Common use of Annualised Salaries Clause in Contracts

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 annualised salary package arrangement may agree to terminate that arrangement at any time.

Annualised Salaries. (ai) Annualised salary packages Where the Company and an employee agree, an employee may apply be put 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 packagessalary arrangement. (bii) 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 In calculating an annualised salary package under this sub-clause the following shall be taken into account:- A the employee’s ordinary time pay calculated in accordance with this clause will be entitled to Agreement. B the employee’s average overtime times calculated as an increase in his average over the preceding 12 month period; and C any all purpose work related allowances, loadings, penalties, or her annualised salary package in accordance with the percentage increases specified in clause 5.3 at the times and subject shift allowances applicable to the conditions specified in that clauseemployee under this Agreement. (diii) An Annualised salaries are paid on a monthly basis unless otherwise agreed between the employee who has entered into or who enters into a written and the Company. (iv) Upon the Company and an employee agreeing in writing to establish an annualised salary package arrangement with arrangement, the employer shall have no entitlement to any allowance, any loading or penalty for annualised salary will apply in lieu of all overtime, any loading allowances, penalty rates, shift allowances 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 loadings provided by this Agreement. (ev) A review of this annualised salary arrangement will take place every 4 weeks, or whenever significant changes in business occur which may impact on the overall operation of the site or at the request of the employee at any time. If found to have been paid lower, the employee will be back paid for the difference in the next pay period. (vi) The employer Company must ensure that an employee who enters into a written annualised wage agreement with the employer Company shall not be worse better off overall than compared to what they would have been paid had that written employee been paid as an hourly paid employee under the terms of this Agreement. Salaried arrangements will be reviewed 4 weekly to ensure employees are better off overall. The Company may also determine that the 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 appliedshould be cancelled. (ivii) 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 employer Company will not unreasonably refuse any request to move from being an annualised salary employee. (viii) Annualised salary reviews may terminate 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, shift allowances and loadings to be replaced by the annualised salary packet arrangement by giving 1 month’s written noticearrangement. (ii) The parties to any annualised salary package arrangement may agree to terminate that arrangement at any time.

Annualised Salaries. (ai) Annualised salary packages Where the Company and an employee agree, an employee may apply be put 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 packagessalary arrangement. (bii) 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 In calculating an annualised salary package under this sub-clause the following components must be taken into account:- A the employee’s ordinary time pay calculated in accordance with this clause will be entitled to Agreement. B the employee’s average overtime times calculated as an increase in his or her annualised salary package in accordance with average over the percentage increases specified in clause 5.3 at the times preceding 12 month period; and subject C any work related allowance, loadings, penalty rate, and shift penalties applicable to the conditions specified in that clauseemployee under this Agreement. (diii) An Annualised salaries are paid on a monthly basis unless otherwise agreed between the employee who has entered into or who enters into a written and the Company. (iv) Upon the Company and an employee agreeing in writing to establish an annualised salary package arrangement with arrangement, the employer shall have no entitlement to any allowance, any loading or penalty for annualised salary may apply in lieu of all overtime, any loading allowances, penalty rates, shift penalties 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 loadings provided by this Agreement. (ev) 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 employer Company must ensure that an employee who enters into a written annualised wage agreement with the employer Company shall not be worse better off overall than compared to what they would have been paid had that written annualised wage packet arrangement and employee been paid as an hourly paid employee under the terms of this Agreement not applied and shall review each such arrangement Agreement. Salaried arrangements will be reviewed once annually to ensure employees are better off overall. The Company may also 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 wage arrangement and this Agreement not appliedshould be cancelled. (ivii) 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 employer Company will not unreasonably refuse any request to move from being an annualised salary employee. (viii) Annualised salary reviews may terminate 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 packet arrangement by giving 1 month’s written noticearrangement. (ii) The parties to any annualised salary package arrangement may agree to terminate that arrangement at any time.

Annualised Salaries. (ai) Annualised salary packages Where the Company and an employee agree, an employee may apply be put 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 packagessalary arrangement. (bii) 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 In calculating an annualised salary package under this sub-clause the following components will be taken into account:- A the employee’s ordinary time pay calculated in accordance with this clause will be entitled to Agreement. B the employee’s average overtime times calculated as an increase in his average over the preceding 12 month period; and C any work related allowances, loadings, or her annualised salary package in accordance with the percentage increases specified in clause 5.3 at the times and subject penalties, or shift allowances applicable to the conditions specified in that clauseemployee under this Agreement. (diii) An Annualised salaries are paid on a monthly basis unless otherwise agreed between the employee who has entered into or who enters into a written and the Company. (iv) Upon the Company and an employee agreeing in writing to establish an annualised salary package arrangement with arrangement, the employer shall have no entitlement to any allowance, any loading or penalty for annualised salary will apply in lieu of all overtime, any loading allowances, penalty rates, shift penalties 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 loadings provided by this Agreement. (ev) A review of this annualised salary arrangement will take place every 4 weeks, or whenever significant changes in business occur which may impact on the overall operation of the site or at the request of the employee at any time. If found to have been paid lower the Agreement, the employee will be back paid for the difference in the next period. (vi) The employer Company must ensure that an employee who enters into a written annualised wage agreement with the employer Company shall not be worse better off overall than compared to what they would have been paid had that written annualised wage packet arrangement and employee been paid as an hourly paid employee under the terms of this Agreement not applied and shall review each such arrangement Agreement. Salaried arrangements will be reviewed once annually to ensure employees are better off overall. The Company may also 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 wage arrangement and this Agreement not appliedshould be cancelled. (ivii) The employer may terminate If an employee or the Company is not satisfied with the annualised salary packet arrangement by giving 1 month’s written noticearrangements at that review, the employee may be reverted back to the pay conditions under the Agreement, or to another mutually agreeable system that allows for the spirit and intention of this Agreement to be met fully. (iiviii) The parties Company will not unreasonably refuse any request to any move from being an annualised salary package arrangement employee. (ix) 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 terminate that arrangement at any timethe allowances, penalties and loadings to be replaced by the annualised salary arrangement.

Annualised Salaries. (ai) Annualised salary packages Where the Company and an employee agree, an employee may apply be put 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 packagessalary arrangement. (bii) 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 In calculating an annualised salary package under this sub-clause the following shall be taken into account:- A the employee’s ordinary time pay calculated in accordance with this clause will be entitled to Agreement. B the employee’s average overtime times calculated as an increase in his average over the preceding 12 month period; and C any work related allowances, loadings, penalties, or her annualised salary package in accordance with the percentage increases specified in clause 5.3 at the times and subject shift allowances applicable to the conditions specified in that clauseemployee under this Agreement. (diii) An Annualised salaries are paid on a monthly basis unless otherwise agreed between the employee who has entered into or who enters into a written and the Company. (iv) Upon the Company and an employee agreeing in writing to establish an annualised salary package arrangement with arrangement, the employer shall have no entitlement to any allowance, any loading or penalty for annualised salary will apply in lieu of all overtime, any loading allowances, penalty rates, shift allowances 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 loadings provided by this Agreement. (ev) A review of this annualised salary arrangement will take place every 4 weeks, or whenever significant changes in business occur which may impact on the overall operation of the site or at the request of the employee at any time. If found to have been paid lower, the employee will be back paid for the difference in the next pay period. (vi) The employer Company must ensure that an employee who enters into a written annualised wage agreement with the employer Company shall not be worse better off overall than compared to what they would have been paid had that written employee been paid as an hourly paid employee under the terms of this Agreement. Salaried arrangements will be reviewed 4 weekly to ensure employees are better off overall. The Company may also determine that the 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 appliedshould be cancelled. (ivii) 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 employer Company will not unreasonably refuse any request to move from being an annualised salary employee. (viii) Annualised salary reviews may terminate 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, shift allowances and loadings to be replaced by the annualised salary packet arrangement by giving 1 month’s written noticearrangement. (ii) The parties to any annualised salary package arrangement may agree to terminate that arrangement at any time.

Annualised Salaries. (ai) Annualised salary packages Where the Company and an employee agree, an employee may apply be put 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 packagessalary arrangement. (bii) 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 In calculating an annualised salary package under this sub-clause regard shall be had taken of the following components:- A the employee’s ordinary time pay calculated in accordance with this clause will be entitled to Agreement. B the employee’s average overtime time calculated as an increase in his average over the preceding 12 month period; and C any work related allowances, penalties, shift allowances or her annualised salary package in accordance with the percentage increases specified in clause 5.3 at the times and subject loadings applicable to the conditions specified in that clauseemployee under this Agreement. (diii) An Annualised salaries are paid on a monthly basis unless otherwise agreed between the employee who has entered into or who enters into a written and the Company. (iv) Upon the Company and an employee agreeing in writing to establish an annualised salary package arrangement with arrangement, the employer shall have no entitlement to any allowanceannualised salary will apply in lieu of all allowances, any loading penalties, shift allowances 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 loadings provided by this Agreement. (ev) 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 employer Company must ensure that an employee who enters into a written annualised wage agreement with the employer Company shall not be worse better off overall than compared to what they would have been paid had that written annualised wage packet arrangement and employee been paid as an hourly paid employee under the terms of this Agreement not applied and shall review each such arrangement Agreement. Salaried arrangements will be reviewed once annually to ensure employees are better off overall. The Company may also 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 wage arrangement and this Agreement not appliedshould be cancelled. (ivii) 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 employer Company will not unreasonably refuse any request to move from being an annualised salary employee. (viii) Annualised salary reviews may terminate 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. (ix) Prior to commencement of an annualised salary arrangement, the parties will agree in writing to the allowances, penalties and loadings to be replaced by the annualised salary packet arrangement by giving 1 month’s written noticearrangement. (ii) The parties to any annualised salary package arrangement may agree to terminate that arrangement at any time.

Annualised Salaries. (a) Annualised salary packages Only by initiation and agreement with the employee, the company may apply on a voluntary basis for selected positions during the life of this Agreement. No employee is obliged to accept implement an annualised wage packagesalary arrangement. The terms upon which additional annualised wage packages will be introduced will be determined by agreement between the employer and If the employee concernedagrees to this, they shall then be an ‘annualised salary employee’. The employer reserves This does not prevent the right Company from offering an annualised salary 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 prospective employee. (cb) An employee who receives In calculating an annualised salary package under this sub-clause regard shall be had taken of the following components:- (i) the employee’s ordinary time pay calculated 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 clauseAgreement. (ii) the employee’s average overtime calculated as an average over the preceding 12 month period; and (iii) any penalty rates and work related allowances applicable to the employee under this Agreement. c) Annualised salaries are paid on a monthly basis unless otherwise agreed between the employee and the Company. d) An Upon the company and an employee who has entered into or who enters into a written agreeing in writing to establish an annualised salary package arrangement with arrangement, the employer shall have no entitlement to annualised salary may apply in lieu of any allowanceand all allowances, any loading penalties, overtime 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 loadings provided by this Agreement. (e) 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. If an employee or the Company is not satisfied with the annualised salary arrangement at that review, the employee may be reverted back to the non-annualised pay conditions under this Agreement or to another mutually agreeable system that allows for the spirit and intention of this Agreement to be met fully. f) The employer Company must ensure that an employee who enters into a written annualised wage agreement with the employer Company shall not be worse better off overall than compared to what they would have been paid had that written annualised wage packet arrangement and employee been paid as an hourly paid employee under the terms of this Agreement not applied and shall review each such arrangement Agreement. Salaried arrangements will be reviewed once annually to ensure employees are better off overall. The Company may also determine that this does the annualised wage arrangement should be cancelled. g) Employees on annualised salary arrangements who are not occursatisfied with these arrangements may approach the Company with a view to moving back to non-annualised pay conditions under the Agreement. Where it appears that The Company will not unreasonably refuse any request to move from being an annualised salary employee. h) Annualised salary reviews may result in 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.being paid either: (i) The employer may terminate the annualised salary packet arrangement by giving 1 month’s written notice.percentage increase provided in cl. 28)c); or (ii) The parties any other increase as determined by the Company. i) Prior to any commencement of an annualised salary package arrangement may arrangement, the parties will agree in writing to terminate that arrangement at any timethe allowances, penalties and loadings to be replaced by the annualised salary arrangement.