SP AusNet’s approach for remuneration is to be industry-competitive, internally fair and appropriate to the skills and responsibilities of the position – this includes:
Benchmarking & Bonuses
SP AusNet employees on individual employment agreements have their salary reviewed annually and we regularly benchmark roles to ensure we remain competitive. Most employees on individual employment agreements are also eligible to participate in the Annual Incentive Plan (AIP) or bonus scheme which provides rewards for individual and company performance.
Superannuation
We offer fund choice for those employees on an individual employment agreement. We also provide annual superannuation seminars offering employees information on pre-retirement strategies and “in-house” financial planning services at competitive special member’s rates through Equipsuper.
Salary Sacrifice
To meet individual flexibility and offer potential tax advantages, employees can elect a number of different items as part of their remuneration package, including superannuation, novated vehicles and car parking.
Income Protection Insurance
SP AusNet is proud to provide all offer all permanent employees with income protection insurance at no cost.