Remuneration – the monetary value
Last updated: 30 Nov 2016
This page is: current
What is a remuneration increase worth to me in the first year?
The Bargaining Policy allows for remuneration increases to be negotiated up to an average of 2% per annum (pa). A 2% pa wage increase will be worth different amounts to different people. However, as a simple guide we have used the median1 base salary from the 2015 APS Remuneration Report.
Base Salary Median*|
2% increase (annual)*|
2% increase (fortnight)*|
*Figures in the table are before tax
What is a 6% remuneration increase worth over a three year agreement?
There is an accumulating effect with subsequent wage increases. Based on the figures provided in Table 1, a 2% pa wage increase for three years for an APS 5 would give them the following new money:
|Wage increase||Year 1||Year 2*||Year 3*||Total|
*Year 2 and 3 have a compounding effect|
** The final salary for the APS 5 would be $79,015
|2% on commencement||$1,489||$1,489||$1,489||$4,467|
|2% 12 months from commencement||$1,519||$1,519||$3,038|
|2% 24 months from commencement||$1,549||$1,549|
|Total received over three years**||$9,054|
What else does a remuneration increase affect?
Depending on your workplace agreement, remuneration increases also increase salary-related allowances such as fire warden, first aid and harassment contact officer allowances. In most circumstances, salary-related allowances will count for superannuation purposes.
A change in base salary has the greatest flow-on accumulative effect on superannuation contributions.
1 The median is the midpoint of all values. It is the point where 50% of values are above and 50% of values are below.