18. Employee remuneration The Commission, as a Crown entity, is required to disclose certain remuneration information in its annual report. In essence, the information to be reported is the number of employees receiving total remuneration, excluding cessation payments, of $100,000 or more per annum. In compliance, the table below has been produced, which is in $10,000 bands to preserve the privacy of individuals. Because Commissioners are not employees of the Commission they have been excluded from the table. Remuneration of employees over $100,000 p.a. Total remuneration p.a. $100,000 – $110,000 Number of employees 2014 2013 5 4 $110,001 – $120,000 4 $120,001 – $130,000 2 $130,001 – $140,000 3 3 $140,001 – $150,000 1 2 $150,001 – $160,000 1 $160,001 – $170,000 1 $170,001 – $180,000 1 $180,001 – $190,000 $190,001 – $200,000 $200,001 – $210,000 1 $210,001 – $220,000 $220,001 – $230,000 $230,001 – $240,000 1 1 Cessation payments During the year ended 30 June 2014 payments totalling $494,000 were made to 13 employees in relation to their cessation of employment. Nine received redundancy as a result of the implementation of the new organisational structure and of those two received additional payments for settlement of employment related claims. A further four employees received payments for settlement of employment related claims only. (2013: 2 employees, total $48,300). 19. Events after the balance sheet date There have been no significant events after the balance sheet date (2013: the Commission was in a consultation phase of the organisational review and expected to implement a new organisational structure on 1 November 2013). 91