Do you want a well-paid government job in a prize-winning workplace that offers big bonuses to most staff?
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The Future Fund Management Agency in Melbourne is hiring two mid-level investment analysts, and the potential rewards are immense.
But you'd best apply quickly. It does not recruit often because it does not need to: its 90 staff are among the happiest in the federal public service, and they barely ever take a day off.
The agency was responsible for paying the bureaucracy's biggest performance bonuses last year, including a $633,216 payment to one of its senior executives.
However, this was no one-off: the average bonus paid to 56 senior staff in 2012-13 was $140,192. Even the 34 lower-level officers who pocketed a bonus were paid, on average, $10,218.
The agency also employs what appears to be Australia's highest-paid public servant: one unnamed executive earned a total remuneration package of $1,110,355, including a salary of $548,595, a performance bonus of $536,760 and superannuation of $25,000.
That is far more than the salary packages of government department heads, and even eclipses Reserve Bank governor Glenn Stevens' remuneration last year of $1,025,713.
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Perhaps unsurprisingly, the Future Fund Management Agency's staff are quite attached to their work.
Global market research firm ORC International named it as one of the Asia-Pacific's top employers in 2012, noting its "excellent employee engagement practices".
The agency also had an extraordinary low absenteeism rate last year of less than 2 per cent.
Unlike most government workplaces, none of its staff are employed under an enterprise agreement: they all signed Australian workplace agreements or common-law contracts.
Most employees' pay comprises three components: a fixed salary (plus superannuation), a bonus based on their personal performance at work and a bonus based on how the investments they oversee perform.
The fund's annual report says this system "allows for the attraction and retention of appropriately skilled and experienced employees in a marketplace in which there is a high level of demand for the skills of agency employees".
The Future Fund was set up in 2006 to help offset the growing cost of federal public servants' superannuation pensions. It now manages about $97.6 billion of investments.
