Wei-Yi (Scott) Liao

University of Toronto/Professor of Accounting

2025 Salary

$573,981

Total compensation $576,190, including $2,210 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

University of Toronto

Years on List

2008–2025

Peak Salary

$573,981

2025

Full 2025 roster at University of Toronto →·See where $573,981 ranks →

Total Compensation History

Total compensation, 2008–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2008–2025

$112,500 in 2008 is worth about $161,897 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2025	University Of Toronto	Professor of AccountingUniversity Of Toronto	$573,981Benefits $2,210Total $576,190	$2,210	$576,190
2024	University Of Toronto	Professor of AccountingUniversity Of Toronto	$512,896Benefits $2,215Total $515,111	$2,215	$515,111
2023	University Of Toronto	Professor of AccountingUniversity Of Toronto	$570,724Benefits $2,215Total $572,939	$2,215	$572,939
2022	University Of Toronto	Professor of AccountingUniversity Of Toronto	$518,912Benefits $2,227Total $521,139	$2,227	$521,139
2021	University Of Toronto	Professor of AccountingUniversity Of Toronto	$449,946Benefits $2,239Total $452,184	$2,239	$452,184
2020	University Of Toronto	Professor of AccountingUniversity Of Toronto	$416,673Benefits $3,252Total $419,925	$3,252	$419,925
2019	University Of Toronto	Professor of AccountingUniversity Of Toronto	$421,830Benefits $2,301Total $424,131	$2,301	$424,131
2018	University of Toronto	Professor of AccountingUniversity of Toronto	$377,947Benefits $2,336Total $380,283	$2,336	$380,283
2017	University of Toronto	Professor of AccountingUniversity of Toronto	$364,837Benefits $2,117Total $366,955	$2,117	$366,955
2016	University of Toronto	Professor of AccountingUniversity of Toronto	$326,986Benefits $434Total $327,420	$434	$327,420
2015	University of Toronto	Professor Of AccountingUniversity of Toronto	$254,060Benefits $472Total $254,532	$472	$254,532
2014	University of Toronto	Professor of AccountingUniversity of Toronto	$245,345Benefits $510Total $245,854	$510	$245,854
2013	University of Toronto	Professor of AccountingUniversity of Toronto	$252,510Benefits $510Total $253,020	$510	$253,020
2011	University of Toronto	Professor of AccountingUniversity of Toronto	$241,067Benefits $510Total $241,576	$510	$241,576
2010	University of Toronto	Professor of AccountingUniversity of Toronto	$232,796Benefits $491Total $233,288	$491	$233,288
2009	University of Toronto	Professor of AccountingUniversity of Toronto	$226,389Benefits $472Total $226,861	$472	$226,861
2008	University of Toronto	Professor, AccountingUniversity of Toronto	$112,500Benefits $236Total $112,736	$236	$112,736

Take-Home Pay
(After Tax) · 2025 estimate

In 2025, Wei-Yi (Scott) Liao's $573,981 salary works out to roughly $306,688 after income tax, CPP and EI — an all-in deduction rate of about 46.6%. Within University of Toronto, Wei-Yi (Scott) Liao's total compensation of $576,190 was the #8 of 7,392, against a median salary of $147,726. That is about 12% more than the $512,896 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: ~$306,688
Effective income-tax rate (excl. CPP/EI): ~45.6%
CPP + EI contributions: ~$5,507
All-in deduction rate (incl. CPP/EI): ~46.6%
vs. 2025 Professor of Accounting median: +33%

Where does $573,981 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

Also at University of Toronto, 2025
#	Name	Position	Salary	Total
1	Alan Aspuru-Guzik	Professor of Chemistry and Computer Science	$649,993	$684,041
2	Brian Golden	Professor of Strategic Management	$616,607	$616,858
3	Mikhail Simutin	Associate Professor of Finance	$593,667	$603,115
4	David Goldreich	Professor of Finance	$601,972	$602,270
5	Theodore Brown	Professor, Obstetrics and Gynaecology	$598,159	$598,224
6	William Strange	Professor of Economic Analysis and Policy	$596,033	$596,242
7	Meric Gertler	Professor of Geography and Planning	$555,450	$588,914
9	Dilip Soman	Professor of Marketing	$575,404	$575,529
10	Partha Sarat Mohanram	Professor of Accounting	$573,196	$573,321
11	Glen Whyte	Professor of Organizational Behaviour and Human Resource Management	$572,792	$572,918