Accounting Business Reporting for Decision Making

586 Accounting: Business Reporting for Decision Making

FIGURE 14.7 (continued)

2015

Salary

and fees Bonus Other^1 Superannuation

Share-based

payments^2 Total

Group executives

R. Murray, CEO

S. Browning,

left 17 Feb 2015

C. Trainor, Merchandise

Director

P. Green, Operations

Director

G. Papadopoulos,

left 17 Feb 2015

N.   Wells, CFO

T. Carter, On-line and

Commercial Manager

1 041 813

390 478

754 985

487 752

314 251

278 539

262 500

523 144

—

411 856

223 734

—

123 776

123 776

28 187

614 105

33 000

20 000

440 940

20 000

16 154

30 000

16 058

35 000

30 000

16 058

26 461

24 231

381 122

(221 402)

(479 860)

(257 085)

(166 190)

(98 185)

30 895

2 004 266

799 239

1 714 701

1 018 571

605 059

546 961

457 556

3 530 318 1 406 286 1 172 386 177 808 859 555 7 146 353

4 332 490 1 406 286 1 172 386 265 636 859 555 8 036 353

(^1) Car allowances except for S. Browning and G. Papadopoulos where it includes payments on termination.
(^2) Performance based.
Source: JB Hi-Fi Ltd 2015, annual report, p. 37.
JB Hi-Fi Ltd, Australia’s largest home entertainment retailer, evaluates its executive compensation on comparative
positions in similar companies and industries.
VALUE TO BUSINESS
• The performance of divisional units of a business can be further evaluated on an individual level.
• Individual performance measures are designed to capture performance on multiple tasks, individual

and team-based rewards, and short- and long-term rewards.