Professional Documents
Culture Documents
INDEX
1. 2. 3. 4. OVERVIEW GENERAL CONTACTS FOR MORE INFORMATION CHANGE HISTORY
1. Overview
Please note: This document is intended to be a general guide for employees; there may be individual exceptions to what has been stated below. Will CSC be granting TEC increases this year? Yes, CSC has allocated budget for increases to TEC this year. CSC Australia's remuneration philosophy is to ensure that all employees are paid equitably in line with market trends. Our corporate policy is to pay 'Market Median' within the Australian ICT industry for satisfactory performers. An individual's remuneration however may vary according to experience, specific skills, internal relativities and performance. CSC Australia has conducted this years annual Salary Review Process with an aim to sustain our competitive advantage and reward high performers. What is the Salary Review decision based on? During the Salary Review process your manager will have provided input to a designated Salary Review Manager. When determining a pay recommendation several factors would have been taken into consideration: Budgetary guidelines Performance and Individual Contribution Internal Relativities External IT Market movements
Page 1 of 6 CSC Australia Pty Ltd Printed copies of this document are for reference only.
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Page 3 of 6 CSC Australia Pty Ltd Printed copies of this document are for reference only.
2. General
What does TEC mean? CSC Australia operates on a Total Employment Compensation (TEC) philosophy. This means that we view an employee's remuneration on a "total package" basis (the employee then has some choice as to how the TEC is broken out e.g, novated vehicle lease, personal superannuation contribution, etc.)
Page 4 of 6 CSC Australia Pty Ltd Printed copies of this document are for reference only.
Page 5 of 6 CSC Australia Pty Ltd Printed copies of this document are for reference only.
4. Change History
Version 6 5 4 3 2 1 Date April 2012 July 2011 July 2010 June 2008 June 2007 Apr 2006 Details Updated for 2012 Salary Review Updated for 2011 Salary Review Updated for 2010 Salary Review Updated for 2008 Salary Review Updated for 2007 Salary Review Introduced standard formatting, updated to 2006 Salary Review
This policy is an on-line document and as such all updates will be made on-line. As soon as a document is printed it ceases to be a controlled document. To ensure that you are reviewing the latest copy of this policy, please access the online version available on the CSC C3.
Page 6 of 6 CSC Australia Pty Ltd Printed copies of this document are for reference only.