17CC Information about remuneration for other highly paid staff

  1. For the purposes of paragraphs 17AD(da) and 17BE(ta), this section sets out requirements for information about executive remuneration for other highly paid staff that is to be included in the annual report for a reporting period.
  2. For the other highly paid staff of the entity, the following must be included:
    1. the total remuneration bands for the other highly paid staff;
    2. for the other highly paid staff within each band, the following:
      1. the number of other highly paid staff;
      2. average base salary;
      3. average bonuses;
      4. average other benefits and allowances;
      5. average superannuation contributions (made by the entity);
      6. average long service leave;
      7. average other long term benefits;
      8. average termination benefits;
      9. average total remuneration, which must be the sum of the amounts included for the purposes of subparagraphs (ii) to (viii).
    1. A total remuneration band for the other highly paid staff is a band of one or more increments of $25,000 above $220,000 into which the total remuneration for a member of the entity’s other highly paid staff falls.
    2. The information must be included in the annual report in the form set out in clause 3 of Schedule 3.

Last updated: 02 May 2019