Excessive salaries for a ratepayer-funded development body … nice job if you can get it …
Who are we? HERE
Pay rise defended by NTD chairman
BY LUKE SCOTT LOCAL GOVERNMENT REPORTER
27 Nov, 2009 11:49 AM
OUTGOING Northern Tasmania Development chairman Des King has defended a pay increase to recently departed chief executive Robert Wallace.
The organisation held its annual meeting this week, with its annual report showing Mr Wallace’s salary jumped from $105,000 in 2007-08 to $137,000 this financial year.
Mr King said the jump in salary had occurred because Mr Wallace was appointed interim chief executive in late 2007, before permanently taking the role on in mid 2008.
“When Robert took the job on as interim chief executive, he took it on at the salary level of the previous chief executive (Andrew Eastick),”
Mr King said.
“When he was offered the position permanently … the board decided that the chief executive’s salary should be based on similar salaries for similar positions with similar levels of responsibility.
“In his time the organisation has changed substantially in size, and as a consequence if Robert had stayed on he would have stayed on at a lesser salary.
“It is a much smaller organisation than it was, and therefore the shareholders are now confident they can get somebody to operate in that position at a lower salary, appropriate for the size of NTD.”
The Northern shareholder councils resolved this week not to replace three outgoing board members, leaving only acting chairman Barry Easther and Professor Mike Adams on the board.
The member councils will now decide on a new structure for the organisation and seek a permanent chairman.
The organisation would also seek a new chief executive once a new funding structure was agreed upon.
Peter, with links from the Examiner: HERE
