(1) To outline the approach for the setting, payment and review of Salary Loadings and Responsibility Allowances. (2) The University is committed to attracting and retaining high quality staff and rewarding outstanding staff performance. Flexible remuneration using Salary Loadings and Responsibility Allowances assists in achieving this goal. (3) This Policy applies to staff employed under the Macquarie University Enterprise Agreements. (4) It is of particular relevance to Continuing and Fixed Term Academic and Professional staff members. (5) A Salary Loading may be considered when: (6) Salary Loadings will apply to: (7) Exceptions will require justification and the approval of the Chief People Officer. (8) Salary Loadings may be either: (9) Human Resources, in consultation with the relevant Deputy Vice-Chancellor, will establish loading parameters. Loading parameters will be determined on the basis of the level at which salaries for particular disciplines are being sustained in comparison with the market. Executive Deans / Heads of Offices will recommend Salary Loadings for individual staff within these parameters. (10) The size of the Salary Loading will be adjusted to take into account any promotion or reclassification. (11) A Salary Loading will be paid as a percentage or a fixed dollar amount (whole number). (12) A review of Salary Loadings will be undertaken annually and take into account: (13) Setting a Salary Loading: (14) Renewing a Salary Loading: (15) Increasing a Salary Loading: (16) Salary Loadings will: (17) Subject to legislation, Salary Loadings will not generally attract superannuation. (18) Salary Loadings paid in respect of long service leave taken in service will be funded from Faculty / Office budgets rather than central funds. (19) A Responsibility Allowance will be considered when: (20) Additional responsibilities may include, but are not limited to: (21) A Responsibility Allowance will be approved for up to six (6) months. It is generally only approved once and is not appropriate for an ongoing need greater than six (6) months. (22) The amount allocated for a Responsibility Allowance will depend upon the additional responsibilities required. As a guide, Responsibility Allowances will be no greater than 5% of one (1) year's base salary. (23) The additional responsibilities and allowance may be increased, decreased or withdrawn during the period following consultation with the staff member. (24) Responsibility Allowances require the approval of the Chief People Officer. (25) Only one (1) Responsibility Allowance will be paid to a staff member at any one time. (26) A Responsibility Allowance will be paid as a percentage (whole number). (27) A Responsibility Allowance may be absorbed into the new level of remuneration if the recipient’s current position is reclassified to a higher level (in the case of Professional Staff) or the recipient is promoted (in the case of Academic Staff). (28) A staff member will not be paid a Responsibility Allowance for leave periods of one (1) week or more. (29) The University may commence applicable disciplinary procedures if a person to whom this Policy applies breaches this Policy (or any of its related procedures). (30) Refer to the Salary Loadings Procedure. (31) Nil. (32) The following definitions apply for the purposes of this Policy:Salary Loadings Policy
Section 1 - Purpose
Background
Scope
Section 2 - Policy
Salary Loadings
Eligibility
Loading Parameters
Review
Approvals
Leave and Superannuation
Responsibility Allowance
Eligibility
Duration
Value
Review
Approvals
Salary and Leave
Compliance and Breaches
Section 3 - Procedures
Section 4 - Guidelines
Section 5 - Definitions
View Document
This is the current version of this document. You can provide feedback on this document to the document author - refer to the Status and Details on the document's navigation bar.