Note 7: Personnel Expenses
|
Forecast 30 June 2012 |
Actual | |||
|---|---|---|---|---|
|
Budget 11 $m |
Budget 12 $m |
30 June 2012 $m |
30 June 2011 $m |
|
By type |
||||
| 17,862 | 18,068 | Salaries and wages | 18,330 | 17,913 |
| 327 | 212 | Costs incurred on GSF and other defined benefit plans | 198 | 314 |
| 379 | 418 | Costs incurred on SSRSS and other defined contribution plans | 452 | 468 |
| 581 | 617 | Other personnel expenses | 495 | 393 |
| 19,149 | 19,315 | Total personnel expenses | 19,475 | 19,088 |
By source |
||||
| 6,021 | 5,860 | Core Crown | 5,915 | 5,996 |
| 10,440 | 10,655 | Crown entities | 10,754 | 10,410 |
| 2,697 | 2,810 | State-owned enterprises | 2,819 | 2,695 |
| (9) | (10) | Inter-segment eliminations | (13) | (13) |
| 19,149 | 19,315 | Total personnel expenses | 19,475 | 19,088 |
Key management personnel compensation |
||||
| Salaries and other short-term employee benefits | 8 | 8 | ||
| Post-employment benefits | 1 | - | ||
| Other long-term benefits | - | - | ||
| Termination benefits | - | - | ||
| 9 | 8 | |||
Key management personnel are the 28 Ministers of the Crown who are members of the Executive Council (including the Prime Minister).
The Remuneration Authority sets remuneration levels for members of the Executive. The Authority takes into account other benefits available to members of the Executive as set out in the Executive Travel, Accommodation, Attendance, and Communication Services Determination (No 2) 2009 (the "Determination"). The Determination was determined by the Minister Responsible for Ministerial Services. Members of Parliament, including Members of the Executive, have access to other non-cash entitlements as determined by the Speaker of the House of Representatives. Details of these entitlements (eg, travel discounts) can be found on the New Zealand Parliament website (www.parliament.nz).
