On 16 May 2017, the Secretary of the Department of the Prime Minister and Cabinet wrote to portfolio agency heads, including the Auditor-General, requesting some additional information on senior executive remuneration and highly paid individuals be published on websites by 31 July 2017. The request acknowledges that there is an increasing level of interest from the Parliament and the public to provide greater transparency of remuneration of senior executives and other highly paid officials.

The two tables below outline the cash remuneration at an aggregate level, within dollar ranges (or bands) for substantive senior executives and highly paid individuals, and show the numbers of employees within each band. The two tables will also be published in our audited financial statements which form part of our annual report. These notes are in addition to the information we must report in our financial statements on key management personnel remuneration under the accounting standards.

Cash remuneration paid to senior executives during the reporting period

Total cash remuneration 2017

Executives

Average Reportable Salary

Average Contributed superannuation

Average Allowances

Average Bonus Paid

Average Total Remuneration

 

No.

$

$

$

$

$

$200,000 and less

14

88,617

13,875

95

1,005

103,592

$200,001 to $225,000

3

184,515

29,839

-

2,013

216,367

$225,001 to $250,000

4

198,936

32,253

-

5,470

236,659

$250,001 to $275,000

3

217,062

34,663

-

11,832

263,557

$275,001 to $325,000

6

247,970

35,714

82

8,142

291,908

$425,001 to $475,000

3

410,572

40,240

-

5,707

456,519

$675,001 to 725,000

1

627,016

88,116

-

-

715,132

Total number of executives

34

 

             

Total cash remuneration 2016

Executives

Average Reportable Salary

Average Contributed superannuation

Average Allowances

Average Bonus Paid

Average Total Remuneration

 

No.

$

$

$

$

$

$200,000 and less

7

110,205

20,761

-

1,171

132,137

$200,001 to $225,000

2

187,161

31,635

-

-

218,796

$225,001 to $250,000

8

195,833

32,741

-

950

229,524

$250,001 to $275,000

7

217,730

34,941

179

8,446

261,296

$275,001 to $325,000

3

244,662

40,583

-

5,063

290,308

$325,001 to $375,000

2

315,654

37,510

-

6,420

359,584

$400,001 to $450,000

2

361,674

62,649

-

-

424,323

$650,001 to $700,000

1

587,343

91,222

-

-

678,565

Total number of executives

32

 

             

Notes

1. This table is prepared on a cash basis. In 2017, there were 26 fortnightly pays (2016: 27).

2. 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.

3. ‘Reportable salary’ includes the following, as reported in an individual’s payment summary:

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.

4. The ‘contributed superannuation’ amount is the average cost to the ANAO for the provision of superannuation benefits to substantive senior executives in that reportable remuneration band during the reporting period.

5. ‘Reportable allowances’ are the average actual allowances paid as per the ‘total allowances’ line on individuals’ payment summaries. Reportable allowances excludes any allowances already reported in the gross payments line in the payment summary.

6. ‘Bonus paid’ represents average actual bonuses paid during the reporting period in that reportable remuneration band. The ‘bonus paid’ within a particular band may vary between financial years due to various factors such as individuals commencing with or leaving the ANAO during the financial year.

Cash remuneration paid to highly paid staff during the reporting period

Total cash remuneration 2017

Highly Paid Staff

Average Reportable Salary

Average Contributed superannuation

Average Allowances

Average Bonus Paid

Average Total Remuneration

 

No.

$

$

$

$

$

 

2

263,500

25,963

-

-

289,463

Total number of highly paid staff

2

 

             

Total cash remuneration 2016

Highly Paid Staff

Average Reportable Salary

Average Contributed superannuation

Average Allowances

Average Bonus Paid

Average Total Remuneration

 

No.

$

$

$

$

$

 

1

185,381

19,476

-

-

204,857

Total number of highly paid staff

1

 

             

Notes

1. This table reports staff:

a) who were employed by the ANAO during the reporting period;

b) whose reportable remuneration was $200,000 or more for the reporting period; and

c) were not required to be disclosed in Note 2.3.

Each row is an averaged figure based on headcount for individuals in the band. This table is prepared on a cash basis.

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 ANAO for the provision of superannuation benefits to other highly paid staff in that reportable remuneration band during the reporting period.

4. ‘Reportable allowances’ are the average actual allowances paid as per the ‘total allowances’ line on individuals’ payment summaries.

5. ‘Bonus paid’ represents average actual bonuses paid during the reporting period in that reportable remuneration band. The ‘bonus paid’ within a particular band may vary between financial years due to various factors such as individuals commencing with or leaving the ANAO during the financial year.