120,995Total compensation $122,319, including $1,324 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
#5,159University of Toronto
Years on List
42021–2025
Peak Salary
$121,5312024
Full 2025 roster at University of Toronto →·See where $120,995 ranks →
Total Compensation History
Full History
2021–2025
$100,443 in 2021 is worth about $116,474 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Department Manager, Department of Language StudiesUniversity Of Toronto | $120,995Benefits $1,324Total $122,319 |
| 2024 | Department Manager, Department of Language StudiesUniversity Of Toronto | $121,531Benefits $1,460Total $122,991 |
| 2023 | Department Manager, Department of Language StudiesUniversity Of Toronto | $108,692Benefits $112Total $108,804 |
| 2021 | Business OfficerUniversity Of Toronto | $100,443Benefits $106Total $100,549 |
Take-Home Pay
(After Tax) · 2025 estimate
Varun Malik was paid $120,995 in 2025; after income tax, CPP and EI that is roughly $87,455, an effective income-tax rate of about 23.2%. On total compensation of $122,319, Varun Malik ranked #5,159 of 7,392 disclosed at University of Toronto that year, where the median salary was $147,726. That is about the same as the $121,531 paid in 2024. Members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less after pension contributions, which this estimate leaves out.
- Estimated net pay
- ~$87,455
- Effective income-tax rate (excl. CPP/EI)
- ~23.2%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~27.7%
Where does $120,995 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.