Annualised Salary Sample Clauses

Annualised Salary. The annualised salaries listed in clause 10.1 above are all inclusive and in satisfaction of:
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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 BPARENTAL LEAVE
Annualised Salary. (a) The Company may pay Employees working a Continuous Roster an Annualised Salary for the purpose of providing consistent fortnightly earnings.
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. 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. 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. Salaries will be paid in accordance with Table 1 below and shall be payable in the first full pay period to commence on or after the date of certification. All subsequent increases will also be paid in accordance with Table 1 below and shall be payable in the first full pay period to commence 1 and 2 years after the date of certification respectively. Earnings will take the form of an Annualised Salary, paid weekly into an employee’s nominated bank account or other account. This salary takes into account all obligations on the Company to make payments to employees under any award or agreement that may apply. Deductions for income tax and superannuation are automatically made. Employees on a 7 day roster will be required to work on all Public Holidays that fall on a rostered workday, with the exception of the 25th December and the 26th December. The average number of public holidays rostered for work is nominated under Clause 14, Xxxxxx and Hours of Work for each roster. An appropriate amount has been included in the Annualised Salary to compensate for this requirement. Employees may be required to work any of the rosters defined in Clause 14, Rosters and Hours of Work. The Annualised Salary will be paid in accordance with the shift roster that the employee is required to work. Subject to customer or Company requirements, employees may be required to work an alternate roster to that described in this Agreement. In this case, the Annualised Salary will be reviewed and agreed between the parties. The Annualised Salaries (outlined in table 1 below) are made up of: − Base Ordinary Hours (35 hours per week) (hourly rates outlined in table 2 below) − Rostered Overtime − Annual Productivity BonusAnnual Leave LoadingPublic Holidays worked that fall on rostered work daysAll other allowances plus any payment for any additional duty or responsibility imposed or any inconvenience encountered through strict observance by employees of the provisions of the Explosives Act, and Coal Mining Award, and working with products such as dust and handling dangerous materials. Table 1: Annualised Salaries 7 Day 12 Hr Shifts New Starter Bench Assistant MMU Operator Shotfirer Team Leader On Certification Year 1 $73,473.18 $76,412.11 $86,279.82 $89,731.02 $95,651.33 $100,934.52 $103,244.07 $99,477.38 $104,971.90 $107,373.84 Year 2 3% or CPI 3% or CPI 3% or CPI 3% or CPI 3% or CPI 5 Day 10 Hr Shifts New Starter Bench Assistant MMU Operator Shotfirer Team Leader On Certificatio...
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Annualised Salary a. The following table details the annualised salary as specified in clause 19 of this agreement. On Approval 12 MONTHS FROM APPROVAL 24 MONTHS FROM APPROVAL Operator 1 $64,385.00 $67,282.33 $70,310.03 Operator 2 $67,282.94 $70,310.67 $73,474.65 Operator 3a $69,858.37 $73,002.00 $76,287.09 Operator 3b $71,146.08 $74,347.65 $77,693.29 Operator 4 $75,254.16 $78,640.60 $82,179.42 Coordinator $84,574.10 $88,379.93 $92,357.03 Controller $93,463.79 $97,669.66 $102,064.79
Annualised Salary. (Full time/Permanent Employee - Not Applicable to Casual Employees) The payment of wages on a weekly basis for full time employees is inclusive of a payment designed to compensate employees for the potential to work up to an average of 8.35 additional hours per week, Monday to Friday or Sunday to Thursday. However, the number of additional hours that is actually worked by an employee is not predetermined and will vary according to work load. The full potential additional hour’s payment will be paid to an employee regardless of whether they actually work up to and including 8.35 additional hours a week. Where an employee works less than 8.35 additional hours a week, the proportion of the potential additional hours payment relating to the shortfall will be regarded as an ex gratia payment to the employee. The average of 8.35 potential additional hours per week has been estimated on the basis of: An employee being available (but not necessarily required) to work 2 hours a day for each available weekday shift, exclusive of RDO’s, public holidays and annual leave in any 52-week year and those hours being paid at time and a half. The following calculation determines the value of the potential additional hours’ payment for each skill level. Weeks: Per Annum 52 Weeks: Annual Leave 4 Weeks: Public Holiday 2 Weeks: R.D.O 2.6 Total available weeks for Overtime: 43.4 weeks Total weekdays in 217 days Total Time and Half O.T hours at 2 per day: 434 hours Hence dividing 434 potential additional hours at time and a half by 52 pay weeks in a year, provides a Potential Additional Hours Payment of 8.35 hours at time and a half per week. The annualised salary will comprise of a fixed payment of 38 normal time hours plus 8.35 hours at time and a half (See Table 2 clause 12 for Potential Additional Hours Payment).
Annualised Salary. (a) An annualised salary will be paid based on an average of 38 hours per week in accordance with the agreed roster. The calculation for the annualised salary includes compensation for all ordinary hours, shift penalties (as per Clause 2(d) of this Schedule); any applicable personal over award and annual leave loading. Pay increases in accordance with clause 17.5 of this agreement shall apply to the annualised salary rate.
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