Remuneration Tribunal Determination 2007/04 Principal Executive Office (PEO) Classification Structure and Terms and Conditions (Cth)

REMUNERATION TRIBUNAL

Determination 2007/04:
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 2007.

PRINCIPAL EXECUTIVE OFFICE CLASSIFICATION STRUCTURE

₁

₂

In this Determination, Determination 2005/19 (as amended) is referred to as the Principal Determination.

The Principal Determination is amended by omitting Table A1 titled “Principal Executive Office Classification Structure and Remuneration Ranges with effect from 1 July 2005” and replacing it with the following table and related footnotes:

Table A1 – Principal Executive Office Classification Structure and Remuneration   Ranges with effect from 1 July 2007

PRINCIPAL EXECUTIVE OFFICE CLASSIFICATION STRUCTURE
Superannuation Salary Band Range[7]		Total Remuneration Band  Range[8]
PEO BAND A	up to $138,140		up to $189,230
Reference salary A[9]	$121,930
PEO BAND B	$102,200  -  $187,460		$140,000 - $256,790
Reference salary B	$144,140
PEO BAND C	$138,700  -  $266,170		$190,000 - $364,610
Reference salary C	$195,840
PEO BAND D	$200,750 - $345,040	$275,000 - $472,650
Reference salary D	$278,020
PEO BAND E	from $288,350		from $395,000

[7]

[8] The Total Remuneration range for each Band is normally adjusted from 1 July each year.

[9] This salary is identified as the reference salary for the purposes of clause 1(4)(b) of Schedule 3 to the Remuneration and Allowances Act 1990.

The Superannuation Salary for a PEO is determined by the Employing Body in accordance with clause 2.7.