Annualised Salary Clause Samples
An Annualised Salary clause defines an employee's total yearly compensation as a fixed sum, rather than calculating pay based on hours worked each pay period. This arrangement typically covers all standard wages, overtime, and certain allowances, with the total amount divided into regular payments throughout the year. By consolidating various pay components into a single annual figure, the clause simplifies payroll administration and provides employees with predictable, consistent income, while also ensuring compliance with minimum wage and entitlements.
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Annualised Salary. In respect of annualised salaries, the Australian Industrial Relations Commission recommended that the calculation of annualised salaries should be fair and equitable in the context of Awards and Agreements and that the Translation Review Committee, to be established by the Department as part of the implementation process, should discuss areas where concerns are held. Annualised salaries include salaries which are “rolled up” and may include payments in lieu of overtime, allowances, loading for private practice payments, etc. SCHEDULE B – PARENTAL LEAVE
Annualised Salary. The annualised salaries listed in clause 10.1 above are all inclusive and in satisfaction of:
(a) all ordinary hours worked;
(b) all overtime hours or weekend hours worked;
(c) public holidays and associated penalty rates; and
(d) shift loadings.
Annualised Salary. Your base salary includes compensation for all entitlements, benefits or payments that might otherwise be due under any industrial instrument that may apply to Your employment including overtime, penalty payments for out of hours work and working weekends and public holidays, and any other loadings, penalties, overtime or allowances. Accordingly, You will not be paid any special rates or allowances for working particular times or under particular conditions unless otherwise agreed in writing.
Annualised Salary. (a) The Company may pay Employees working a Continuous Roster an Annualised Salary for the purpose of providing consistent fortnightly earnings.
(b) The Annualised Salary is calculated by the Company to include all of the Employee’s entitlements under this Agreement, including overtime, applicable all-purpose allowances, loadings, penalty rates and public holidays.
(c) Any entitlement to flat rate allowances provided under this Agreement will be payable to an Employee in addition to their Annualised Salary.
(d) The Annualised Salary is calculated on the actual roster worked and will change accordingly if an Employee’s roster changes or if the relevant entitlements change.
(e) The Annualised salary does not include payment for unrostered overtime worked outside the Continuous Roster. The Company will pay employees for unrostered overtime in accordance with clause 10.1 of this Agreement.
(f) The annualised salary agreement will be recorded in writing with a copy given to the employee and kept as a time and wages record.
(g) The annualised salary will be no less than the amount the employee would have received under the Agreement for the work performed over the year for which the salary is paid (or if the employment ceases or the agreement terminates earlier, over such lesser period as has been worked).
(h) The Company will each 12 months from the commencement of the annualised salary arrangement or, within any 12 month period upon the termination of employment of the employee, calculate the amount of remuneration that would have been payable to the employee under the provisions of the Agreement over the relevant period and compare it to the amount of the annualised salary actually paid to the employee. Where the latter amount is less than the former amount, the Company will pay the employee the amount of the shortfall within 14 days.
(i) The Company will keep a record of the starting and finishing times of work, and any unpaid breaks taken, of each employee subject to an annualised salary arrangement for the purpose of undertaking the comparison. This record will be signed by the employee, or acknowledged as correct in writing (including by electronic means) by the employee, each pay period or roster cycle.
Annualised Salary. This is the method of paying employees an all-inclusive salary rather than paying base wages with separate payments for overtime and other allowances and penalties etc.
Annualised Salary. Employees shall receive an annualised salary payable in fortnightly instalments by direct debit into a financial institution account of the Employee’s choice. Payments will be made no later than Wednesday of pay week.
Annualised Salary. 4.1. For the purposes of this Agreement payment has been annualised taking into account: • Base salary • Provision for payment for public holidays other than those nominated in clause 36.10. • Waste Depot Roster Index • Annualised overtime component of 3.67 hours per week • Penalty rates • Disability allowance • Location allowance (where applicable) • Travelling allowance • On-call allowance (Team Leader) • Change to work practices 2010
Annualised Salary. 28.1. Waste Collection Operators will continue to receive an annualised salary. The components of the annualised salary will be as set out in Schedule C – Waste Services Preserved Conditions. Part 7 - RECREATION SERVICES TRACTOR OPERATORS
Annualised Salary a) The calculation of a NSWIS Employee’s Salary in accordance with Schedule 1 covers all incidences of a NSWIS Employee’s employment including, but not limited to penalties, loadings, allowances (other than those referred to below, in clause 8.1(b) and elsewhere in this Agreement), additional hours worked, travel time, work outside normal business hours, overtime, work performed on public holidays, and leave loading. Allowances excluded from the operation of this clause are those which are payable for additional responsibilities and are listed elsewhere in this Agreement.
b) Allowances are payable in addition to the Salary where those allowances represent payment for work done by a NSWIS Employee at a higher level than that which they are employed pursuant to.
c) The Salary amounts specified in Schedule 1 constitute the totality of amounts payable to a Staff Member exclusive of Compulsory Superannuation Contributions.
d) The Compulsory Superannuation Contribution is calculated on the total Salary stated in
e) The Salaries prescribed in Schedule 1:
i) Will increase from 1 January in each year of the term of this Agreement; where
ii) The amount of that increase is prescribed in Schedule 1.
f) The increases to Salary and related allowances take into account scheduled increases to Compulsory Superannuation Contributions rising to 12 per cent on 1 July 2025. In the event that this increase does not come into effect, then the Salaries in Schedule 1 shall increase by 4% in the same year(s) instead of the percentage stated in Schedule 1.
Annualised Salary be nominated by the relevant workgroup Supervisor and/or Manager, after assessing the individuals’ capacity and competency to undertake this role. All Rostered Operational Employees shall work a reasonable amount of overtime per annum. Typically 60-120 hours per annum is expected. However, no more than 200 hours per annum may be worked by an employee without prior approval of the General Manager. In approving overtime over and above 200 hours per annum, OH&S and work/life balance issues will be taken into consideration.