Performance Management
Does Finance have a Performance Management system?
Yes.
Finance staff engaged before 14 January 2008 are generally covered by the Performance Management Framework. Staff engaged after 14 January 2008 may elect to be covered by the Performance Management Framework or the Performance Management System as set out in the 1997-1999 Finance Certified Agreement.
Performance Management Framework
The Performance Management Framework is premised on the Finance Valued Behaviours and work level standards. The linkage between these and the performance rating scales are explicit, providing objective measurements. Performance management is measured through a mid cycle review in December and an end of assessment in June each year.
Finance staff covered by the Performance Management Framework are eligible to receive a potential maximum performance bonus of up to:
5% - APS 1-6;
7.5% - EL 1-2; and
10% - SES.
Salary levels are those as set out in the 2007 Remuneration Review. To receive a performance bonus staff must enter into a performance agreement with their manager and the actual bonus amount paid is based on the result of the rating provided at the end of year assessment.
Performance Management System
Staff who elect to be covered by the Performance Management System as set out in the 1997-1999 Finance Certified Agreement, are eligible to receive a potential maximum performance bonus paid on a straight-line scale between fixed points of 2% and 15% of salary (salary levels are based on those set out in the 1997-1999 Finance CA). The actual bonus payable is based on the outcome of the annual performance review in line with the Finance CA.
The maximum performance bonus payment is provided to all new staff is outlined in their letter of offer.
Contact for information on this page: Recruitment and Retention Team