Common use of Salary Packaging Clause in Contracts

Salary Packaging. For the purposes of this clause "salary" means the salary or rates of pay prescribed for the Employee's classification by Schedules A, B and C of this Schedule and any allowances paid to an Employee which form part of the Employee’s salary for superannuation purposes. 21.1 An Employee may, by agreement with the Employer, enter into a salary packaging arrangement including salary sacrifice to superannuation, where they may convert up to 100% of their salary to other benefits. Any pre-tax and post-tax payroll deductions must be taken into account prior to determining the amount of salary available to be packaged. Such payroll deductions may include, but are not limited to, compulsory superannuation payments, HECS payments, child support payments, judgment debtor/garnishee orders, union fees, health fund premiums. 21.2 The terms and conditions of the salary packaging arrangement, including the duration as agreed between the Employee and Employer, will be provided in a separate written agreement, in accordance with the salary packaging scheme for Teachers and Related Employees. Such agreement must be made prior to the period of service to which the earnings relate. 21.3 Salary packaging must be cost neutral for the Employer. Employees must reimburse the Employer in full for the amount of: 21.3.1 any fringe benefits tax liability arising from a salary packaging arrangement and; 21.3.2 any administrative fees. 21.4 Where an Employee makes an election to salary package the following payments made by the Employer in relation to an Employee shall be calculated by reference to the annual salary which the Employee would have been entitled to receive but for the salary packaging arrangement: 21.4.1 Superannuation Guarantee Contributions; 21.4.2 any salary-related payment including but not limited to allowances and workers compensation payments; and 21.4.3 payments made in relation to accrued leave paid on termination of the Employee’s employment or on the death of the Employee.

Appears in 4 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement

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Salary Packaging. For the purposes of this clause "salary" means the salary or rates of pay prescribed for the Employee's classification by Schedules ASchedule 1, B Schedule 4, Schedule 6 and C Schedule 7 of this Schedule Agreement and any allowances paid to an Employee which form part of the Employee’s salary for superannuation purposes. 21.1 13.1 An Employee may, by agreement with the Employer, enter into a salary packaging arrangement including salary sacrifice to superannuation, superannuation where they may convert up to 100% of their salary to other benefits. Any pre-tax and post-tax payroll deductions must be taken into account prior to determining the amount of salary available to be packaged. Such payroll deductions may include, include but are not limited to, compulsory superannuation payments, HECS payments, child support payments, judgment debtor/garnishee orders, union fees, health fund premiums. 21.2 13.2 The terms and conditions of the salary packaging arrangement, including the duration as agreed between the Employee and Employer, will be provided in a separate written agreement, in accordance with the Employer’s salary packaging scheme for Teachers and Related Employeesscheme. Such agreement must be made prior to the period of service to which the earnings relate. 21.3 13.3 Salary packaging must be cost neutral for the Employer. Employees must reimburse the Employer in full for the amount of: 21.3.1 13.3.1 any fringe benefits tax liability arising from a salary packaging arrangement arrangement; and; 21.3.2 13.3.2 any administrative fees. 21.4 13.4 Where an the Employee makes an election to salary package the following payments made by the Employer in relation to an Employee shall be calculated by reference to the annual salary which the Employee would have been entitled to receive but for the salary packaging arrangement: 21.4.1 Superannuation Guarantee Contributions; 21.4.2 any salary-related payment including but not limited to allowances and workers compensation payments; and 21.4.3 payments made in relation to accrued leave paid on termination of the Employee’s employment or on the death of the Employee.

Appears in 3 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement

Salary Packaging. For the purposes of this clause "salary" means the salary or rates of pay prescribed for the Employee's classification by Schedules A, B and C Schedule 1 of this Schedule Agreement and any allowances paid to an Employee which form part of the Employee’s salary for superannuation purposes. 21.1 12.2.1. An Employee may, by agreement with the Employer, enter into a salary packaging arrangement arrangement, including salary sacrifice to superannuation, where they may convert up to 100% of their salary to other benefitsto: (a) a motor vehicle (whether on a business/private spilt in accordance with subclause 12.3 or a novated lease under the Employer’s salary packaging scheme) and; (b) the full range of benefits under the Employer’s salary packaging scheme, provided that no TAFE Manager may package more than one motor vehicle at any given time whether on a business/private split in accordance with subclause 12.3 or a novated lease under the Employer’s salary packaging scheme. 12.2.2. Any pre-tax and post-tax payroll deductions must be taken into account prior to determining the amount of salary available to be packaged. Such payroll deductions may include, include but are not limited to, compulsory superannuation payments, HECS payments, child support payments, judgment debtor/garnishee orders, union fees, health fund premiums. 21.2 12.2.3. The terms and conditions of the salary packaging arrangement, including the duration as agreed between the Employee and Employer, will be provided in a separate written agreement, in accordance with the Employer’s salary packaging scheme for Teachers and Related Employeesguidelines. Such agreement must be made prior to the period of service to which the earnings relate. 21.3 12.2.4. Salary packaging must be cost neutral for the Employer. Employees must reimburse the Employer in full for the amount of: 21.3.1 (a) any fringe benefits tax liability arising from a salary packaging arrangement arrangement; and; 21.3.2 (b) any administrative fees. 21.4 12.2.5. Where an the Employee makes an election to salary package the following payments made by the Employer in relation to an Employee shall be calculated by reference to the annual salary which the Employee would have been entitled to receive but for the salary packaging arrangement: 21.4.1 (a) Superannuation Guarantee Contributions; 21.4.2 (b) any salary-related payment including but not limited to allowances and workers compensation payments; and; 21.4.3 (c) payments made in relation to accrued leave paid on termination of the Employee’s employment or on the death of the Employee.

Appears in 1 contract

Samples: Tafe Managers Enterprise Agreement

Salary Packaging. For the purposes of this clause "salary" means the salary or rates of pay prescribed for the Employee's classification by Schedules A, B and C of this Schedule and any allowances paid to an Employee which form part of the Employee’s salary for superannuation purposes. 21.1 An Employee may, by agreement with the Employer, enter into a salary packaging arrangement including salary sacrifice to superannuation, where they may convert up to 100% of their salary to other benefits. Any pre-tax and post-tax payroll deductions must be taken into account prior to determining the amount of salary available to be packaged. Such payroll deductions may include, but are not limited to, compulsory superannuation payments, HECS payments, child support payments, judgment debtor/garnishee orders, union fees, health fund premiums. 21.2 The terms and conditions of the salary packaging arrangement, including the duration as agreed between the Employee and Employer, will be provided in a separate written agreement, in accordance with the salary packaging scheme for Teachers and Related Employees. Such agreement must be made prior to the period of service to which the earnings relate. 21.3 Salary packaging must be cost neutral for the Employer. Employees must reimburse the Employer in full for the amount of: 21.3.1 any fringe benefits tax liability arising from a salary packaging arrangement and; 21.3.2 any administrative fees. 21.4 Where an Employee makes an election to salary package the following payments made by the Employer in relation to an Employee shall be calculated by reference to the annual salary which the Employee would have been entitled to receive but for the salary packaging arrangement: 21.4.1 Superannuation Guarantee Contributions; 21.4.2 any salary-related payment including but not limited to allowances and workers compensation payments; and 21.4.3 payments made in relation to accrued leave paid on termination of the Employee’s employment or on the death of the Employee.

Appears in 1 contract

Samples: Enterprise Agreement

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Salary Packaging. For the purposes of this clause "salary" means the salary or rates of pay prescribed for the Employee's classification by Schedules A1, B 2 and C 3 of this Schedule the Agreement and any allowances paid to an Employee which form part of the Employee’s salary for superannuation purposes. 21.1 An Employee may, by agreement with the Employer, enter into a salary packaging arrangement including salary sacrifice to superannuation, where they may convert up to 100% of their salary to other benefits. Any pre-tax and post-tax payroll deductions must be taken into account prior to determining the amount of salary available to be packaged. Such payroll deductions may include, but are not limited to, compulsory superannuation payments, HECS payments, child support payments, judgment debtor/garnishee orders, union fees, health fund premiums. 21.2 The terms and conditions of the salary packaging arrangement, including the duration as agreed between the Employee and Employer, will be provided in a separate written agreement, in accordance with the salary packaging scheme for Teachers and Related Employees. Such agreement must be made prior to the period of service to which the earnings relate. 21.3 Salary packaging must be cost neutral for the Employer. Employees must reimburse the Employer in full for the amount of: 21.3.1 any fringe benefits tax liability arising from a salary packaging arrangement and; 21.3.2 any administrative fees. 21.4 Where an Employee makes an election to salary package the following payments made by the Employer in relation to an Employee shall be calculated by reference to the annual salary which the Employee would have been entitled to receive but for the salary packaging arrangement: 21.4.1 Superannuation Guarantee Contributions; 21.4.2 any salary-related payment including but not limited to allowances and workers compensation payments; and 21.4.3 payments made in relation to accrued leave paid on termination of the Employee’s employment or on the death of the Employee.

Appears in 1 contract

Samples: Enterprise Agreement

Salary Packaging. For the purposes of this clause "salary" means the salary or rates of pay prescribed for the Employee's classification by Schedules A, B and C of this Schedule and any allowances paid to an Employee which form part of the Employee’s salary for superannuation purposes. 21.1 An Employee may, by agreement with the Employer, enter into a salary packaging arrangement including salary sacrifice to superannuation, where they may convert up to 100% of their salary to other benefits. Any pre-tax pre‐tax and post-tax post‐tax payroll deductions must be taken into account prior to determining the amount of salary available to be packaged. Such payroll deductions may include, but are not limited to, compulsory superannuation payments, HECS payments, child support payments, judgment debtor/garnishee orders, union fees, health fund premiums. 21.2 The terms and conditions of the salary packaging arrangement, including the duration as agreed between the Employee and Employer, will be provided in a separate written agreement, in accordance with the salary packaging scheme for Teachers and Related Employees. Such agreement must be made prior to the period of service to which the earnings relate. 21.3 Salary packaging must be cost neutral for the Employer. Employees must reimburse the Employer in full for the amount of: 21.3.1 any fringe benefits tax liability arising from a salary packaging arrangement and; 21.3.2 any administrative fees. 21.4 Where an Employee makes an election to salary package the following payments made by the Employer in relation to an Employee shall be calculated by reference to the annual salary which the Employee would have been entitled to receive but for the salary packaging arrangement: 21.4.1 Superannuation Guarantee Contributions; 21.4.2 any salary-related salary‐related payment including but not limited to allowances and workers compensation payments; and 21.4.3 payments made in relation to accrued leave paid on termination of the Employee’s employment or on the death of the Employee.

Appears in 1 contract

Samples: Enterprise Agreement

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