Notice of Intention to make a Determination
In accordance with section 24(1) of the (VIRTIPS Act), the Tribunal hereby publishes its notice of intention to make a Determination in relation to the values of the remuneration bands for executives employed in prescribed public entities.
Details of the Tribunal’s proposed Determination are set out below.
What does the Determination cover?
The Tribunal must make a Determination which sets the values of the remuneration bands for executives employed in prescribed public entities.
After the Determination is made, discretion to set an individual employee’s remuneration within the relevant band will generally remain with the relevant employer, with employers wishing to pay an executive above the relevant band required to obtain and consider advice from the Tribunal before making a decision.
How will the Tribunal make its Determination?
The VIRTIPS Act sets out the following requirements for the Tribunal when making a Determination of remuneration bands for executives employed in prescribed public entities.
The Tribunal must comprehensively review the existing remuneration arrangements in place before the making of the Tribunal’s Determination. The Tribunal is also required to comprehensively review the roles of executives employed in prescribed public entities. The Determination may provide for any other matter the Tribunal considers relevant.
The Tribunal must also consider:
- any statement or policy of the Victorian Government in relation to its wages policy (or equivalent) and the remuneration and allowances of any specified occupational group as defined in s3 of the VIRTIPS Act (s24(2)(a))
- the financial position and fiscal strategy of the State of Victoria (s24(2)(b))
- current and projected economic conditions and trends (s24(2)(c))
- submissions received about the proposed determination (s24(2)(d))
Submissions to the Determination have now closed.
The Tribunal expresses its appreciation to all those who made submissions and assisted the Tribunal in the performance of its functions, including the Chairs of public entity boards who made submissions and public entity executives who completed the Tribunal's questionnaire. Copies of the written and oral submissions made to the Tribunal, which the Tribunal has consent to publish, are available below.
Publication of submissions
The Tribunal may use information provided in submissions in its Determination.
All submissions will be published in full or summary form as appropriate on this website, unless the person making the submission seeks confidentiality or the submission contains information that is identified as commercially sensitive. In this instance, the submission will be published in a form which protects the confidentiality or commercial sensitivity.
The Tribunal may remove identifying information from submissions if published.
Submissions that contain offensive or defamatory comments, or which are outside the scope of the determination will not be published.
The Tribunal may receive a request under the . Any such requests will be determined in accordance with that Act which has provisions designed to protect personal information and information given in confidence.
The following written submissions have been provided to the Tribunal by prescribed public entities or other interested parties to assist in the making of its Determination.
The following prescribed public entities have made an oral submission to the Tribunal and have consented to a summary of their submission being published.
The following prescribed public entities or other interested parties have made a written submission to the Tribunal, but have not given consent for their submission to be published in any form.
- North East Water
- Melbourne Water
- Victorian Funds Management Corporation
- Lower Murray Water
- South East Water Corporation
Reviewed 20 March 2020