Final Annual Report - Health Workforce Australia

Note 13: Senior Executive Remuneration

Notes to and forming part of the financial statements for the year ended 30 June 2014

Page last updated: 18 May 2015

For the purposes of this note, HWA has defined senior executives as the Chief Executice Officer and those senior employees who report directly to the Chief Executive Officer. These employees are the only employees considered to have the capacity and responsibility for decision making that can have a significant and direct impact on the strategic direction and financial performance of HWA.

Note 13A: Senior Executive Remuneration Expenses for the Reporting Period.
  2014 2013
  $ $
Short-term employee benefits:
Salary 1,424,330 1,642,336
Allowances  - 40,454
Total short-term employee benefits 1,424,330 1,682,790
Post-employment benefits:  
Superannuation 191,145 184,806
Total post-employment benefits 191,145 184,806
Other long-term benefits:  
Long-service leave 56,685 87,087
Annual leave accrued 46,650 (14,619)
Total other long-term benefits 103,335 72,468
Termination benefits 626,528 -
Total employment benefits 2,345,338 1,940,064
Notes:
  1. Note 13A is prepared on an accrual basis.
  2. Note 13A excludes acting arrangements and part-year service where total remuneration expensed for a senior executive was less than $195,000.

Notes to and forming part of the financial statements

for the year ended 30 June 2014

Note 13B: Average Annual Reportable Remuneration Paid to Substantive Senior Executives During the Reporting Period
   2014
Average annual reportable remuneration╣ Substantive senior executives Reportable salary▓ Contributed superannuation│ Total reportable remuneration
  No. $ $ $
Total remuneration (including part-time arrangements):  
$225,000 to $254,999 1 227,764 21,068 248,832
$285,000 to $314,999 2 267,199 36,409 303,608
$345,000 to $374,999 1 322,917 29,870 352,787
$405,000 to $434,999 1 344,985 67,390 412,375
Total 5      
   2013
Average annual reportable remuneration╣ Substantive senior executives Reportable salary▓ Contributed superannuation│ Total reportable remuneration
  No. $ $ $
Total remuneration (including part-time arrangements):  
$195,000 to $224,999 1 183,323 23,032 206,355
$225,000 to $244,999 1 209,547 18,859 228,406
$285,000 to $314,999 3 266,297 32,177 298,474
$315,000 to $344,999 1 315,300 28,377 343,677
$375,000 to $404,999 1 344,920 41,565 386,485
Total 7      

Notes to and forming part of the financial statements

for the year ended 30 June 2014

Note 13B: Average Annual Reportable Remuneration Paid to Substantive Senior Executives During the Reporting Period

Notes

1. This table reports substantive senior executives who received remuneration during the reporting period. Each row is an averaged figure based on headcount for individuals in the band. 2. 'Reportable salary' includes the following: a) gross payments (less any bonuses paid, which are separated out and disclosed in the 'bonus paid' column); b) reportable fringe benefits (at the net amount prior to 'grossing up' for tax purposes); c) reportable employer superannuation contributions; and d) exempt foreign employment income. 3. The 'contributed superannuation' amount is the average cost to the entity for the provision of superannuation benefits to substantive senior executives in that reportable remuneration band during the reporting period. 4.There were no reportable allowances or bonuses paid during the financial year.

Notes to and forming part of the financial statements

for the year ended 30 June 2014

Note 13C: Other Highly Paid Staff
   2014
Average annual reportable remuneration╣ Other highly paid staff Reportable salary▓ Contributed superannuation│ Total reportable remuneration
  No. $ $ $
Total remuneration (including part-time arrangements):  
$195,000 to $224,999 1 187,850 17,376 205,226
$225,000 to $254,999 1 224,595 20,775 245,370
Total 2  
   2013
Average annual reportable remuneration╣ Other highly paid staff Reportable salary▓ Contributed superannuation│ Total reportable remuneration
  No. $ $ $
Total remuneration (including part-time arrangements):  
$255,000 to $284,999 1 240,056 21,605 261,661
$285,000 to $314,999 1 272,239 24,502 296,741
Total 2  

Notes


1. This table reports staff:
a) who were employed by the entity during the reporting period;
b) whose reportable remuneration was $195,000 or more for the financial period; and
c) were not required to be disclosed in Tables A, B or director disclosures.
Each row is an averaged figure based on headcount for individuals in the band.
2. 'Reportable salary' includes the following:
a) gross payments (less any bonuses paid, which are separated out and disclosed in the 'bonus paid' column);
b) reportable fringe benefits (at the net amount prior to 'grossing up' for tax purposes);
c) reportable employer superannuation contributions; and
d) exempt foreign employment income.
3. The 'contributed superannuation' amount is the average cost to the entity for the provision of superannuation benefits to other highly paid staff in that reportable remuneration band during the reporting period.
4.There were no reportable allowances or bonuses paid during the financial year.