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Source of data: Consumer Price Index, June Quarter 1999, Table 2, Australian Bureau of Statistics, Canberra (publication reference no. 6401.0)
Data indicating wage relativities between States are also charted.The Survey Report is published twice a year
in April and October.
Results are presented for the survey as a whole, and for individual
job functions. Each function is divided into grades and the survey
results for each grade are presented in remuneration tables. Salary
movements and forecasts are provided for the survey as whole and for
individual job functions. Charts showing the relationship between job size
(as measured by job evaluation points) and salary level are included.
These charts are based on practice equations, and the equations are provided
to assist in the setting of salary policy relative to the market.
Analyses of pay for performance and the provision of salary package
items are tabled by job grade and by job function. Examples, and further
description of these analyses follow.
1 Remuneration Tables The survey results for each grade within
each function are provided in a remuneration table.
Example
table for grade 8 in the Finance function.
A description of the types of job included
in each grade for each Function is also given. 2 Regression Equations and Practice Line Charts Sets of equations are provided that relate
job points to salary level. These equations are provided for Base
Salary, Total Remuneration, and Total Remuneration Cost. Here,
Total Remuneration is the total value of all salary package
items, excluding Fringe Benefits Tax. Total Remuneration Cost is
total Remuneration, plus the cost of Fringe Benefits Tax. First quartile, medial, third quartile and
range of other percentile equations are provided. These sets of
equations are given for the survey as a whole, and for each of
the job functions. For the total survey, and for each function, a set of three practice line charts are provided.
The set covers Base Salary, Total Remuneration, and Total Remuneration Cost respectively.
The charts are plots of the regression equations and give a graphical representation of the
relationship between job size, as measured by the NRC universal job evaluation system
Jobscore,
and market salaries. For each salary measure, Base salary, Total Remuneration, and Total Remuneration Cost,
three levels are plotted. These are the median, first quartile (Q1), and third quartile (Q3).
(Identified as P50, P25 and P75 respectively in the table of regression equations.)
Position description
for grade 8 in the Finance function.
Regression equations for the Scientist and
for the Administration functions.
Base Salary versus job size for the
Finance function.
3 Employee Benefits and Pay for Performance
The prevalence of various benefit types for a selection of industry sectors and by job grade are tabulated. The average purchase price of motor vehicles by job grade is also given.
Levels of performance payment are tabulated
by job function and by job grade.
Performance items as a percentage of
total salary package, by function and by grade.
Value of performance items by function and by grade.
4 Salary Movements
Salary movement statistics for Base Salary
and Total Remuneration are reported. The average, first quartile,
median and third quartile movements are given. These movements
are provided for the survey as a whole, and for each job
function. Forecast movements in Total Remuneration for the
forthcoming twelve months period are given for the survey as a whole
and for each job function. A forecast of the movement in the Consumer
Price Index (headline rate) and the Treasury Underlying rate of
inflation is also made.
Total survey salary movements and forecasts.
5 Economic Commentary
This section of the report examines
economic activity indicators relevant to the Australian economy
as the may help identify the future direction of salary movements
Factors such as inflation, interest rates, and average weekly
earnings are examined. Charts are provided. The following is an
example:
Source of data: Consumer Price Index,
June Quarter 1999, Table 2, Australian Bureau of
Statistics, Canberra (publication reference no. 6401.0)