This section provides a breakdown on the various programs WSA uses to reward and recognise employees, including key management personnel.

• D.1 Employee benefits provisions
• D.2 Employee benefits expense
• D.3 Key management personnel compensation

D.1 Employee benefits provision

Recognition and measurement

The employee benefits provision represents accrued annual leave and long service leave entitlements and other incentives recognised in respect of employees’ services up to the end of the reporting period.

These liabilities are measured at the amounts expected to be paid when they are settled and include related on-costs, such as workers compensation insurance, superannuation and payroll tax.

D.2 Employee benefit expense

D.3 Key management personnel compensation

For the purposes of this disclosure, WSA has defined Key Management Personnel (KMP) as the Chief Executive Officer (CEO) and senior executives who have authority and responsibility for planning, directing and controlling the activities of the organisation.

KMP compensation included in “employee benefit expense” in note D2 is as follows: