Remuneration of Senior Executive and other highly paid employees

Remuneration of Senior Executive and other highly paid employees

2018–19 financial year

Senior Executive

Total remuneration

Executives no.

Average reportable salary

$

Average contributed superannuation

$

Average allowances

$

Average bonus paid

$

Average total remuneration

$

$200 000 and less

0

N/A

N/A

N/A

N/A

N/A

$200 001 to $250 000

5

217 391

34 918

N/A

N/A

252 309

$250 001 to $300 000

0

N/A

N/A

N/A

N/A

N/A

$300 001 to $350 000

1

344 345

53 245

14 040

N/A

411 630

$350 001 to $400 000

N/A

N/A

N/A

N/A

N/A

N/A

Total number of executives

6

?

?

?

?

?

Other highly paid employees

Total?remuneration

Highly paid?staff no.

Average reportable salary

$

Average contributed

superannuation

$

Average? allowances

$

Average?bonus paid

$

Average total remuneration

$

$200 000 and less

4

170 750

21 873

N/A

N/A

192 623

$200 001 to $250 000

N/A

N/A

N/A

N/A

N/A

N/A

Total number of highly paid staff

4

?

?

?

?

?

Key requirements/definitions

The 'reportable salary' column is prepared on a cash basis using reportable salary as defined as the sum of:

  1. gross payments (excluding bonuses)
  2. reportable fringe benefits (net amount)
  3. reportable employer superannuation contributions
  4. exempt foreign employment income

as reported in an individual's payment summary.

The 'contributed superannuation' column is prepared on a cash basis using contributed superannuation as defined as follows:

  • for individuals that are in a defined contribution scheme (eg, PSSap), ‘Contributed superannuation’ should include the defined contribution amounts. This amount is typically located on the individual's payslip

or

  • for individuals that are in a defined benefit scheme (eg PSS and CSS), 'Contributed superannuation' should include the Notional Employer ?Contribution Rate (NECR) amount, Employer Productivity Superannuation Contribution (also known as the Productivity Component) and any Additional Lump Sum Contribution paid during the financial reporting period.

The 'reportable allowances' column is prepared on a cash basis using reportable allowances as is equal to the 'total allowances' figure as reported in an individual's payment summary. Reportable allowances excludes any allowances already reported in the gross payments line in the payment summary.

The 'bonus paid' column is prepared on a cash basis using bonus paid as is equal to the actual bonus paid to individuals during the reporting period and is a component of gross payments reported on the payment summary.

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