In 2015, the Chief Executive of World Vision Australia, Tim Costello, received a salary of $298,000. His total remuneration after deducting long service leave was $281,000.
His salary remains well below the 10th percentile of general market rates.
As CEO of World Vision Australia, Tim leads Australia’s largest overseas aid and humanitarian organisation; an organisation that turns over $424 million per year.
Since joining World Vision in February 2004, Tim Costello has made an extraordinary contribution to international aid and development. His exceptional public profile has brought unprecedented attention to, and support for, not only World Vision's development work but to the profile of international aid and development in general.
Tim works an extraordinary number of hours to achieve these outcomes. His work demands extended hours, weekends and travel abroad, often to some of the most difficult parts of the world.
In addition, Tim is in high demand to appear at public speaking engagements. The revenue gathered from these engagements, along with book royalties and other CEO income, is directed back to World Vision Australia. In FY14, the CEO’s office returned $137,455 in revenue to World Vision Australia.