Common use of Salary Packaging Clause in Contracts

Salary Packaging. 12.1 By agreement with the employee, the current rate of pay specified in the Awards as incorporated (as adjusted by this Agreement), may be salary packaged. 12.2 The employee shall compensate the Employer from within their base remuneration for any FBT incurred as a consequence of any salary packaging arrangement 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. 12.3 The parties agree that in the event that salary packaging ceases to be an advantage to the 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 shall be borne by the employee and the Employer shall not be liable to make up any benefit lost as a consequence of an employee’s decision to convert to salary. 12.4 The employee shall be responsible for all costs associated with the administration of their salary packaging arrangements, provided that such costs 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 varied from time to time. 12.5 The parties recommend to employees who are considering salary packaging that they seek independent financial advice. The Employer shall not be held responsible in any way for the cost or outcome of any such advice and furthermore, the parties agree that the employee shall pay for any costs associated with salary packaging. 12.6 Superannuation contributions paid by the Employer into an approved Fund will be calculated on the pre-packaged rate in Schedule A for the applicable classification.

Salary Packaging. 12.1 59.1 Employees covered by this section of Section 2 will have access to salary packaging arrangements as follows: 59.1.1 By agreement with the employeeEmployee, the current rate of pay specified in the Awards as incorporated (as adjusted by this Agreement)Schedule B, may be salary packagedpackaged in accordance with the Employer’s policy on salary packaging. 12.2 59.1.2 The employee Employee shall compensate the Employer from within their base remuneration his or her rate of pay for any FBT incurred as a consequence of any salary packaging arrangement the employee Employee has entered into. Where the employee Employee chooses not to pay any of the costs associated with their salary packaging, the Employer may cease the employee’s Employee's salary packaging arrangements. 12.3 59.1.3 The parties agree that in the event that salary packaging ceases to be an advantage to the employee Employee (including as a result of subsequent changes to FBT legislation), ) the employee Employee may elect to convert the amount packaged to salary. Any costs associated with the conversion to salary shall be borne by the employee Employee and the Employer shall not be liable to make up any benefit lost as a consequence of an employee’s Employee's decision to convert to salary. 12.4 59.1.4 The employee Employee shall be responsible for all costs associated with the administration of their salary packaging arrangements, provided that such costs 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 varied from time to time. 12.5 59.1.5 The parties Parties recommend to employees Employees who are considering salary packaging that they seek independent financial advice. The Employer shall not be held responsible in any way for the cost or outcome of any such advice and furthermore, the parties agree that the employee Employee shall pay for any costs associated with salary packaging. 12.6 59.1.6 Superannuation contributions paid by the Employer into an approved Fund will be calculated on the pre-packaged rate in Schedule A rates of pay for the applicable classification.classification as specified in Schedule B.

Salary Packaging. 12.1 By agreement with the employee, the current rate of pay specified in the Awards as incorporated (as adjusted by this Agreement), may be salary packaged. 12.2 The employee shall compensate the Employer from within their base remuneration for any FBT incurred as a consequence of any salary packaging arrangement 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. 12.3 The parties agree that in the event that salary packaging ceases to be an advantage to the 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 shall be borne by the employee and the Employer shall not be liable to make up any benefit lost as a consequence of an employee’s decision to convert to salary. 12.4 The employee shall be responsible for all costs associated with the administration of their salary packaging arrangements, provided that such costs 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 varied from time to time. 12.5 The parties recommend to employees who are considering salary packaging that they seek independent financial advice. The Employer shall not be held responsible in any way for the cost or outcome of any such advice and furthermore, the parties agree that the employee shall pay for any costs associated with salary packaging. 12.6 Superannuation contributions paid by the Employer into an approved Fund will be calculated on the pre-packaged rate in Schedule A for the applicable classification.

Salary Packaging. 12.1 ‌ 59.1 Employees covered by this section of Section 2 will have access to salary packaging arrangements as follows: 59.1.1 By agreement with the employeeEmployee, the current rate of pay specified in the Awards as incorporated (as adjusted by this Agreement)Schedule B, may be salary packagedpackaged in accordance with the Employer’s policy on salary packaging. 12.2 59.1.2 The employee Employee shall compensate the Employer from within their base remuneration his or her rate of pay for any FBT incurred as a consequence of any salary packaging arrangement the employee Employee has entered into. Where the employee Employee chooses not to pay any of the costs associated with their salary packaging, the Employer may cease the employee’s Employee's salary packaging arrangements. 12.3 59.1.3 The parties agree that in the event that salary packaging ceases to be an advantage to the employee Employee (including as a result of subsequent changes to FBT legislation), ) the employee Employee may elect to convert the amount packaged to salary. Any costs associated with the conversion to salary shall be borne by the employee Employee and the Employer shall not be liable to make up any benefit lost as a consequence of an employee’s Employee's decision to convert to salary. 12.4 59.1.4 The employee Employee shall be responsible for all costs associated with the administration of their salary packaging arrangements, provided that such costs 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 varied from time to time. 12.5 59.1.5 The parties Parties recommend to employees Employees who are considering salary packaging that they seek independent financial advice. The Employer shall not be held responsible in any way for the cost or outcome of any such advice and furthermore, the parties agree that the employee Employee shall pay for any costs associated with salary packaging. 12.6 59.1.6 Superannuation contributions paid by the Employer into an approved Fund will be calculated on the pre-packaged rate in Schedule A rates of pay for the applicable classification.classification as specified in Schedule B.

Salary Packaging. 12.1 By agreement with the employee, the current an employee’s rate of pay specified in the Awards Award as incorporated (as adjusted by this the Agreement), may be salary packaged. 12.2 The employee shall compensate the Employer from within their base remuneration for any FBT incurred as a consequence of any salary packaging arrangement 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. 12.3 The parties agree that in the event that salary packaging ceases to be an advantage to the 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 shall be borne by the employee and the Employer shall not be liable to make up any benefit lost as a consequence of an employee’s decision to convert to salary. 12.4 The employee shall be responsible for all costs associated with the administration of their salary packaging arrangements, provided that such costs 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 varied from time to time. 12.5 The parties recommend to employees who are considering salary packaging that they seek independent financial advice. The Employer shall not be held responsible in any way for the cost or outcome of any such advice and furthermore, the parties agree that the employee shall pay for any costs associated with salary packaging. 12.6 Superannuation contributions paid by the Employer into an approved Fund will be calculated on the employee’s pre-packaged rate in Schedule A for the applicable classificationof pay.