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.
The Determination will take effect from 20 March 2020.
Details of the Tribunal’s proposed Determination are set out below.
The Tribunal invites submissions from any person or body, including any affected person, or class of affected persons, in relation to the proposed Determination. Information on how to make a submission is provided 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.
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))
Make a submission
The Tribunal invites affected and interested persons or bodies to make a submission either in writing or orally in relation to the proposed Determination. In addition, the Tribunal may invite specific persons or bodies to make oral submissions.
The Tribunal has emailed prescribed public entities inviting Chief Executive Officers (or equivalent) and subordinate executives to complete a brief questionnaire. If you are a CEO or a subordinate executive and have not received the email, please contact the Tribunal Secretariat by email.
To support interested parties in making a submission in relation to the proposed Determination, the Tribunal has summarised the matters it is required to consider in the making of its Determination of remuneration bands for executives employed in prescribed public entities.
The details of the dates and locations for the making of oral submissions will be published on the Tribunal’s website.
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.
Reviewed 30 January 2020