Remuneration Tribunal Determination 2005/07 Principal Executive Office (PEO) Classification Structure and Terms and Conditions (Cth)

REMUNERATION TRIBUNAL

Determination 2005/07: 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 2005 except where specified otherwise.
PRINCIPAL EXECUTIVE OFFICE CLASSIFICATION STRUCTURE
1	In this Determination, Determination 1999/15 (as amended) is referred to as the Principal Determination.
2	The Principal Determination is amended by omitting Table 1 titled “Principal Executive Office Classification Structure” and replacing it with the following table.

TABLE 1 PRINCIPAL EXECUTIVE OFFICE CLASSIFICATION STRUCTURE
Superannuation				Total Remuneration #^
Salary Range *^				As at 1 July 2005
PEO BAND A	up to	$120,750	up to	$172,500
Reference salary A@	$111,150
PEO BAND B	$98,000	-	$163,870	$140,000	-	$234,100
Reference salary B	$131,400
PEO BAND C	$133,000	-	$232,680	$190,000	-	$332,400
Reference salary C	$178,530
PEO BAND D	$192,500	-	$301,630	$275,000	-	$430,900
Reference salary D	$253,450
PEO BAND E	from $280,000		from $395,000
# Maximum Total Remuneration for each band is to be adjusted on and from 1 July each year consistent with clause D3.
* Superannuation Salary ranges shown are calculated in accordance with clause A1.
^ All remuneration/salaries refer to annual full-time remuneration/salaries.  Part-time remuneration/salaries shall be set at  a pro-rata rate as advised by the Tribunal.
@ Salary identified as the reference salary for the purposes of clause 1(4)(b) of Schedule 3 to the Remuneration and  Allowances Act 1990.

Signed this 9th day of May 2005