What is a remuneration package?
The term 'remuneration package' is used in the definition of senior executive band in ARDR clause 3 and ARSBR clause 3.
Departments and statutory bodies should include the following elements in the calculation of the remuneration package for senior executives:

• monetary remuneration, including allowances paid in money except travelling or subsistence allowances, allowances in relation to relocation expenses, or any other allowances in relation to
• expenses incurred in the discharge of the employee’s duties contributions by the employer to a superannuation scheme or fund of the employee
• any other benefits provided to the employee at the cost of the employer that are of a private nature

What is employee-related expenditure?
The term 'employee-related expenditure' is used in the ARDR clause 8 and ARSBR clause 14. Many Departments and statutory bodies include an 'employee-related expenditure' category in their financial reports. 'Employee-related expenditure' commonly includes salaries and wages (including recreation leave),
superannuation, long service leave, workers’ compensation insurance, payroll tax and fringe benefits (see Treasury Policy Paper 14-02 Financial Reporting Code for NSW General Government Sector Entities note 2).'Employee-related expenditure' may also include other categories of expenditure, but for the purposes of
this requirement, shall not include expenditure arising from voluntary redundancy payments or termination payments made as a result of the determinations by the Statutory and Other Offices Remuneration Tribunal. Departments and statutory bodies should seek guidance from their finance or accounting teams for detailed information on employee-related expenditure relevant to them.
Example disclosure:

2.43% of the [Department/Statutory Body]’s employee related expenditure in 20X2 was related to senior executives, compared with 2.45% in 20X1.

Workforce diversity reporting

In their annual reports, Departments and statutory bodies must report on their workforce diversity achievements during the reporting year and their key workforce diversity strategies proposed for the following year (see ARDR Schedule 1 and ARSBR Schedule 1).

Departments and statutory bodies may also report statistics for both the representation and distribution of employees in diversity groups, in the same format as the report provided to each agency by the Public Service Commission.

Additionally, Departments and statutory bodies must report on their workforce diversity achievements during the reporting year and their key workforce diversity strategies proposed for the following year.

Information on workforce diversity reporting can be found at http://www.psc.nsw.gov.au/Sector-Support/Equity-and-Diversity/Annual-Reporting.

More information

Contact the Public Service Commission for any specific enquiries related to senior executive and workforce diversity reporting in annual reports.

Contact the Treasury Accounting Policy Branch or visit the Treasury Annual Reporting website for general information on annual reporting.

Graeme Head
Public Service Commissioner

Authorities:

Annual Reports (Departments) Regulation 2010
Annual Reports (Statutory Bodies) Regulation 2010

¹ ‘Department’ means a Department as described in the Annual Reports (Departments) Act 1985, which defines Department as a person, group of persons or body specified in Column 1 of Schedule 3 to the Public Finance and Audit Act 1983.