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Annualised Salaries Sample Clauses

Annualised Salaries. (i) Annual salary instead of award provisions Notwithstanding any other provision of this Award, the employer and an employee may agree that the employer may pay the employee an annual salary in satisfaction of any or all payments arising under the following provisions of the Award: (a) Rates of Payclause 6 (Replaced by Clause 10 of this Agreement - What will I be paid?) (b) Use of Skillsclause 8 (Replaced by Subclause 12.3 of this Agreement - Use of Skills) (c) Performance Evaluation and Rewardclause 9 (Replaced by Xxxxxx 48 of this Agreement - What are the leave reserved provisions?) (d) Payment for Relief Duties/Work – clause 10 (Replaced by Clause 16 of this Agreement - What do I get paid if I work in another role?) (e) Salary Sacrifice – clause 13 (Replaced by Xxxxxx 17 of this Agreement - Can I salary sacrifice?) (f) Allowances, Additional Payments and Expensesclause 15 (Replaced by Clause 19 of this Agreement - (g) Residence – clause 17 (Replaced by Xxxxxx 44 of this Agreement - What are the Residence arrangements?) (h) Hours of Workclause 18 (Replaced by Xxxxxx 22 of this Agreement - What are my hours of work?) (i) Overtime – clause 19 (Replaced by Xxxxxx 24 of this Agreement - What will I be paid if I am required to work overtime?) (j) Holidays – clause 20 (Replaced by Clause 25 of this Agreement - Which days are public holidays?) (ii) Annual salary not to disadvantage employees (a) The annual salary must be no less than the amount the employee would have received under this Award 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 award provisions which are satisfied by the payment of the annual salary. (c) Employees shall not be denied the opportunity to apply for new or vacant positions as a result of the operation of this clause. (iii) An annual salary agreement must: (a) be in writing and signed by both parties; (b) state the date on which the arrangement commences; (c) be provided to the employee; (d) contain a provision that the employee will receive no less under the arrangement than the employee would have been entitled to if all award obligations had been met, taking account of the value of the provision of matters not comprehended by the award such as private use of an empl...
Annualised Salaries. (a) Annualised salary packages may apply on a voluntary basis for selected positions during the life of this Agreement. No employee is obliged to accept an annualised wage package. The terms upon which additional annualised wage packages will be introduced will be determined by agreement between the employer and the employee concerned. The employer reserves the right to assess which individual positions warrant annualised wage packages. (b) There will be a review of each annualised wage package position at the three month anniversary of the annualised wage package arrangement coming into place. Employees who are not satisfied with the annualised wage package arrangement at that three-month review have the option of reverting back to the pay and conditions otherwise provided by this Agreement. Current employees on annualised wage package arrangements, who are not satisfied with that arrangement may elect by giving one month’s written notice to change to applying the wage and conditions otherwise provided by this Agreement for the position held by the employee. (c) An employee who receives an annualised salary package in accordance with this clause will be entitled to an increase in his or her annualised salary package in accordance with the percentage increases specified in clause 5.3 at the times and subject to the conditions specified in that clause. (d) An employee who has entered into or who enters into a written annualised salary package arrangement with the employer shall have no entitlement to any allowance, any loading or penalty for overtime, any loading or penalty for work on Saturday, Sundays or public holidays or any loading in relation to the taking of or receipt of payment in relation to annual leave provided by this Agreement. (e) The employer must ensure that an employee who enters into a written annualised wage agreement with the employer shall not be worse off overall than had that written annualised wage packet arrangement and this Agreement not applied and shall review each such arrangement once annually to determine that this does not occur. Where it appears that the employee is worse off overall, the employer shall make up any difference between the remuneration of the employee and the entitlements of the employee had that written annualised salary package arrangement and this Agreement not applied. (i) The employer may terminate the annualised salary packet arrangement by giving 1 month’s written notice. (ii) The parties to any annual...
Annualised SalariesAT A GLANCE 8.7.1 Council will consider an annualised salary for those positions whereby fluctuation occurs considerably from week to week based on the number of hours worked and when the hours are worked. An annualised salary can create an environment where employees will work efficiently throughout the normal hours of work and assist in overtime arrangements where applicable. In addition, an annualised salary may be tailored to more flexible working hours and arrangements. 8.7.2 Annual salary instead of Agreement provisions Notwithstanding any other provision of this Agreement, Council and an employee may agree that Council may pay the employee an annual salary in satisfaction of any or all payments arising under the following provisions of the Agreement: 8.7.2.1 Rates of Pay – sub-clause 8.2 8.7.2.2 Higher Duties Pay – sub-clause 8.3 8.7.2.3 Salary Sacrifice – sub-clause 8.8 8.7.2.4 Allowances, Additional Payments and Expenses – sub-clause 8.9 8.7.2.5 Hours of Work – clause 11 8.7.2.6 Overtime – clause 15
Annualised Salaries. 42.1 A Determination will provide for the annualisation of salaries for Operators employed at Xxxxxx Creek System Control Centre.
Annualised Salaries. 16.1 The provision of the Award shall apply.
Annualised Salaries. (i) Notwithstanding anything to the contrary in this Agreement the parties may, in the process of developing this Agreement or during the term of this Agreement, review and annualise overtime and additional hours payments for individual staff or work groups on a cost neutral basis. (ii) The parties may similarly agree as part of the consultative process to review the continuing relevance of working arrangements or conditions upon which annualised salaries are based and the method by which salaries are to be adjusted if required. (iii) The approval of the Chief Executive is required for annualised salaries including the rate of aggregation.
Annualised Salaries. (i) Where the Company and an employee agree, an employee may be put on an annualised salary arrangement. (ii) In calculating an annualised salary under this sub-clause the following components must be taken into account:- A the employee’s ordinary time pay calculated in accordance with this Agreement. B the employee’s average overtime times calculated as an average over the preceding 12 month period; and C any work related allowance, loadings, penalty rate, and shift penalties applicable to the employee under this Agreement. (iii) Annualised salaries are paid on a monthly basis unless otherwise agreed between the employee and the Company. (iv) Upon the Company and an employee agreeing in writing to establish an annualised salary arrangement, the annualised salary may apply in lieu of all overtime, allowances, penalty rates, shift penalties or loadings provided by this Agreement. (v) Annualised salary reviews will normally take place every 12 months, or whenever significant changes in business occur which may impact on the overall operation of the site. (vi) The Company must ensure that an employee who enters into a written annualised wage agreement with the Company shall be better off overall compared to what they would have been paid had that employee been paid as an hourly paid employee under the terms of this Agreement. Salaried arrangements will be reviewed once annually to ensure employees are better off overall. The Company may also determine that the annualised wage arrangement should be cancelled. (vii) Employees on annualised salary arrangements who are not satisfied with these arrangements may approach the Company with a view to moving back to non-annualised pay conditions under the Agreement. The Company will not unreasonably refuse any request to move from being an annualised salary employee. (viii) Annualised salary reviews may result in the employee being paid either: A the percentage increase provided in clause 4.1(c) or B any other increase as determined by the Company. Prior to commencement of an annualised salary arrangement, the parties will agree in writing to the allowances, overtime, penalties and loadings to be replaced by the annualised salary arrangement.
Annualised Salaries. Annualised salaries has been agreed for employees who work an alternative work pattern (AWP) or shift work.
Annualised Salaries. Annualised salaries may be introduced for employees in parts of the operation during the life of this agreement. The terms upon which the annualised salaries will be introduced will be determined by agreement between the company, the employee and their representative if required.