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.
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 [7]
Total Remuneration
Band Range[8]
PEO BAND A
up to $165,800
up to $227,140
Reference salary A[9]
$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.
Signed
John C Conde AO
PRESIDENT
John B Prescott AC
MEMBER
Jillian Segal AM
[7] The Superannuation Salary for a PEO is determined by the Employing Body in accordance with clause 2.7.
[8] The Total Remuneration range for each Band is normally adjusted from 1 July each year.
[9] 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.