Note 11: Senior Executive Remuneration

 

Note 11A: Senior Executive Remuneration Expense for the Reporting Period ¹
	2011 $	2010 $
Short-term employee benefits:
Salary	14,671,118	14,421,043
Annual leave accrued	212,078	35,513
Performance bonuses2	311,862	338,718
Motor vehicles	1,604,636	1,443,376
Other allowances	1,142,277	1,149,658
Total short-term employee benefits	17,941,971	17,388,308
Post-employment benefits:
Superannuation	3,423,193	3,085,688
Total post-employment benefits	3,423,193	3,085,688
Other long-term benefits:
Long-service leave	510,915	115,477
Total other long-term benefits	510,915	115,477
Termination benefits	262,922	270,686
Total	22,139,001	20,860,159

Notes:

1. Note 11A excludes acting arrangements and part-year service where remuneration expensed for a senior executive was less than $150,000.

2. Note 11A was prepared on an accrual basis (so the performance bonus expenses disclosed above differ from the cash 'Bonus paid' in Note 11B).

Note 11B: Average Annual Remuneration Packages and Bonus Paid for Substantive Senior Executives as at the end of the Reporting Period
	as at 30 June 2011										as at 30 June 2010
		Fixed elements							Bonus paid2				Fixed elements						Bonus paid2
Fixed Elements and Bonus Paid1	Senior Executives		Salary		Allowances		Total				Senior Executives		Salary		Allowances		Total
	No.		$		$		$		$		No.		$		$		$		$
Total remuneration (including part-time arrangements):
less than $150,000	2		111,603		23,768		135,371		3,272		1		115,423		22,856		138,279		2,308
$150,000 to $179,999	57		153,582		23,768		177,350		3,355		57		148,628		22,856		171,484		6,815
$180,000 to $209,999	-		-		-		-		-		18		182,167		22,856		205,023		12,957
$210,000 to $239,999	22		189,732		22,688		212,419		3,178		1		211,398		-		211,398		-
$240,000 to $269,999	4		232,731		26,056		258,787		4,040		3		226,173		25,088		251,261		24,798
$270,000 to $299,999	-		-		-		-		-		-		-		-		-		-
$390,000 to $419,999	-		-		-		-		-		1		376,640		36,147		412,787		-
$420,000 to $449,999	1		392,080		37,640		429,720		-		-		-		-		-		-
Total	86	3									81	3

Notes:

1. This table reports substantive senior executives who were employed by the entity at the end of the reporting period. Fixed elements were based on the employment agreement of each individual. Each row represents an average annualised figure (based on headcount) for the individuals in that remuneration package band (i.e. the 'Total' column).  

2. This represents average actual bonuses paid during the reporting period in that remuneration package band. The 'Bonus paid' was excluded from the 'Total' calculation, (for the purpose of determining remuneration package bands). The 'Bonus paid' within a particular band may vary between financial years due to various factors such as individuals commencing with or leaving the entity during the financial year. For further details, refer to the Variable Elements disclosure below.

3. The Total number of SES reported in Note 11B will vary year to year as a result of SES vacancies. This does not equate to a change in the number of SES positions in the Department.

Variable Elements:

With the exception of bonuses, variable elements were not included in the 'Fixed Elements and Bonus Paid' table above. The following variable elements were available as part of senior executives' remuneration package:

(a) Bonuses: 

• Bonuses were based on the performance rating of each individual. The maximum bonus that an individual could receive was 2 per cent (2010: 2 per cent, 2009: 12 per cent) of his/her base salary.
• Average performance bonuses disclosed in Note 11B for 2010 include bonuses paid to staff for two performance cycles (2008-09 and 2009-10).

(b) On average senior executives were entitled to the following leave entitlements:

• Annual Leave (AL): entitled to 22 days (2010: 22 days) each full year worked (pro-rata for part-time SES);
• Personal Leave (PL): entitled to 20 days (2010: 20 days) or part-time equivalent; and
• Long Service Leave (LSL): in accordance with Long Service Leave (Commonwealth Employees) Act 1976.

(c) Senior executives were members of one of the following superannuation funds:

• Australian Government Employee Superannuation Trust (AGEST): this fund is for senior executives who were employed for a defined period. Employer contributions were set at 9 per cent (2010: 9 per cent). More information on AGEST can be found at http://www.agest.com.au;
• Commonwealth Superannuation Scheme (CSS): this scheme is closed to new members, and employer contributions averaged 28.3 per cent (2010: 24 per cent) (including productivity component). More information on CSS can be found at http://www.css.gov.au;
• Public Sector Superannuation Scheme (PSS): this scheme is closed to new members, current employer contributions were set at 15.4 per cent (2010: 15.4 per cent) (including productivity component). More information on PSS can be found at http://www.pss.gov.au;
• Public Sector Superannuation Accumulation Plan (PSSap): employer contributions were set at 15.4 percent (2010: 15.4 per cent), and the fund has been in operation since July 2005. More information on PSSap can be found at http://www.pssap.gov.au; and
• Other: there were some senior executives who had their own superannuation arrangements (e.g. self-managed superannuation funds). Their employer contributions were set at 15.4 per cent (2010: 15.4 per cent).

d) Senior Executives are entitled to a number of other entitlements including;

• Language Proficiency Allowance; First Aid Allowance; Restriction Allowance; Higher Duties Allowance and Out-of-Hours Parliamentary, Media, Protocol and Consular Duties Allowance.

Note 11C: Other Highly Paid Staff

During the reporting period, there were 5 employees (2010: 7) whose salary plus performance bonus were $150,000 or more. These employees did not have a role as senior executive and were therefore not disclosed as senior executives in Note 11A and Note 11B.