REMUNERATION TRIBUNAL
Determination 2008/10:
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 2008.
PRINCIPAL EXECUTIVE OFFICE CLASSIFICATION STRUCTURE
1
2
In this Determination, Determination 2005/19 (as amended) – Principal Executive Office – Classification Structure and Terms and Conditions 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 July 2007” 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 2008
PRINCIPAL EXECUTIVE OFFICE CLASSIFICATION STRUCTURE
Superannuation Salary
Band Range[7]
Total Remuneration
Band Range[8]
PEO BAND A
up to $150,120
up to $205,660
Reference salary A[9]
$132,530
PEO BAND B
$110,000 - $203,740
$150,000 - $279,090
Reference salary B
$156,660
PEO BAND C
$145,000 - $289,280
$200,000 - $396,270
Reference salary C
$212,850
PEO BAND D
$205,000 - $375,010
$280,000 - $513,690
Reference salary D
$302,160
PEO BAND E
from $320,000
From $395,000
Determined this 5th day of June 2008
Signed Signed Signed
John C Conde AO Janet E Grieve John D C Allen
PRESIDENT MEMBER MEMBER
[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.
