ASIC Salary and Benefits 2020ndash22

Your salaryASIC 1 ndash 4 classification levels

Classification Salary step 27 May 2020 27 May 2021 (2 increase)

ASIC 1 Step 1 Base $46822 $47758

Incl super $54033 $55113

Step 2 Base $48400 $49368

Incl super $55854 $56971

Step 3 Base $49709 $50703

Incl super $57364 $58511

Step 4 Base $51750 $52785

Incl super $59720 $60914

ASIC 2 Step 1 Base $54454 $55543

Incl super $62840 $64097

Step 2 Base $55882 $57000

Incl super $64488 $65778

Step 3 Base $57335 $58482

Incl super $66165 $67488

Step 4 Base $58766 $59941

Incl super $67816 $69172

Step 5 Base $60358 $61565

Incl super $69653 $71046

Step 6 Base $61927 $63166

Incl super $71464 $72894

Step 7 Base $63501 $64771

Incl super $73280 $74746

Step 8 Base $65148 $66451

Incl super $75181 $76684

ASIC Salary and Benefits 2

Classification Salary step 27 May 2020 27 May 2021 (2 increase)

ASIC 3 Step 1 Base $69409 $70797

Incl super $80098 $81700

Step 2 Base $71218 $72642

Incl super $82186 $83829

Step 3 Base $73044 $74505

Incl super $84293 $85979

Step 4 Base $75032 $76533

Incl super $86587 $88319

Step 5 Base $77385 $78993

Incl super $89302 $91089

Step 6 Base $79562 $81153

Incl super $91815 $93651

ASIC 4 Step 1 Base $83056 $84717

Incl super $95847 $97763

Step 2 Base $85333 $87040

Incl super $98474 $100444

Step 3 Base $89622 $91414

Incl super $103424 $105492

Step 4 Base $93093 $94955

Incl super $107429 $109578

KeyA dotted line indicates a soft barrier between salary steps Salary progression through a soft barrier is based on an annual performance rating of Exceeding or Outstanding

ASIC Salary and Benefits 3

Your salaryASIC 1 ndash 4 classification levels

Classification Salary step 27 May 2020 27 May 2021 (2 increase)

ASIC 1 Step 1 Base $46822 $47758

Incl super $54033 $55113

Step 2 Base $48400 $49368

Incl super $55854 $56971

Step 3 Base $49709 $50703

Incl super $57364 $58511

Step 4 Base $51750 $52785

Incl super $59720 $60914

ASIC 2 Step 1 Base $54454 $55543

Incl super $62840 $64097

Step 2 Base $55882 $57000

Incl super $64488 $65778

Step 3 Base $57335 $58482

Incl super $66165 $67488

Step 4 Base $58766 $59941

Incl super $67816 $69172

Step 5 Base $60358 $61565

Incl super $69653 $71046

Step 6 Base $61927 $63166

Incl super $71464 $72894

Step 7 Base $63501 $64771

Incl super $73280 $74746

Step 8 Base $65148 $66451

Incl super $75181 $76684

ASIC Salary and Benefits 2

Classification Salary step 27 May 2020 27 May 2021 (2 increase)

ASIC 3 Step 1 Base $69409 $70797

Incl super $80098 $81700

Step 2 Base $71218 $72642

Incl super $82186 $83829

Step 3 Base $73044 $74505

Incl super $84293 $85979

Step 4 Base $75032 $76533

Incl super $86587 $88319

Step 5 Base $77385 $78993

Incl super $89302 $91089

Step 6 Base $79562 $81153

Incl super $91815 $93651

ASIC 4 Step 1 Base $83056 $84717

Incl super $95847 $97763

Step 2 Base $85333 $87040

Incl super $98474 $100444

Step 3 Base $89622 $91414

Incl super $103424 $105492

Step 4 Base $93093 $94955

Incl super $107429 $109578

KeyA dotted line indicates a soft barrier between salary steps Salary progression through a soft barrier is based on an annual performance rating of Exceeding or Outstanding

ASIC Salary and Benefits 3

Classification Salary step 27 May 2020 27 May 2021 (2 increase)

ASIC 3 Step 1 Base $69409 $70797

Incl super $80098 $81700

Step 2 Base $71218 $72642

Incl super $82186 $83829

Step 3 Base $73044 $74505

Incl super $84293 $85979

Step 4 Base $75032 $76533

Incl super $86587 $88319

Step 5 Base $77385 $78993

Incl super $89302 $91089

Step 6 Base $79562 $81153

Incl super $91815 $93651

ASIC 4 Step 1 Base $83056 $84717

Incl super $95847 $97763

Step 2 Base $85333 $87040

Incl super $98474 $100444

Step 3 Base $89622 $91414

Incl super $103424 $105492

Step 4 Base $93093 $94955

Incl super $107429 $109578

KeyA dotted line indicates a soft barrier between salary steps Salary progression through a soft barrier is based on an annual performance rating of Exceeding or Outstanding

ASIC Salary and Benefits 3

Executive classification levels

Classification Salary step 27 May 2020 27 May 2021 (2 increase)

Executive Level 1 Step 1 Base $108843 $111020

Incl super $125605 $128117

Step 2 Base $111728 $113963

Incl super $128934 $131513

Step 3 Base $116145 $118468

Incl super $134031 $136712

Step 4 Base $120000 $122400

Incl super $138480 $141250

Step 5 Base $125901 $128419

Incl super $145290 $148196

Executive Level 2 Step 1 Base $123301 $125767

Incl super $142289 $145135

Step 2 Base $125901 $128419

Incl super $145290 $148196

Step 3 Base $135299 $138005

Incl super $156135 $159258

Step 4 Base $139822 $142618

Incl super $161355 $164581

Step 5 Base $143398 $146266

Incl super $165481 $168791

Step 6 Base $145494 $148404

Incl super $167900 $171963

Step 7 Base $148641 $151614

Incl super $171532 $174963

Step 8 Base $154586 $157678

Incl super $178392 $181960

Step 9 Base $157385 $160533

Incl super $181622 $185255

Step 10 Base $163680 $166954

Incl super $188887 $192665

Step 11 Base $166130 $169453

Incl super $191714 $195549

Step 12 Base $172775 $176230

Incl super $199382 $203369

ASIC Salary and Benefits 4

ASICrsquos Senior Managers and Senior Specialists play an important role in leading and guiding our people in delivering a strong fair and efficient financial systems for all Australians To reflect the skills and experiences these roles bring to ASIC the salary range is Executive Level 2 (Step 6 ndash 12)

KeyA dotted line indicates a soft barrier between salary steps Salary progression through a soft barrier is based on an annual performance rating of Exceeding or Outstanding

ASIC Salary and Benefits 5

Salary advancement

We understand that your salary is important to you In line with ASICrsquos Enterprise Agreement in 2019ndash2022 you will receive a 2 increase to your base salary each year in May In addition your salary will advance one salary step based on your performance rating at 30 June each year

To be eligible for an automatic salary advancement you must have

rsaquo completed probation

rsaquo completed six months at an existing salary step and

rsaquo been at a salary step below a soft barrier

As an example if you commence employment with us at ASIC 4 Step 1 and you receive an Achieving (or higher) performance rating at 30 June your salary will automatically advance to Step 2 Your salary will continue to advance until you reach a soft barrier or the top of a salary band

But wait therersquos more Bonus scheme

If you join us at the ASIC 4 or Executive levels you will be eligible for a performance bonus at the end of the financial year (if you are employed by ASIC for a period of at least three months in the financial year)

The bonus is based on your performance rating and is a percentage of your base salary We pay the following bonus percentages

Performance rating ASIC 4 Executive Level 1 - 2

Outstanding 9ndash12 11ndash15

Exceeding 6 6ndash10

Achieving 3 3ndash5

Your bonus can be salary sacrificed into your superannuation fund or if yoursquore at the Executive levels and receive an Exceeding or Outstanding rating you can choose to convert an equivalent amount of your bonus to 3 days annual leave

ASIC Salary and Benefits 6

ASICrsquos Senior Managers and Senior Specialists play an important role in leading and guiding our people in delivering a strong fair and efficient financial systems for all Australians To reflect the skills and experiences these roles bring to ASIC the salary range is Executive Level 2 (Step 6 ndash 12)

KeyA dotted line indicates a soft barrier between salary steps Salary progression through a soft barrier is based on an annual performance rating of Exceeding or Outstanding

ASIC Salary and Benefits 5

Salary advancement

We understand that your salary is important to you In line with ASICrsquos Enterprise Agreement in 2019ndash2022 you will receive a 2 increase to your base salary each year in May In addition your salary will advance one salary step based on your performance rating at 30 June each year

To be eligible for an automatic salary advancement you must have

rsaquo completed probation

rsaquo completed six months at an existing salary step and

rsaquo been at a salary step below a soft barrier

As an example if you commence employment with us at ASIC 4 Step 1 and you receive an Achieving (or higher) performance rating at 30 June your salary will automatically advance to Step 2 Your salary will continue to advance until you reach a soft barrier or the top of a salary band

But wait therersquos more Bonus scheme

If you join us at the ASIC 4 or Executive levels you will be eligible for a performance bonus at the end of the financial year (if you are employed by ASIC for a period of at least three months in the financial year)

The bonus is based on your performance rating and is a percentage of your base salary We pay the following bonus percentages

Performance rating ASIC 4 Executive Level 1 - 2

Outstanding 9ndash12 11ndash15

Exceeding 6 6ndash10

Achieving 3 3ndash5

Your bonus can be salary sacrificed into your superannuation fund or if yoursquore at the Executive levels and receive an Exceeding or Outstanding rating you can choose to convert an equivalent amount of your bonus to 3 days annual leave

ASIC Salary and Benefits 6

Salary advancement

We understand that your salary is important to you In line with ASICrsquos Enterprise Agreement in 2019ndash2022 you will receive a 2 increase to your base salary each year in May In addition your salary will advance one salary step based on your performance rating at 30 June each year

To be eligible for an automatic salary advancement you must have

rsaquo completed probation

rsaquo completed six months at an existing salary step and

rsaquo been at a salary step below a soft barrier

As an example if you commence employment with us at ASIC 4 Step 1 and you receive an Achieving (or higher) performance rating at 30 June your salary will automatically advance to Step 2 Your salary will continue to advance until you reach a soft barrier or the top of a salary band

But wait therersquos more Bonus scheme

If you join us at the ASIC 4 or Executive levels you will be eligible for a performance bonus at the end of the financial year (if you are employed by ASIC for a period of at least three months in the financial year)

The bonus is based on your performance rating and is a percentage of your base salary We pay the following bonus percentages

Performance rating ASIC 4 Executive Level 1 - 2

Outstanding 9ndash12 11ndash15

Exceeding 6 6ndash10

Achieving 3 3ndash5

Your bonus can be salary sacrificed into your superannuation fund or if yoursquore at the Executive levels and receive an Exceeding or Outstanding rating you can choose to convert an equivalent amount of your bonus to 3 days annual leave

ASIC Salary and Benefits 6

Your benefits at a glance

Classification level ASIC 1 ASIC 2 ASIC 3 ASIC 4 Executive

Level 1Executive Level 2

Superannuation 154 employer contribution bull bull bull bull bull bull

Performance bonus

Performance bonus after completing probation and meeting performance requirements at 30 June

bull bull bull

Professional development

bull Online learningbull Access to Communities of

Practicebull Up to $5000 per financial

year for approved coursesbull Study leave up to 60 hours

to complete course work and undertake private study

bull bull bull bull bull bull

Flexible and mobile working

Flextime to take time off for additional hours worked during busy periods

bull bull bull bull

Ability to request work and leave options that work for you and ASIC for example rsaquo varying start and finish times rsaquo working remotely rsaquo part time work rsaquo job sharing rsaquo purchasing leave

bull bull bull bull bull bull

Wellbeing

bull Employee Assistance Program for you and your immediate family

bull Spectacle lens reimbursement

bull Free flu vaccination

bull bull bull bull bull bull

Paid professional membership

One paid professional membership per year bull bull bull bull bull bull

Leave

bull 20 days annual leavebull Additional three days leave

over Christmas and New Year

bull 18 days personal leavebull 14 weeks Parental Leave

paid after 12 months with ASIC

bull bull bull bull bull bull

Communitybull Workplace giving program

(pre-tax) to a charity of your choice

bull One day paid volunteeringbull bull bull bull bull bull

Based on a permanent full time (375 hours per week) ASIC employee

ASIC Salary and Benefits 7

Search and apply for roles at ASICcareersasicgovau

More information about ASICASICgovau

Be the change

Search and apply for roles at ASICcareersasicgovau

More information about ASICASICgovau

Be the change