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Summary:
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Attraction and retention loadings may be offered to either attract potential employees to vacant positions, or retain the services of an existing employee where:
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there are clearly demonstrable difficulties in attracting suitably qualified employees to particular positions within the prevailing market conditions;
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there is a high turnover of employees and higher salaries being paid elsewhere for the particular occupational group have been documented as being a significant contributing factor; or
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there is a clearly demonstrable need to retain a high performing employee who consistently and significantly exceeds agreed objectives, targets and/or key performance indicators, where the loss of such an employee would have a significant impact on the productivity and performance of the faculty or section.
A proposal for an application of attraction or retention loadings must be prepared by the Category 4 Delegate or above and include evidence of:
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recruitment experience in the area;
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documentation of other relevant market factors, eg turnover of employees, data from relevant external markets and/or comparable Universities;
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in the case of retention, the employee's performance and implications of the loss of the employee; and
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the recommended level of the loading and proposed source of funds (ie cost centre's capacity to pay the allowance).
Other than in exceptional circumstances, salary loadings will not exceed 20% of the current base annual salary of the position and will normally be offered for no more than 12 months in the first instance. Loadings are approved by Category 3 Delegates or above.
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