Salary Package Sample Clauses

Salary Package. (a) As the Centre has Public Benevolent Institution (PBI) status and is therefore exempt from Fringe Benefit Tax, the Centre offers its employees the option of “salary packaging”. This means payment by the Centre of an amount of money to a nominated third person or party.
Sample 1Sample 2
AutoNDA by SimpleDocs
Salary Package. 21.1.1 The ABC and an employee (or the employee’s representative) may negotiate a salary package to meet circumstances for a defined period where this Agreement does not provide sufficient flexibility to satisfy a particular activity.
Sample 1Sample 2
Salary Package. In addition to the employee’s current salary for the classification level (as described within the Queensland Local Government Officers’ Award (LGOA) the employee will paid an allowance as delineated in this Appendix for performing certain “call-out” work and for being available to undertake such work. The additional salary allowance also includes payment for allowances otherwise payable under the LGOA and/or Part 1 of this Agreement, and are indicated below The additional allowance will be paid as an annualised payment. The quantum of the annualised on- call/call-out allowance is calculated for each respective work area and is based on:  The weekly amount otherwise payable as an Availability or On-call Allowance under the Queensland Local Government Officers’ Award or Part 1 of this Agreement;  the estimated number of call outs per annum (refer to clause 7 of this Appendix); and  the number of Supervisors/Officers included in the on-call roster cycle. In the event that the roster cycle changes the allowance will be adjusted as per the salary spreadsheet at Attachment 1; and  Incident management and support. The annualised allowance includes the on-call allowance and recognises each call-out as being for a three-hour call-out period, on average, paid at double time.
Sample 1
Salary Package. The salary package will be as per table 1, which will be averaged out weekly over the year. The salary package will be adjusted in line the pay rises indicated in Part 1 of this Agreement. This salary package will be recognised as the employee’s salary for all purposes, including superannuation contributions. All existing employees will move to the Annual Salary rate of Level 3 Step 4 with effect from 1 July 2009: Table 1: Salary Package Classification* Annual Salary with effect from 1 July 2009 Level 3 Step 1 $75,764.61 Level 3 Step 2 $77,501.36 Level 3 Step 3 $79,289.20 Level 3 Step 4 $81,128.12 *depending on classification
Sample 1
Salary Package. The salary schedule below shall be the official salary schedule for all employees in the bargaining unit effective upon ratification of this Agreement and limited to the duration of this Agreement, except by mutual written consent of the parties. The yearly salary schedule index will be posted on the web and include Daily, ILC, Summer Teach and Extra Teach rates. Full-time Faculty Salary Schedule Step 2013-14 (Year 1) 2014-15 (Year 2) 2015-16 (Year 3) 2016-17 (Year 4) 2017-18 (Year 5) 2018-19 (Year 6) 0 87,055 87,924 90,213 92,019 1 83,306 83,306 84,138 86,328 88,056 2 79,719 79,719 80,515 82,611 84,264 3 76,286 76,286 77,048 79,054 80,635 4 73,001 73,001 73,730 75,650 77,163 5 69,858 69,858 70,555 72,392 73,840 6 66,850 66,850 67,517 69,275 70,660 7 63,971 63,971 64,610 66,292 67,617 8 61,217 61,217 61,828 63,437 64,705 9 58,580 58,580 59,166 60,705 61,919 10 56,057 56,057 56,618 58,091 59,253 11 53,644 53,644 54,180 55,589 56,701 12 51,334 51,334 51,847 53,195 54,259 B. Schedule Adjustments & Step Advancements
Sample 1
Salary Package. 1. An employee will advance to the next step in the employee’s salary range annually, subject to the following provisions:
Sample 1
Salary Package. (a) The Employer will:
Sample 1
AutoNDA by SimpleDocs
Salary Package. The following benefits are applicable this position and are based on the Shire of Narembeen Enterprise Agreement 2017 EBA - level 4A notes Cash Salary $ 63,190 Superannuation 9.5% $ 6,003 Superannuation matching (up to 5%) $ 3,160 This is based on a matching contribution up to a maximum of 5% Clothing $ 1,000 Staff housing $ 3,120 Leave loading (17% on 4 weeks leave) $ 851 Gym membership $ 132 Total package $ 77,456 GENERAL INFORMATION The Shire of Narembeen is one of the State’s leading agricultural regions and is the northern gateway to the world famous Wave Rock tourist icon. The Shire covers an area of 2,980kms2, with Shire east west boundary dimensions of approximately 125 kilometres. Narembeen is located 283kms south east of Perth where country living is at its best. Shire of Narembeen Summary Statistics Population – townsite approx 460 persons, Population – Shire approx 810 persons, South Kumminin (23kms south) and Mt Xxxxxx (42kms east), tourist attractions-Wadderin Wildlife Nature Reserve, Narembeen Ski Lake, Holleton Rock, Xxx Dam, Xxx Lookout, Wildflowers, length of sealed roads 287km, length of unsealed roads 1107 km, number of electors 586, number of dwellings 480, number of employees (FTE) 30. Medical: Hospital, Pharmacy, Dentist, Doctor, Occupational Therapist. Visiting – Diabetic Educator, Dietician, Podiatrist, Women’s GP Education: Narembeen District High School - Kindy to Year 10
Sample 1
Salary Package. The salary related to this position will be $41,738 p.a. plus 9.5% superannuation. (The full- time equivalent salary is $69,638 p.a. plus 9.5% superannuation).
Sample 1

Related to Salary Package

  • Salary Severance A single, lump sum payment equal to twelve (12) months of the Executive’s Salary, less applicable withholdings.

  • Salary and Bonus ii. Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • Salary Increases During the period of employment as provided in Paragraph 1(b) hereof, the base salary of the Executive shall be reviewed no less frequently than annually by the Board or the Compensation Committee of the Board to determine whether or not the same should be increased in light of the duties and responsibilities of the Executive and the performance thereof, and if it is determined that an increase is merited, such increase shall be promptly put into effect and the base salary of the Executive as so increased shall constitute the base salary of the Executive for purposes of Paragraph 3(a).

  • Car Allowance The Company shall provide the Executive an automobile allowance of $750 per month during the term of Executive’s employment hereunder.

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Specific Benefits During the term of this Agreement (and thereafter to the extent this Agreement shall require):

  • Salary; Bonus Executive will receive a salary during the Term of One Hundred and Seventy Thousand ($170,000) per year (“Base Compensation”), pro-rated for partial years, payable at regular intervals in accordance with the Company’s normal payroll practices in effect from time to time. Executive’s Base Compensation will be reviewed annually by the Company’s Board of Directors and Executive will be eligible for consideration for merit-based increases to Base Compensation as determined by the Board of Directors in its sole discretion. In addition to eligibility for consideration of merit-based increases in the discretion of the Board of Directors, Executive’s Base Compensation will be increased effective January 1 of each year during the Term (commencing with January 1, 2017) by three percent (3%) to reflect anticipated increases in cost of living.

  • Basic Salary (a) During the Employment the Company shall pay the Executive a Basic Salary of not less than £415,000 per annum. The Basic Salary shall accrue from day to day and be payable by credit transfer in equal monthly instalments in arrears on or around the 25th day of each calendar month or otherwise as arranged from time to time.

Time is Money Join Law Insider Premium to draft better contracts faster.