2018 Sunshine List: Mars Innovation top earners

Every year Ontario government publishes its annual Sunshine List of public sector servants, which includes nurses, teachers, police officers, and firefighters, with six-figure salaries. In Mars Innovation, 9 staffers made the list this year, earning a total salary of $1,883,130.38 in 2017.

At the top of the Sunshine List

Topping the list for Mars Innovation was President and Chief Executive Officer Raphael Hofstein who brought home $537,685.00 in 2017.

Following Raphael Hofstein was Vice-President, Life Sciences Parimal Nathwani, who had annual earnings of $264,952.00. Senior Director, Corporate Development Judith Blumstock made $176,241.84, Director, Technology and Venture Development Dominic Jaikaran made $172,340.84 and Director, Technology and Venture Development Fazila Seker round out the top-five highest-paid employees with $171,996.84 for the Mars Innovation 2018 Sunshine List.

Breaking down the numbers

Among the 9 Mars Innovation's employees, who received more than six-figure salaries 1 received earnings between $100,000 and $110,000 followed by 1 who received between $110,001 and $150,000 , 5 received between $150,001 and $200,000 , 1 received between $250,001 and $300,000 , 1 received over $300,000 at Mars Innovation.

For a complete list of public sector employees who made the 2018 Sunshine List, go to Sunshine List 2018 Employees List. If you wish to analyse the list by employer go to Sunshine List 2018 Employers List.

Complete list of employees in Mars Innovation who made the 2018 Sunshine List


Total result: 9

Page 1 of 1 - Total result: 9

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The Sunshine List

The Public Sector Salary Disclosure Act, makes Ontario's public sector more open and accountable to taxpayers. The act requires organizations that receive public funding from the Province of Ontario to make public, by March 31 each year, the names, positions, salaries and total taxable benefits of employees paid $100,000 or more in the previous calendar year.

In Ontario the Sunshine List was first published in 1996, by the Progressive Conservative government of Mike Harris. Just 4,576 names appeared on the first list.

A lot has been debated about the $100,000 threshold of the Sunshine List. If the list was adjusted for inflation since 1996, the real benchmark salary would now be around $151,929.

Those in favor of the current benchmark argue that $100,000 still a lot of money. The average weekly wages for workers in Ontario is $974, which amounts to $50,600 per year. That includes overtime pay, and assumes no weeks off. This is half of the Sunshine List threshold.

Data

All information presented in this website is based exclusively off the publicly released sunshine lsit available for download by the Government of each province: Ontario | British Columbia | Alberta