Comcare - Australian Government
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Note 13: Senior Executive Remuneration

13A Senior Executive Remuneration Expense for the Reporting Period

  2011
$
2010
$
Short-term employee benefits

Salary

1,279,926 1,051,138

Annual leave accrued

98,456 80,857

Motor vehicle and other allowances

289,065 290,210
Total Short-term employee benefits 1,667,447 1,422,205
Superannuation (post-employment benefits) 121,503 184,597
Other long-term benefits 31,998 25,990
Termination benefits 299,274 -
Total 2,120,222 1,632,792

Notes:

  1. Note 13A was prepared on an accrual basis.
  2. Note 13A excludes acting arrangements and part-year service where remuneration expensed was less than $150,000.

13B Average Remuneration Packages for Substantive Senior Executives as at the end of the Reporting Period

  as at 30 June 2011   as at 30 June 2010
  Fixed elements Senior Executives No. Salary$ Allowances$ Total$ Senior Executives No. Salary$ Allowances$ Total$
Total remuneration (including part-time arrangements):  
  $150,000 to $179,999 - - - - 5 155,000 22,000 177,000
$180,000 to $209,999 5 171,323 25,000 196,323 1 175,000 22,000 197,000
$210,000 to $239,999 2 174,323 41,331 215,654 - - - -
$240,000 to $269,999 - - - - - - - -
$270,000 to $299,999 1 220,570 61,729 282,299 1 211,883 59,298 271,181
Total   8   7      

Notes

  1. This table reports on substantive senior executives who were employed by Comcare as at the end of the reporting period. Fixed elements are 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. No performance bonuses are payable to senior executives.

Variable Elements:

Variable elements were not included in the ‘Fixed Elements’ table above. The following variable elements were available as part of senior executives’ remuneration package:

  1. On average senior executives were entitled to the following leave entitlements:
    • Annual Leave (AL): entitled to 20 days (2010: 20 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.
  2. Senior executives were members of one of the following superannuation funds:
    • Commonwealth Superannuation Scheme (CSS): this scheme is closed to new members, and employer contributions were averaged 23.8 per cent (2010: 23.4 per cent) (including productivity component). More information on CSS can be found at http://.css.gov.au;
    • Public Sector Superannuation Scheme (PSS): this scheme is closed to new members, with current employer contributions were set at 16.8 per cent (2010: 16.4 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 between 9 and 15.4 per cent (2010: 9 to 15.4 per cent).
  3. Various salary sacrifice arrangements were available to senior executives including superannuation, motor vehicle and expense payment fringe benefits.

13C Other Highly Paid Staff

During the reporting period, there were no non-SES or non-director employee (2010: nil) whose salary plus performance bonus was $150,000 or more. This was calculated by reference to the gross payments line of the payment summary.