Executive Remuneration

Executive Remuneration Reporting 2017-18

Page last updated: 03 August 2018

Remuneration information for executives and other highly paid officials is published in accordance with the Executive Remuneration Reporting Guidelines issued by the Department of Prime Minister and Cabinet.

The information is presented in two tables:

Notes are included below each table.

Table A: Average annual reportable remuneration paid to substantive executives during the reporting period

Remuneration paid to executives during the reporting period
Total remunerationExecutives
No.
Average Reportable Salary1
$
Average Contributed superannuation
$
Average Allowances
$
Average bonus paid
$
Average Total remuneration3
$
$200000 and less
41
95,466
14,439
-
-
109,905
$200001 to $250000
55
201,189
30,896
5
-
232,090
$250001 to $300000
46
237,146
37,505
23
-
274,674
$300001 to $350000
18
281,118
42,589
15
-
323,723
$350001 to $400000
4
336,269
38,788
0
-
375,057
$400001 to $450000
4
377,112
61,808
-
-
438,920
$450001 to $500000
2
405,568
67,814
-
-
473,382
$500001 to $550000
1
435,922
78,656
-
-
514,577
$600001 to $650000
1
556,983
77,759
-
-
634,741
Total number of executives 2
172

Notes
1 Excludes payments made on termination, including employee entitlements and separations.
2 Any employee who held a substantive SES or equivalent position during 2017-18 is represented as one (1).
3 The table includes the part year impact of senior executives who either commenced or separated during the year.

Table B: Other highly paid staff

Remuneration paid to highly paid staff during the reporting period
Total remuneration
Executives
No.
Average Reportable Salary1
$
Average Contributed superannuation
$
Average Allowances
$
Average bonus paid
$
Average Total remuneration
$
$200001 to $250000
22
181,558
30,865
45
-
212,468
$250001 to $300000
1
208,402
50,797
-
-
259,199
$300001 to $350000
1
260,093
40,040
-
-
300,133
Total number of highly paid staff 2
24

Notes
1 Excludes payments made on termination, including employee entitlements and separations.
2 Also includes employees who have been provided with higher duties in 2017-18.

Executive Remuneration for the reporting period 2016-17.

Key requirements/definitions

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

  • gross payments (excluding bonuses);
  • reportable fringe benefits (net amount);
  • reportable employer superannuation;
  • contributions; and
  • 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 (e.g., PSSap), “Contributed superannuation” should include the defined contribution amounts. This amount is typically located on the individual’s payslips; or
  • For individuals that are in a defined benefit scheme (e.g., 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.