Go to top of page

D. Our People

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

2019
$000

2018
$000

Short term incentives

2,753

-

Annual leave

680

287

Long service leave

57

6

Total

3,490

293

Current

2,580

287

Non-current

910

6

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

2019
$000

2018
$000

Wages and salaries

16,195

4,161

Secondee costs

606

497

Director fees

752

468

Superannuation

1,190

299

Leave entitlements

1,182

287

Payroll tax

1,021

202

Other

340

121

Total

21,286

6,035

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:

2019
$

2018
$

Short-term employee benefits

4,407,138

2,143,946

Other long-term benefits

472,287

69,395

Post-employment benefits

207,516

112,974

Total

5,086,941

2,326,315