Policy: Remuneration – University Executive
- The ANU is committed to providing a work environment that is fair and equitable, with salary and non-salary benefits and other employment conditions to attract and retain talented staff, having regard to pay conditions and competition within the relevant employment markets and higher education sector.
- The determination of remuneration at the University is supported by market benchmarking and a remuneration model based on performance against agreed Key Performance Indicators.
- Executive remuneration is determined through comparative remuneration benchmarks and the University's strategic market positioning in relation to other university-sector organisations.
- Remuneration and conditions for the employment of the Vice-Chancellor is determined by Council (or the Chancellor on behalf of Council), acting on the advice of the Remuneration Committee.
- The Remuneration Committee monitors, reviews and may make recommendations to the Vice-Chancellor on the remuneration and conditions for employment of members of the ANU Executive, including:
- Deputy Vice-Chancellors
- Chief Financial Officer
- The remuneration arrangements under the University's enterprise agreement do not apply to ANU Executive positions. ANU Executive members and the University are bound by the provisions of the employment contract between them.
- An ANU Executive remuneration package is calculated through market benchmarking to ensure the University remains competitive.
- The University collects market data for benchmarking against peer Group of 8 universities.
- When required to compete beyond the university sector or overseas, the ANU uses general market data to benchmark against organisations with similar context to the University and/or customised research and industry surveys, where necessary.
|Printable version (PDF)|
|Title||Remuneration - University Executive|
|Purpose||This document sets out the policy for the remuneration of the Australian National University (ANU) Executive.|
|Audience||Staff, Prospective Staff|
|Topic/ SubTopic||Staff - Remuneration & Benefits|
|Effective Date||9 Feb 2023|
|Next Review Date||8 Feb 2024|
|Responsible Officer:||Chief People Officer|
|Approved By:||ANU Council|
|Contact Area||Human Resources Division|
Australian National University Act 1991
|Delegations||125, 126, 127, 457|
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