Note 34. Employee Benefits

 

2015
$’000

2014
$’000

Current Employee Benefits

 

 

Annual Leave a

97,797

90,413

Long Service Leave b

97,218

86,752

Accrued Salaries c

34,281

30,599

Other Benefits

210

243

Total Current Employee Benefits

229,506

208,007

 

 

 

Non-Current Employee Benefits

 

 

Long Service Leave d

14,529

14,044

Total Non-Current Employee Benefits

14,529

14,044

 

 

 

Total Employee Benefits

244,035

222,051

  1. The increase is mainly due to the impact of collective agreement pay rises, an increase in staff numbers for growth in services provided to patients and the growth in liability due to leave earned exceeding leave taken.
  2. The increase is mainly due to the impact of collective agreement pay rises, an increase in staff numbers for growth in services provided to patients and the growth in liability due to leave earned exceeding leave taken. An increase in the rate used to estimate the present value of future long service leave payments from 103.5% to 104.2% also contributed to this variance.
  3. The increase is due to pay rises accrued for Medical staff whose collective agreements have not been finalised and the cost of an additional day’s pay accrued in 2015 compared to 2014 which were partially offset by pay rises accrued in 2014 that were settled in 2015.
  4. The increase is mainly due to an increase in the rate used to estimate the present value of future long service leave payments from 103.5% to 104.2%.

Estimate of when Leave is Payable

2015
$’000

2014
$’000

Estimated Amount Payable within 12 months

 

 

Annual Leave

54,021

50,646

Long Service Leave a

7,312

7,420

Accrued Salaries

34,281

30,599

Other Benefits

210

243

Total Employee Benefits Payable within 12 months

95,824

88,908

 

 

 

Estimated Amount Payable after 12 months

 

 

Annual Leave

43,776

39,767

Long Service Leave a

104,435

93,376

Total Employee Benefits Payable after 12 months

148,211

133,143

 

 

 

Total Employee Benefits

244,035

222,051