Common use of Salary Packaging Clause in Contracts

Salary Packaging. 31.1 An Employee is entitled to salary package the current salary specified in Appendix 2 in accordance with the Employer’s policy. The Employer will maintain a salary packaging policy (which may be through an external provider). 31.2 The Employee will compensate the Employer from within their salary for any Fringe Benefits Tax (FBT) incurred as a consequence of the Employee’s requested salary packaging arrangement. Where the Employee chooses not to pay any of the costs associated with their salary packaging, the Employer may cease the Employee's salary packaging arrangements. 31.3 The Employee may elect to convert the amount packaged (or part) to salary for any reason, including where salary packaging ceases to be an advantage to the Employee because of subsequent changes to FBT legislation. Any costs associated with the conversion to salary will be borne by the Employee and the Employer will not be liable to make up any benefit lost as a consequence of an Employee's decision to convert to salary. 31.4 The Employee will be responsible for all costs associated with the administration of their salary packaging arrangements, provided that such costs will be confined to reasonable commercial charges as levied directly by the external salary packaging provider and/or in-house payroll service (as applicable), as varied 31.5 Employees who are considering salary packaging should seek independent financial advice. The Employer will not be responsible for the cost or outcome of any such advice. 31.6 Superannuation contributions paid by the Employer into an approved Fund will be calculated on the Employee’s pre-packaged rate of pay.

Appears in 3 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement

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Salary Packaging. 31.1 An Employee is entitled may elect to salary package the current salary specified in Appendix 2 in accordance with the Employer’s policy. The Employer will maintain a salary packaging policy (which may be through an external provider). 31.2 The Employee will compensate the Employer from within their salary salary, for any Fringe Benefits Tax (FBT) incurred as a consequence of the Employee’s requested salary packaging arrangement. Where the Employee chooses not to pay any of the costs associated with their salary packaging, the Employer may cease the Employee's salary packaging arrangements. 31.3 The Employee may elect to convert the amount packaged (or part) to salary for any reason, including where salary packaging ceases to be an advantage to the Employee because of subsequent changes to FBT legislation. Any costs associated with the conversion to salary will be borne by the Employee and the Employer will not be liable to make up any benefit lost as a consequence of an Employee's decision to convert to salary. 31.4 The Employee will be responsible for all costs associated with the administration of their salary packaging arrangements, provided that such costs will be confined to reasonable commercial charges as levied directly by the external salary packaging provider and/or in-house payroll service (as applicable), as variedvaried from time to time. 31.5 Employees who are considering salary packaging should seek independent financial advice. The Employer will not be responsible for the cost or outcome of any such advice. 31.6 Superannuation contributions paid by the Employer into an approved Fund will be calculated on the Employee’s pre-packaged rate of pay.. 32 Accident Make-up Pay 32.1 Entitlement to accident make-up pay

Appears in 2 contracts

Samples: Enterprise Agreement, Biomedical Engineers (Victorian Public Sector) Enterprise Agreement 2022 2023

Salary Packaging. 31.1 An Employee is entitled to salary package the current salary specified in Appendix 2 in accordance with the Employer’s policy. The Employer will maintain a salary packaging policy (which may be through an external provider). 31.2 The Employee will compensate the Employer from within their salary for any Fringe Benefits Tax (FBT) incurred as a consequence of the Employee’s requested salary packaging arrangement. Where the Employee chooses not to pay any of the costs associated with their salary packaging, the Employer may cease the Employee's salary packaging arrangements. 31.3 The Employee may elect to convert the amount packaged (or part) to salary for any reason, including where salary packaging ceases to be an advantage to the Employee because of subsequent changes to FBT legislation. Any costs associated with the conversion to salary will be borne by the Employee and the Employer will not be liable to make up any benefit lost as a consequence of an Employee's decision to convert to salary. 31.4 The Employee will be responsible for all costs associated with the administration of their salary packaging arrangements, provided that such costs will be confined to reasonable commercial charges as levied directly by the external salary packaging provider and/or in-house payroll service (as applicable), as varied from time to time. The Employer will notify the Employee where the charges levied are varied. 31.5 Employees who are considering salary packaging should seek independent financial advice. The Employer will not be responsible for the cost or outcome of any such advice. 31.6 Superannuation contributions paid by the Employer into an approved Fund will be calculated on the Employee’s pre-packaged rate of pay.

Appears in 2 contracts

Samples: Enterprise Agreement, Enterprise Agreement

Salary Packaging. 31.1 ‌ 28.1 An Employee is entitled may elect to salary package the current salary specified in Appendix 2 in accordance with the Employer’s 's policy. The Employer will maintain a salary packaging policy (which may be through an external provider). 31.2 28.2 The Employee will compensate the Employer from within their salary salary, for any Fringe Benefits Tax (FBT) incurred as a consequence of the Employee’s requested 's salary packaging arrangement. Where the Employee chooses not to pay any of the costs associated with their salary packaging, the Employer may cease the Employee's salary packaging arrangements. 31.3 28.3 The Employee may elect to convert the amount packaged (or part) to salary for any reason, including where salary packaging ceases to be an advantage to the Employee because of subsequent changes to FBT legislation. Any costs associated with the conversion to salary will be borne by the Employee and the Employer will not be liable to make up any benefit lost as a consequence of an Employee's decision to convert to salary. 31.4 28.4 The Employee will be responsible for all costs associated with the administration of their salary packaging arrangements, provided that such costs will be confined to reasonable commercial charges as levied directly by the external salary packaging provider and/or in-in- house payroll service (as applicable), as variedvaried from time to time. 31.5 28.5 Employees who are considering salary packaging should seek independent financial advice. The Employer will not be responsible for the cost or outcome of any such advice. 31.6 28.6 Superannuation contributions paid by the Employer into an approved Fund will be calculated on the Employee’s 's pre-packaged rate of pay.

Appears in 1 contract

Samples: Enterprise Agreement

Salary Packaging. 31.1 An Employee is entitled to salary package the current salary specified in Appendix 2Appendix 2 in accordance with the Employer’s policy. The Employer will maintain a salary packaging policy (which may be through an external provider). 31.2 The Employee will compensate the Employer from within their salary for any Fringe Benefits Tax (FBT) incurred as a consequence of the Employee’s requested salary packaging arrangement. Where the Employee chooses not to pay any of the costs associated with their salary packaging, the Employer may cease the Employee's salary packaging arrangements. 31.3 The Employee may elect to convert the amount packaged (or part) to salary for any reason, including where salary packaging ceases to be an advantage to the Employee because of subsequent changes to FBT legislation. Any costs associated with the conversion to salary will be borne by the Employee and the Employer will not be liable to make up any benefit lost as a consequence of an Employee's decision to convert to salary. 31.4 The Employee will be responsible for all costs associated with the administration of their salary packaging arrangements, provided that such costs will be confined to reasonable commercial charges as levied directly by the external salary packaging provider and/or in-house payroll service (as applicable), as varied from time to time. The Employer will notify the Employee where the charges levied are varied. 31.5 Employees who are considering salary packaging should seek independent financial advice. The Employer will not be responsible for the cost or outcome of any such advice. 31.6 Superannuation contributions paid by the Employer into an approved Fund will be calculated on the Employee’s pre-packaged rate of pay.

Appears in 1 contract

Samples: Enterprise Agreement

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Salary Packaging. 31.1 An Employee is entitled 32.1 All employees covered by this Agreement will have access to salary package packaging arrangements in respect of superannuation only as follows: (a) By agreement with the Company, the current rate of pay and any monetary entitlements payable to the employee as adjusted by this Agreement, may be salary specified in Appendix 2 packaged in accordance with the Employer’s policy. The Employer will maintain a Company policy on salary packaging policy (which may be through an external provider)packaging. 31.2 (b) The Employee will employee shall compensate the Employer Company from within their salary base remuneration, for any Fringe Benefits Tax fringe benefit tax (FBT) incurred as a consequence of the Employee’s requested any salary packaging arrangementarrangement the employee has entered into. Where the Employee employee chooses not to pay any of the costs associated with their salary packaging, the Employer Company may cease the Employeeemployee's salary packaging arrangements. 31.3 (c) The Employee may elect to convert parties agree that in the amount packaged (or part) to salary for any reason, including where event that salary packaging ceases to be an advantage to the Employee because employee (including as a result of subsequent changes to FBT legislation), the employee may elect to convert the amount packaged to salary. Any costs associated with the conversion to salary will shall be borne by the Employee employee and the Employer will Company shall not be liable to make up any benefit lost as a consequence of an Employeeemployee's decision to convert to salary. 31.4 (d) The Employee will employee shall be responsible for all costs associated with the administration of their salary packaging arrangements, provided that such costs will shall be confined to reasonable commercial charges as levied directly by the external salary packaging provider and/or in-house payroll service (as applicable), . as variedvaried from time to time. 31.5 Employees 32.2 The parties recommend to employees who are considering salary packaging should that they seek independent financial advice. The Employer will Company shall not be held responsible in any way for the cost or outcome of any such adviceadvice and furthermore, the parties agree that the employee shall pay for any costs associated with salary packaging. 31.6 Superannuation contributions paid by the Employer into an approved Fund will be calculated on the Employee’s pre-packaged rate of pay.

Appears in 1 contract

Samples: Enterprise Agreement

Salary Packaging. 31.1 An Employee is entitled 27.1 Employees covered by this Agreement will have access to salary package packaging arrangements in accordance with this clause 27. 27.2 By agreement with the Employee, the current salary rate of pay specified in Appendix 2 Two may be salary packaged in accordance with the Employer’s policy. The Employer will maintain a policy on salary packaging policy (which may be through an external provider)packaging. 31.2 27.3 The Employee will shall compensate the Employer from within their salary rate of pay for any Fringe Benefits Tax (FBT) FBT incurred as a consequence of the Employee’s requested any salary packaging arrangementarrangement the Employee has entered into. Where the Employee chooses not to pay any of the costs associated with their salary packaging, the Employer may cease the Employee's salary packaging arrangements. 31.3 27.4 The Employee may elect to convert parties agree that in the amount packaged (or part) to salary for any reason, including where event that salary packaging ceases to be an advantage to the Employee because (including as a result of subsequent changes to FBT legislation) the Employee may elect to convert the amount packaged to salary. Any costs associated with the conversion to salary will shall be borne by the Employee and the Employer will shall not be liable to make up any benefit lost as a consequence of an Employee's decision to convert to salary. 31.4 27.5 The Employee will shall be responsible for all costs associated with the administration of their salary packaging arrangements, provided that such costs will shall be confined to reasonable commercial charges as levied directly by the external salary packaging provider and/or in-in- house payroll service (as applicable), as variedvaried from time to time. 31.5 27.6 The parties recommend to Employees who are considering salary packaging should that they seek independent financial advice. The Employer will shall not be held responsible in any way for the cost or outcome of any such adviceadvice and furthermore, the parties agree that the Employee shall pay for any costs associated with salary packaging. 31.6 27.7 Superannuation contributions paid by the Employer into an approved Fund will be calculated on the Employee’s pre-packaged rate rates of paypay for the applicable classification as specified in Appendix Two.

Appears in 1 contract

Samples: Victorian Stand Alone Community Health Centres Allied Health Professionals Enterprise Agreement 2017 2021

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