The Act requires us to include
- employees whose earnings and/or severance payments exceed specified thresholds
- board members, regardless of their compensation
The threshold amount for income earned in the 2019 calendar year is $132,924. If an employee’s compensation, non-monetary benefits and, where applicable, severance exceeds this threshold amount, that person will be included on the disclosure list.
The Act also requires all public sector bodies to include all board members, regardless of compensation, in the disclosure. Further, the employment contract of the president and CEO is required to be published.