The Ontario Sunshine List - Public Sector Salary Disclosure
The names, positions, salaries and total taxable benefits of public sector employees paid $100,000 or more in a calendar year.
Varouj Aivazian
Varouj Aivazian served as the Professor, Department of Economics at University of Toronto in 2023, received an annual salary of $459,543.06 and a taxable benefit of $0.00, as indicated by the Government of Ontario's Sunshine list. Varouj has held the same position since 2020 has been receiving six-figure yearly compensation.
$459,543.06
Total paid in 2023
$459,543.06
Salary
$0.00
Taxable Benefit
 |
Male Very high confidence |
Find Varouj on LinkedIn| Job Title : | Professor, Department of Economics |
| Employer : | University of Toronto |
| Sector : | Universities |
| Year : | 2023 |
Comparing peers in identical roles within the organization | ||||
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$460K | ||||
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Comparison with other individuals in similar positions in Ontario | ||||
$460K | ||||
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| Bottom 90% | Below Average | Above Average | Top 10% |
Between 2001 and 2023, Varouj experienced an average annual increase of approximately 5.79% in annual salary, including taxable benefits at University of Toronto. By 2023, Varouj's total pay had risen by 214.70% compared to the pay in 2001. Notably, during Varouj's tenure as Professor, Department of Economics, there has been a significant 8.16% rise in compensation over the past 3 years. Additional information can be found in the chart and table presented below.
Yearly Total Paid
| Year | Job Title | Salary | Taxable Benefit | Raise |
|---|---|---|---|---|
| 2023 | Professor, Department of Economics | $459,543 | $0 | ⇧ 8.56% |
| 2022 | Professor, Department of Economics | $423,295 | $0 | ⇩ -0.67% |
| 2021 | Professor, Department of Economics | $426,130 | $0 | ⇧ 0.29% |
| 2020 | Professor, Department of Economics | $424,892 | $0 | ⇧ 1.07% |
| 2019 | Professor of Economics | $420,414 | $0 | ⇧ 10.11% |
| 2018 | Professor of Economics | $381,813 | $0 | ⇩ -13.47% |
| 2017 | Professor of Economics | $441,261 | $0 | ⇧ 4.92% |
| 2016 | Professor of Economics | $420,348 | $239 | ⇧ 2.24% |
| 2015 | Professor of Economics | $411,082 | $283 | ⇩ -13.30% |
| 2014 | Professor of Economics | $474,186 | $306 | ⇧ 17.34% |
| 2013 | Professor And Chair of Economics | $404,051 | $306 | ⇧ 10.69% |
| 2012 | Professor And Chair of Economics | $364,990 | $306 | ⇩ -3.70% |
| 2011 | Professor And Chair of Economics | $379,022 | $306 | ⇩ -6.69% |
| 2010 | Professor And Chair of Economics | $406,024 | $489 | ⇧ 23.15% |
| 2009 | Professor And Chair of Economics | $329,429 | $672 | ⇧ 10.47% |
| 2008 | Professor / Chair, Economics | $298,145 | $672 | ⇧ 17.43% |
| 2007 | Professor / Chair, Economics | $253,782 | $672 | ⇧ 7.43% |
| 2006 | Professor And Chair of Economics | $236,137 | $710 | ⇧ 19.08% |
| 2005 | Professor / Chair, Economics | $198,104 | $789 | ⇧ 1.48% |
| 2004 | Professor / Chair, Economics | $195,118 | $875 | ⇧ 6.57% |
| 2003 | Prof. And Chair, Economics | $183,202 | $708 | ⇧ 12.24% |
| 2002 | Professor And Assistant Chair of Economics | $163,161 | $687 | ⇧ 12.20% |
| 2001 | Professor And Assistant Chair, Economics | $145,367 | $658 |
The 2023 Sunshine List has 5 employees who held exactly same position title ( Professor, Department of Economics ) in the University of Toronto.
| Full Name | Salary | Taxable Benefit |
|---|---|---|
| Varouj Aivazian | $459,543 | $0 |
| Philip Oreopoulos | $339,890 | $129 |
| Xianwen Shi | $305,851 | $258 |
| Gueorgui Kambourov | $304,714 | $258 |
| Rahul Deb | $239,071 | $129 |
The 2023 Sunshine List has 22 employees who held comparable positions in Ontario.
10 out of 22 employees
| Full Name | Job Title | Employer | Total Paid |
|---|---|---|---|
| Varouj Aivazian | Professor, Department of Economics | University of Toronto | $459,543 |
| Philip Oreopoulos | Professor, Department of Economics | University of Toronto | $340,019 |
| Xianwen Shi | Professor, Department of Economics | University of Toronto | $306,109 |
| Gueorgui Kambourov | Professor, Department of Economics | University of Toronto | $304,972 |
| Margarida Duarte | Professor And Chair, Department of Economics | University of Toronto | $287,856 |
| Robert Mcmillan | Associate Professor, Department of Economics | University of Toronto | $286,784 |
| Ronald Wolthoff | Associate Professor, Department of Economics | University of Toronto | $260,354 |
| Rahul Deb | Professor, Department of Economics | University of Toronto | $239,200 |
| Ceren Baysan | Assistant Professor, Department of Economics | University of Toronto | $238,863 |
| Jiaying Gu | Associate Professor, Department of Economics | University of Toronto | $227,084 |