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CQUniversity Annual Report - Central Queensland University

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<strong>CQ<strong>University</strong></strong> ANNUAL REPORT 2012<br />

<strong>Central</strong> <strong>Queensland</strong> <strong>University</strong><br />

and Controlled Entities<br />

Notes to the Financial Statements<br />

for the year ended 31 December 2012<br />

Note 32. Key Management personnel and remuneration (continued)<br />

(e) Remuneration of Key Executive Management Personnel (continued)<br />

Performance payments<br />

<strong>Central</strong> <strong>Queensland</strong> <strong>University</strong><br />

Position<br />

Vice-Chancellor and President<br />

Date Paid<br />

01-Jun-12<br />

25-Feb-11<br />

Amount and basis for payment<br />

$35,150 - The cash performance bonus was calculated by reference to<br />

the outcome of the Vice-Chancellor and President's performance<br />

appraisal. The bonus paid equated to 100% of the maximum bonus<br />

payable and attracted a 9% employer superannuation contribution.<br />

$37,000 - The cash performance bonus was calculated by reference to<br />

the outcome of the Vice-Chancellor and President's performance<br />

appraisal. The bonus paid equated to 100% of the maximum bonus<br />

payable and attracted a 9% employer superannuation contribution.<br />

55<br />

ANNUAL FINANCIAL STATEMENTS

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