Remuneration Committee

Charter

1.  The role of the Remuneration Committee is to assist Council to discharge its oversight and monitoring responsibilities in relation to the remuneration of the Vice-Chancellor and senior executive remuneration and succession planning, by:

(a)  reviewing and if appropriate, recommending to Council for approval, the Chancellor’s recommendations regarding the remuneration and terms of employment of the Vice-Chancellor;

(b)  reviewing and if appropriate, recommending to Council for approval, the Chancellor’s recommendations regarding the annual performance goals and annual performance assessment of the Vice-Chancellor;

(c)   reviewing with the Vice-Chancellor senior executive remuneration and succession planning; and

(d)  advising Council on any matters relevant to this Charter which might be referred to it by Council from time to time.

2.    The Remuneration Committee will annually review and report to Council on its own performance.

Composition

The membership will comprise the members of the Executive Committee except that the Vice-Chancellor will not be a member of the Committee.

However, the Committee may invite the Vice-Chancellor, the Director of People & Culture and other staff or advisors, to attend and participate in meetings as appropriate.

Term

The members will hold office for as long as they are members of the Executive Committee.

Quorum

50% of membership (ignoring any fraction) plus 1