Table below provides further guidance on how common remuneration items should be categorised in accordance with the 4 main categories and sub-categories identified in Schedule 3 of the PGPA Rule.
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Remuneration item |
Main category |
Sub-category |
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Salary paid and accrued (including any amounts salary sacrificed) |
Short-term benefits |
Base salary |
|
Salary paid while on annual leave |
Short-term benefits |
Base salary |
|
Salary paid while on sick leave |
Short-term benefits |
Base salary |
|
Higher duties allowance |
Short-term benefits |
Base salary |
|
Salary paid while on long service leave |
Other long-term benefits |
Long service leave |
|
Purchased annual leave |
Short-term benefits |
Base salary |
|
Bonus – payable within 12 months |
Short-term benefits |
Bonuses |
|
Annual leave provision movement (accrued annual leave less any leave paid during the year) |
Short-term benefits |
Base salary |
|
Education of children benefits |
Short-term benefits |
Other benefits and allowances |
|
Motor vehicle and car parking benefits |
Short-term benefits |
Other benefits and allowances |
|
Housing benefits and allowances |
Short-term benefits |
Other benefits and allowances |
|
Employer superannuation contributions, including productivity component |
Post-employment benefits |
Superannuation contributions |
|
Long service leave provision movement (accrued long service leave less leave paid during the year) |
Other long-term benefits |
Long service leave |
|
Bonus – deferred for more than 12 months |
Other long-term benefits
|
Other long-term benefits |
|
Annual leave paid on termination |
Annual leave paid out on termination is excluded from the total remuneration amount as the associated leave entitlement has previously been reported. |
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Long service leave on termination |
Long service leave paid out on termination is excluded in line with annual leave disclosures. Upon cessation of employment, including retirement, where the official has not fulfilled the vesting requirements of long service leave (have not completed the required service period) any leave accrued will be unwound in the current reporting period creating a negative leave expense that should be disclosed in the executive remuneration table. For example, an official terminates on 30 June after three years of service. The accrued leave value for the current year is $10,000 and the prior two years is $20,000. The entity would only disclose a negative $20,000 in the relevant executive remuneration table as a result of reversing the prior years’ accumulated leave balance. The current year accrued leave balance of $10,000 has no impact as it is reversed in the same year. |
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Termination benefits |
Termination benefits are employee benefits payable as a result of either:
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Fringe Benefit Tax
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Where a benefit (including salary sacrifice arrangements) results in a reportable fringe benefit amount for the employee, the Total Remuneration should include the taxable value and the Fringe Benefits Tax (FBT) paid. |
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