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Remuneration policies for key management personnel and senior executives
Tourism Australia’s remuneration policy for key management personnel and senior executives is as directed by the Australian Government Remuneration Tribunal, local labour legislation and our own Remuneration Policy, and Delegations Instrument.
Remuneration for Board members and the Managing Director is set by the Australian Government Remuneration Tribunal, while remuneration for executives and senior management is determined by the Tourism Australia Remuneration Policy.
Executives and senior managers remuneration is confirmed through a common law contract.
Our Remuneration Policy outlines our approach to salary determination, that is, salary ranges are determined for each country we operate in, considering market relativities, and based on the Hay Group Methodology (with detail on the latter provided in our Recruitment Policy). The salary range for each band is reviewed annually through external consultants Korn Ferry Hay Group. Our remuneration policy also outlines requirements related to performance assessment – with all employees assessed in an annual performance review. Our Delegations Instrument outlines governance requirements for recruitment and remuneration.