Annual salary not to disadvantage Employees Sample Clauses

Annual salary not to disadvantage Employees. (a) The annual salary must be no less than the amount the Employee would have received under Schedule B – General Staff Salaries for the work performed over the year for which the salary is paid (or if the employment ceases earlier over such lesser period as has been worked). (b) The annual salary of the Employee must be reviewed by the Employer at least annually to ensure that the compensation is appropriate having regard to the Agreement provisions which are satisfied by the payment of the annual salary.
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Annual salary not to disadvantage Employees. 19.8.2.1. The annual salary must be no less than the amount the employee would have received under this Agreement for the work performed over the year for which the salary is paid (or if the employment ceases earlier, over such lesser period as has been worked). 19.8.2.2. The annual salary of the employee must be reviewed by Council at least annually to ensure that the compensation is appropriate having regard to the Agreement provisions which are satisfied by the payment of the annual salary. 19.8.2.3. For the purposes of the NES, the base rate of pay of an employee receiving an annual salary under this clause comprises the portion of annual salary equivalent to the relevant rate of pay in clause 19.2 (Minimum Weekly Wages) and excludes any incentive-based payments, bonuses, loadings, monetary allowances, overtime and penalties.
Annual salary not to disadvantage Employees. (a) The annual salary must be no less than the amount the Employee would have received under this Agreement for the work performed over the year for which the salary is paid (or if the employment ceases earlier over such lesser period as has been worked). (b) The Employer will review the annual salary of the Employee at least annually, and also within any 12 month period upon the termination of the Employee’s employment or termination of the annualised salary agreement, to ensure that the annualised salary is sufficient to satisfy all amounts that would be payable to the Employee under this Agreement. If there is any shortfall, the Employer will pay the Employee within 14 days. (c) The Employer will keep timesheet records of the starting and finishing times, and any unpaid breaks taken, of each Employee subject to an annualised wage arrangement agreement for the purpose of compliance with this clause. The Employee will sign this record or acknowledge it as correct in writing (including by electronic means) each pay period or roster cycle.

Related to Annual salary not to disadvantage Employees

  • Compensation of Employees Compensate its employees for services rendered at an hourly rate at least equal to the minimum hourly rate prescribed by any applicable federal or state law or regulation.

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