REMUNERATION TRIBUNAL

Determination 2011/11:
Principal Executive Office (PEO) Classification Structure and Terms and Conditions

(i)
 

Pursuant to subsections 5(2A), 7(3D) and 7(4) of the Remuneration Tribunal Act 1973, the Remuneration Tribunal has inquired into the classification structure for Principal Executive Offices.

(ii)

This Determination takes effect on and from 1 July 2011.

 

PRINCIPAL EXECUTIVE OFFICE CLASSIFICATION STRUCTURE

1


2

In this Determination, Determination 2005/19 (as amended) is referred to as the Principal Determination.

The Principal Determination is amended by omitting Table A1 titled “Principal Executive Office Classification Structure and Remuneration Ranges with effect from 1 August 2010  and replacing it with the following table and related footnotes:


Table A1 – Principal Executive Office Classification Structure and Remuneration   Ranges with effect from 1 July 2011

PRINCIPAL EXECUTIVE OFFICE CLASSIFICATION STRUCTURE

 

Superannuation Salary

Band Range[a]

Total Remuneration

Band Range[b]

PEO BAND A

 up to $165,800

up to $227,140

Reference salary A[c]

$146,380

 

PEO BAND B

$121,490 - $225,030

$165,670 - $308,240

Reference salary B

$173,020

 

PEO BAND C

$160,150 - $319,490

$220,890 - $437,650

Reference salary C

 

$235,080

 

PEO BAND D

$226,410 - $414,180

$309,240 - $567,340

Reference salary D

$333,720

 

PEO BAND E

from $353,420

From $436,250

 

 

 

 

Signed this 20th day of June 2011.

 

 

 

 

 

 

 

 


[a] The Superannuation Salary for a PEO is determined by the Employing Body in accordance with clause 2.7.
 

[b] The Total Remuneration range for each Band is normally adjusted from 1 July each year.

 

[c] This salary is identified as the reference salary for the purposes of clause 1(4)(b) of Schedule 3 to the Remuneration and Allowances Act 1990.