The Executive Committee is our chief decision-making body and is comprised of all senior executive service officers, including a representative from the ROC. Membership is shown at Entity overview.
The committee evaluates, approves and monitors strategic, operational and financial plans to achieve a high standard of professional and ethical conduct, financial accountability and risk management.
Monthly meetings are scheduled and meeting outcomes are distributed to staff via the intranet.
The Executive Committee is supported by the following sub-committees:
- Strategic Investments and Technology, which provides strategic governance for major IT and capital expenditure projects
- Information and Data Governance, which oversees the information governance and data governance frameworks.
The Audit Committee provides independent assurance to the Fair Work Ombudsman as the accountable authority on the FWO’s and ROC’s financial and performance reporting, risk management framework, internal control systems, and legislation and policy compliance.
In 2016–17, the Audit Committee comprised two independent members (including the Chair) and one senior officer from the FWO. During the period, the committee considered internal reviews of:
- conflict of interest management
- human resources delegations
- financial payment processes
- taxation arrangements.
Health and Safety Committee
The Health and Safety Committee reviews and provides recommendations for matters involving work health and safety, including implementing preventative initiatives and reporting on relevant legislation. Work health and safety outcomes are outlined at Workforce management.
Organisational goals are set out in a corporate plan and the FWO Strategic Intent. Based on this, each business area developed business plans with performance measures. These business plans provide a link between strategic goals and individual performance plans.
Plans are regularly updated to reflect priority shifts and performance against the plans is monitored by senior management and scrutinised by a range of external stakeholders.
Risk and fraud management
A risk management framework facilitates the identification and management of risks across operational and corporate areas, and informs the internal audit plan. Owners are assigned risks, and controls and treatments are identified through a risk register, which is reviewed every quarter by the Executive Committee.
Following consultation, an internal audit plan was developed for 2016–19 which targets identified risk areas. The Audit Committee reviews the plan and risk information.
The Protective Security Policy Framework provides controls for the Australian Government to protect its people, information and assets at home and overseas. Our security requirements are managed by a security team consisting of an Agency Security Advisor, IT Security Advisor, Security Director and Executive Directors. We have a number of security policies and procedures in place.
Fraud controls and investigations
Our 2016–18 Fraud Control Plan and risk assessment enables us to manage and monitor identified fraud risks through prevention, detection and response initiatives.
All reasonable measures were taken to minimise fraud risk and to investigate and recover the proceeds of fraud against the FWO and the ROC.
There were no known or suspected cases of significant fraud committed against either body in 2016–17.