Last year 1,892 U of T employees earned more than $100,000 or more. In fact, about half this number made up to $139,000.
Each year the Ontario Government’s Ministry of Finance is required to compile and publish a list regarding any public sector employees who earned a salary of $100,000 or more.
Entitled the Public Sector Salary Disclosure, the document provides information on employees of local governments, energy companies (like Hydro One), school boards, hospitals, ministries, legislative offices and non-governmental agencies given extensive funding from the province. The goal of the document seeks to provide clearer details to the public on the allocation and spending of taxpayer funds.
Since the Public Disclosure Act was passed in 1996, Ontario universities and colleges have also been required to participate in this list. U of T’s inclusion offers up some interesting facts about the top-paid employees at Canada’s largest university:
• The list reveals the highest paid lecturer at U of T is currently Syed Ahmed of the management department, earning $203,514 in 2006. The highest earning librarian at U of T is Carole Moore, with a paid salary of $210,613.
• The chart above is compiled of the top 15 earners among the staff and faculty at U of T from 2006. These employees have the distinction of being the only U of T salaries to reach or succeed $300,000. Combined, the total amount of these earnings is $5,314,559.
In contrast to President David Naylor’s 2006 earnings (of $374,200) Last year McMaster University President and Vice-Chancellor Peter George raked in $422,945.04. In the first year of this document’s release, in 1996, then-U of T president Robert Prichard pocketed $200,538.
Who they are and what they make:
Felix Chee, CEO and UTM president: $539,654
John Lyon, Managing director, investment strategy: $408,741
Vivek Goel, Vice-president and provost: $374,767
David Naylor, U of T president: $374,220
Roger Martin, Dean, Rotman School: $357,875
Catharine Whiteside, Dean, medicine: $351,000
Aled Edwards, CEO Structural Genomics Consortium: $339,999
Glen Whyte, Organizational behaviour prof.: $336,598
Dilip Soman, Marketing prof.: $328,501
Thomas McCurdy, Finance prof.: $325,673
John Hull, Finance prof.: $320,278
Peter Pauly, Vice-dean, research & academic resources: $320,078
Joel Baum, Strategic management prof.: $316,565
John Challis, Vice-president research: $313,066
Brian Golden, Strategic management prof.: $307,540
-Karen Ho