Elite Execs Top Up on Ted

Updated 22/04/2016

Services and Jobs Disappear but Exec Payments inc Bonuses Increase to $12.35 million in 2012 - the Education Department's elite move to the top of the 2012 Largesse Ladder receiving $1.8 million in payments inc bonuses, the equivalent of 15% of an average EO salary, being shared amongst 63 execs while cutting 400 jobs in the midst of rolling industrial action as teachers and education support staff campaign for a decent wage increase.

Department EO Payments (ex salary) Largesse Ladder 2012

  1. DEECD executives (63) shared in $1,800,000 or about $28,500 each in payments inc bonuses.  page 104
  2. DoT executives (60) shared in $1,639,956 or about $27,300 each in payments inc bonuses.  page 101
  3. DHS executives (83) shared in $1,590,664 or about $19,000 each in payments inc. bonuses – about 10% on an average EO salary.  page 192
  4. DTF executives (83) shared in $1,543,000 or about $18,600 each in payments inc bonuses.  page 66
  5. DSE executives (49) shared in $1,123,000 or about $23,000 each in payments inc bonuses.  page 142
  6. DoJ executives (58) shared in $1,114,824 or about $19,200 each in payments inc bonuses.  page 156
  7. DBI executives (43) shared in $916,000 or about $21,000 each in payments inc bonuses.  page 100
  8. DPC executives (41) shared in $678,000 or about $16,500 each in payments inc bonuses.  page 77
  9. DPCD executives (41) shared in $629,000 or about $15,300 each in payments inc bonuses.  page 126
  10. DPI executives (28) shared in $555,385 or about $20,000 each in payments inc bonuses.
  11. DoH executives (48) shared in $518,779 or about $10,800 each in payments inc. bonuses – about 6% on an average EO salary.  page 92
  12. VicPol executives (29) shared in $244,089 or about $8,500 each in payments inc bonuses.

SSA executives (7) shared in $97,438 or about $14,000 each in payments inc bonuses.  page 68

 

Not sure what Execs are rewarding themselves for.

You can call it what you want.  We’d call that rubbing salt into the gaping wound.

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