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2024 Determination of VPS executive remuneration bands

The Tribunal is required to make a new Determination setting the values of the remuneration bands for executives employed in public service bodies.

On 2 July 2024, and in accordance with section 21 of the Victorian Independent Remuneration Tribunal and Improving Parliamentary Standards Act 2019 (Vic) (VIRTIPS Act), the Tribunal made the Remuneration bands for executives employed in public service bodies (Victoria) Determination No. 01/2024 (2024 Determination).

The Determination and accompanying Statement of Reasons, which outlines in detail the Tribunal's considerations, are available here:

Remuneration bands for executives employed in public service bodies (Victoria) Determination No. 01/2024
PDF 1.74 MB
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Accessible version Remuneration bands for executives employed in public service bodies (Victoria) Determination No. 01/2024
Word 1.14 MB
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The Tribunal's media release announcing the Determination, including the executive summary from the Statement of Reasons, is available here:

VPS Determination 2024 - Media release including executive summary
PDF 349.38 KB
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Accessible version VPS Determination 2024 - Media release including executive summary
Word 264.72 KB
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On 2 July 2024, the Tribunal also made updated Victorian Public Service Executive Remuneration Guidelines (VPS Guidelines), which support public service employers in placing executives within the remuneration bands. The updated Guidelines took effect from 2 July 2024 and should be read together with the Determination in effect at the time.

To support the making of the Determination, the Tribunal engaged Mercer Consulting (Australia) to undertake remuneration benchmarking of public service executive roles and provide advice. The report prepared by Mercer is available here:

Mercer - Executive Remuneration Benchmarking and Advice - Secretary and SES - 2024
PDF 341.77 KB
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Consultation process

The Tribunal carried out stakeholder consultation to support the making of the Determination.

On 5 December 2023, the Tribunal published notice of its intention to make the Remuneration bands for executives employed in public service bodies (Victoria) Determination No. 01/2024.

The notice of intention called for submissions from all interested parties.

Where permission has been given by the submitter, a submission is published on the Tribunal’s website.

Submissions do not necessarily reflect the views of the Tribunal and assertions made in them have not been fact-checked.

For an accessible version of submissions, please email enquiries@remunerationtribunal.vic.gov.

Submission 1 - Victorian Secretaries Board
PDF 1.72 MB
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The Tribunal also invited 1,665 executives employed in public service bodies to make a submission via an online questionnaire. A summary of the responses to the executive questionnaire is included in the Statement of Reasons for the 2024 Determination.

The Tribunal expresses its appreciation to all those who made submissions and assisted the Tribunal in the performance of its functions, including executives who completed the Tribunal's questionnaire.

Updated