We report on what we pay our executives and other highly-paid staff. This provides greater transparency to the public.
Access to data
We report on executive and highly paid staff remuneration through our Annual report.
Key requirements and definitions
We prepare the 'reportable salary' column on a cash basis. We use reportable salary as defined as the sum of:
- gross payments (excluding bonuses)
- reportable fringe benefits (net amount)
- reportable employer superannuation contributions
- exempt foreign employment income
This is as reported in an individual's payment summary.
We prepare the 'contributed superannuation' column on a cash basis. We use contributed superannuation as defined as:
- 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 payslip.
- 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.
We prepare the 'reportable allowances' column on a cash basis. We use 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.
We prepare the 'bonus paid' column on a cash basis. We use bonus paid as equal to the actual bonus paid to individuals during the reporting period and as a component of gross payments reported on the payment summary.