APS Secretaries Now Earn Over $1 Million
Salaries for secretaries of Australian Public Service departments have quietly surpassed $1 million, according to analysis by Paddy Gourley. The figures reveal a steady increase in executive compensation over recent years, with top earners now taking home more than $1 million annually.
Details of the Salary Growth
The analysis shows that the base salary for APS secretaries has risen from around $800,000 in 2018 to over $1 million in 2023. This represents a 25% increase in five years, outpacing inflation and average wage growth. Additional allowances and performance bonuses can push total remuneration even higher.
Impact and Reactions
The salary growth has sparked debate about public sector executive pay. Critics argue that such high salaries are not justified given the lack of direct market competition and the need for fiscal restraint. Supporters counter that competitive pay is necessary to attract and retain top talent in a demanding role. According to Paddy Gourley, the increases have occurred with little public scrutiny or debate.
The government has defended the pay levels, stating they are benchmarked against private sector equivalents. However, transparency advocates are calling for more detailed reporting on executive remuneration in the public service.
