Common use of Annual Remuneration Clause in Contracts

Annual Remuneration. (a) Notwithstanding subclause 10.1, an Employee may elect to receive his or her annual remuneration as a combination of wages (payable in accordance with this clause) and benefits payable by the Employer. The sum total of such wages, benefits, Fringe Benefits Tax and Employer administrative charge will equal the appropriate rate of pay prescribed by Clause 9 - Wage Rates.

Annual Remuneration. (a) Notwithstanding subclause 10.1sub-clause 10.1 and 10.2 of this clause, an Employee employee may elect to receive his or her annual remuneration as a combination of wages (payable in accordance with this clause) and benefits payable by the Employeremployer. The sum total of such wages, benefits, Fringe Benefits Tax tax and Employer employer administrative charge will equal the appropriate rate of pay prescribed by Clause 9 - clause 9, Wage Rates.