Salary sacrifice and packaging Sample Clauses

Salary sacrifice and packaging. The Commissioner or delegate may enter into agreements with staff members for salary sacrifice for superannuation and/or other agreed benefits within NSW Government Policy.
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Salary sacrifice and packaging. Melbourne Water shall offer salary sacrifice arrangements to enable staff to take advantage of appropriate packaging options, provided that such options are cost neutral to Melbourne Water. Any salary sacrifice arrangements will be within the applicable taxation, legal and administrative guidelines and shall be varied to reflect changes to these guidelines. Financial counseling from an external provider shall be provided to employees wishing to consider sacrificing part of their income. Salary sacrificing options will include, but not be limited to, the following: • Employee contributions to superannuation; • Novated Lease Deductions; • Professional Membership Fees; • Laptop computers, electronic diaries, PDAs; • Metcards • Airport Lounge membership • Investment Loans/Investment expenses • Portable printers • Tools of trade (i.e. calculator, briefcase etc) • Financial advice from an appropriately accredited financial advisor. • Limited Private Use of a Vehicle Salary sacrifice arrangements shall be on the basis that the conditions of such packaging are no less favourable than entitlement, otherwise available from this Agreement when taken as a whole. Prior to any introduction, the parties to this Agreement shall be provided with the options available together with the details of the process for managing the scheme and the protection for employees who may wish to have the options available to them. Employees who opt for salary sacrifice will not be disadvantaged by the application of future wage increases and allowances. Increases to wages and/or allowances shall be applied to the rates applicable prior to the application of any salary sacrifice arrangements.

Related to Salary sacrifice and packaging

  • Salary Packaging In compliance with the Catholic Education Commission of Western Australia’s policy statement, salary packaging shall be available to employees.

  • Salary Sacrifice to Superannuation (a) An employee can elect to sacrifice a portion of salary to superannuation. Such election must be made prior to the commencement of the period of service to which the earnings relate and be in accordance with relevant legislation.

  • SALARY SACRIFICE ARRANGEMENTS 34.1 Employees covered by this Agreement will have access to salary sacrifice arrangements in addition to the compulsory arrangement detailed above. The requirements of any such arrangements shall ensure that:

  • Salary Sacrifice Employees may sacrifice their pre-tax earnings, subject to such arrangements being made for legitimate purposes such as additional superannuation contributions. The amount of salary sacrifice being deducted from pre-tax earnings shall be deducted from gross earnings with each pay period. Any such arrangements must be requested, varied or amended in writing, providing no les than one months notice to the Company. A Salary Sacrifice Request Form is attached as a schedule to this Agreement for this purpose. The Company recommends that employees seek independent financial advice prior to entering into salary sacrifice arrangement. The amount of any salary sacrifice income requested must be a fixed sum, without variation from one pay period to the next. The company shall implement employee requests to commence salary sacrifice arrangements at four (4) times a year, on the first full pay period on or after the 1st July, 1st October, 1st January and 1st April. Where adverse tax and/or superannuation changes occur, the Company or employee may terminate these salary sacrifice arrangements. Where a decision to terminate is made, employees will be given one month’s notice in writing.

  • Salary Scale The salary scale applicable to Employees shall be set out hereinafter in the Wage Schedule.

  • Salary Scales 1. In the settlement of the Kindergarten Teachers, Head Teachers and Senior Teachers' Collective Agreement 2000-2002 the parties committed themselves to the implementation of pay parity for kindergarten teachers. Senior teacher K3 and K4 salaries were benchmarked to the base salary (excluding the roll-based supplementary component) of a primary U2 and U3 principal respectively.

  • Quality Assurance Program An employee shall be entitled to leave of absence without loss of earnings from her or his regularly scheduled working hours for the purpose of writing examinations required by the College of Nurses of Ontario arising out of the Quality Assurance Program.

  • Quality Assurance The parties endorse the underlying principles of the Company’s Quality Management System, which seeks to ensure that its services are provided in a manner which best conforms to the requirements of the contract with its customer. This requires the Company to establish and maintain, implement, train and continuously improve its procedures and processes, and the employees to follow the procedures, document their compliance and participate in the improvement process. In particular, this will require employees to regularly and reliably fill out documentation and checklists to signify that work has been carried out in accordance with the customer’s specific requirements. Where necessary, training will be provided in these activities.

  • Flexible Work Schedule A flexible work schedule is any schedule that is not a regular, alternate, 9/80, or 4/10 work schedule and where the employee is not scheduled to work more than 40 hours in the "workweek" as defined in Subsections F. and H., below.

  • Curriculum Vitae (a) The Chief Librarian shall maintain a curriculum vita for each Librarian. It is the Librarian’s responsibility to ensure that the curriculum vita on file is kept current. Members shall prepare their curriculum vita with the advice and assistance of their Chief Librarian. Members may revise their curriculum vita at any time.

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