Flexible remuneration packaging. (1) An employee may elect to sacrifice salary for non‑monetary benefits. (2) The employee must pay fringe benefits tax and administrative costs incurred because of the election. (3) For more information about flexible remuneration packaging, employees should consult: for AGS employees – the AGS Employment Handbook; and for other employees – the AGD Employee Relations Advice Salary Packaging Policy and Procedures.
Appears in 3 contracts
Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement
Flexible remuneration packaging. (1) An employee may elect to sacrifice salary for non‑monetary benefits.
(2) The employee must pay fringe benefits tax and administrative costs incurred because of the election.
(3) For more information about flexible remuneration packaging, employees should consult: for AGS employees – the AGS Employment Handbook; and for other employees – consult the AGD Employee Relations Advice Salary Packaging Policy and Procedures.
Appears in 3 contracts
Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement
Flexible remuneration packaging. (1) An employee may elect to sacrifice salary for non‑monetary non-monetary benefits.
(2) The employee must pay fringe benefits tax and administrative costs incurred because of the election.
(3) For more information about flexible remuneration packaging, employees should consult: for AGS employees – the AGS Employment Handbook; and for other employees – consult the AGD Employee Relations Advice Salary Packaging Policy and Procedures.
Appears in 2 contracts
Samples: Enterprise Agreement, Enterprise Agreement
Flexible remuneration packaging. (1) An employee may elect to sacrifice salary for non‑monetary non-monetary benefits.
(2) The employee must pay fringe benefits tax and administrative costs incurred because of the election.
(3) For more information about flexible remuneration packaging, employees should consult: :
(a) for AGS employees – the AGS Employment Handbook; and and
(b) for other employees – the AGD Employee Relations Advice Salary Packaging Policy and Procedures.
Appears in 2 contracts
Samples: Enterprise Agreement, Enterprise Agreement
Flexible remuneration packaging. (
1) . An employee may elect to sacrifice salary for non‑monetary non-monetary benefits.
(2) . The employee must pay fringe benefits tax and administrative costs incurred because of the election.
3. Where employees take up the option of salary packaging on a ‘salary sacrifice’ basis, the employee’s salary for purposes of superannuation, severance and termination payments (3and other purposes) For more information about flexible remuneration packaging, employees should consult: for AGS employees – will be determined as if the AGS Employment Handbook; and for other employees – the AGD Employee Relations Advice Salary Packaging Policy and Proceduressalary sacrifice arrangements had not been entered into.
Appears in 1 contract
Samples: Enterprise Agreement
Flexible remuneration packaging. (1) An employee may elect to sacrifice salary for non‑monetary benefits.
(2) . The employee must pay fringe benefits tax and administrative costs incurred because of the election.
(3) . For more information about flexible remuneration packaging, employees should consult: for AGS employees – the AGS Employment Handbook; and for other employees – consult the AGD Employee Relations Advice Salary Packaging Policy and ProceduresPackaging.
Appears in 1 contract
Samples: Enterprise Agreement
Flexible remuneration packaging. (1) An employee may elect to sacrifice salary for non‑monetary non-monetary benefits.
(2) The employee must pay fringe benefits tax and administrative costs incurred because of the election.
(3) For more information about flexible remuneration packaging, employees should consult: for AGS employees – the AGS Employment Handbook; and for other employees – consult the AGD Employee Relations Advice Salary Packaging Policy and Procedures.. Division 3.4 Superannuation
Appears in 1 contract
Samples: Enterprise Agreement