Yao Luo

University of Toronto/Associate Professor of Economics

2025 Salary

$288,448

Total compensation $292,766, including $4,317 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

#504

University of Toronto

Years on List

2014–2025

Peak Salary

$288,448

2025

Full 2025 roster at University of Toronto →·See where $288,448 ranks →

Total Compensation History

Total compensation, 2014–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2014–2025

$121,537 in 2014 is worth about $159,396 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2025	University Of Toronto	Associate Professor of EconomicsUniversity Of Toronto	$288,448Benefits $4,317Total $292,766	$4,317	$292,766
2024	University Of Toronto	Associate Professor of EconomicsUniversity Of Toronto	$258,091Benefits $3,798Total $261,889	$3,798	$261,889
2023	University Of Toronto	Associate Professor of EconomicsUniversity Of Toronto	$224,707Benefits $2,931Total $227,637	$2,931	$227,637
2022	University Of Toronto	Associate Professor of EconomicsUniversity Of Toronto	$185,048Benefits $3,697Total $188,745	$3,697	$188,745
2021	University Of Toronto	Associate Professor of EconomicsUniversity Of Toronto	$169,528Benefits $4,010Total $173,538	$4,010	$173,538
2020	University Of Toronto	Associate Professor of EconomicsUniversity Of Toronto	$157,192Benefits $2,623Total $159,815	$2,623	$159,815
2019	University Of Toronto	Professor of EconomicsUniversity Of Toronto	$160,275Benefits $1,500Total $161,776	$1,500	$161,776
2018	University of Toronto	Professor of EconomicsUniversity of Toronto	$144,060Benefits $201Total $144,261	$201	$144,261
2017	University of Toronto	Professor of EconomicsUniversity of Toronto	$142,175Benefits $224Total $142,399	$224	$142,399
2016	University of Toronto	Professor of EconomicsUniversity of Toronto	$138,115Benefits $264Total $138,379	$264	$138,379
2015	University of Toronto	Professor Of EconomicsUniversity of Toronto	$124,583Benefits $281Total $124,864	$281	$124,864
2014	University of Toronto	Professor of EconomicsUniversity of Toronto	$121,537Benefits $298Total $121,835	$298	$121,835

Take-Home Pay
(After Tax) · 2025 estimate

Of the $288,448 Yao Luo earned in 2025, roughly $173,998 would remain after income tax, CPP and EI, an all-in deduction rate of about 39.7%. Within University of Toronto, Yao Luo's total compensation of $292,766 was the #504 of 7,392, against a median salary of $147,726. Yao Luo has appeared on the list 12 times since 2014. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay: ~$173,998
Effective income-tax rate (excl. CPP/EI): ~37.8%
CPP + EI contributions: ~$5,507
All-in deduction rate (incl. CPP/EI): ~39.7%
vs. 2025 Associate Professor of Economics median: +4%

Where does $288,448 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
8	Wei-Yi (Scott) Liao	Professor of Accounting	$573,981	$576,190
9	Dilip Soman	Professor of Marketing	$575,404	$575,529
10	Partha Sarat Mohanram	Professor of Accounting	$573,196	$573,321