Search

Home > Remuneration & benefits > Remuneration > Remuneration policy > Senior & executive staff remuneration policy

Senior and executive staff remuneration policy

Current remuneration policy and structure

  • Positions within Payclasses 13 - 15 (Peromnes 1 - 5)
  • Performance based remuneration structure
  • UCT Range constructed around midpoint of Vice chancellor's (Peromnes 1 level) salaries of a group of five comparable universities
  • Staff meeting all the requirements of the position are paid at the standard package rate for their peromnes grade
  • Staff performing above the requirements of the position are paid a once-off non-pensionable performance bonus
  • Ranges constructed from 15 % below the standard package and staff have the potential to earn a bonus of up to 15% above the standard package

Page last updated: 12 June 2012