Salary Sacrifice Superannuation Contributions. The objective of this clause is to enable employees to make pre-tax contributions to complying superannuation funds through a salary sacrifice arrangement. The company will continue to make employer contributions to nominated complying superannuation funds in accordance with relevant superannuation guarantee legislation ("employer contributions").
Salary Sacrifice Superannuation Contributions. 19.3.1. A Technician may apply to CES to have their ordinary wage reduced by an amount nominated by the Technician as a salary sacrifice contribution for the benefit of the Technician in accordance with CES’ Salary Sacrifice Policy as amended from time to time.
Salary Sacrifice Superannuation Contributions. 18.4.1. An Employee may apply to the Employer to have their ordinary wage reduced by an amount nominated by the Employee as a salary sacrifice contribution for the benefit of the Employee in accordance with the Employer’s Salary Sacrifice Policy as amended from time to time.
18.4.2. The Employer must approve the application for salary sacrifice before the Employee’s ordinary wage is adjusted for salary sacrifice contributions.
18.4.3. The Employee will receive their post salary sacrifice wage for periods of annual leave, long service leave, and other periods of paid leave provided the salary sacrifice contribution is paid.
18.4.4. Unless otherwise agreed by the Employer, an Employee may revoke or vary their Salary Sacrifice Agreement once in each twelve months in accordance with the Employer’s policy.
18.4.5. Not less than one month’s written notice shall be given by an Employee of their revocation or variation of a Salary Sacrifice Agreement.
18.4.6. The continuation of an Employee’s Salary Sacrifice Agreement is subject to the Employer’s discretion and such agreements cease to apply on the Employer giving one month’s notice.
Salary Sacrifice Superannuation Contributions. 5.4.3.1 Employees may apply to the Company to have their ordinary wage reduced by an amount nominated by the Employee as a salary sacrifice contribution for the benefit of the Employee.
5.4.3.2 The Company must approve the application for salary sacrifice before the Employee’s ordinary wage is adjusted for salary sacrifice contributions.
5.4.3.3 The Employee will receive their post salary sacrifice wages for periods of annual leave, long service leave, and other periods of paid leave provided the salary sacrifice contributions is paid.
5.4.3.4 Unless otherwise agreed by the Company, Employees may revoke or vary their salary sacrifice agreement three times in each twelve-month period.
5.4.3.5 Not less than one (1) month’s written notice shall be given by an Employee of their revocation or variation of a salary sacrifice agreement.
5.4.3.6 The continuation of an Employee’s salary sacrifice agreement is subject to the Company’s discretion and such agreements cease to apply on the Employer giving one (1) month’s written notice.
Salary Sacrifice Superannuation Contributions. Employees may apply to the Company to have their ordinary wage reduced by an amount nominated by the Employee as a salary sacrifice contribution for the benefit of the Employee.
Salary Sacrifice Superannuation Contributions. (a) The objective of this clause is to enable employees to make pre-tax contributions to complying superannuation funds through a salary sacrifice arrangement.
(b) The company will continue to make employer contributions to nominated complying superannuation funds in accordance with relevant superannuation guarantee legislation ("employer contributions").
(c) An employee may request that the company make additional contributions to a superannuation fund provided that no employee may have contributions made to more than two funds. These contributions are distinct from and in addition to the employer contributions specified at sub-clause 9(a). For the purpose of this clause, these additional contributions will be referred to as "salary sacrifice contributions".
(d) On each occasion on which the company makes a salary sacrifice contribution on behalf of an employee, that employee’s gross earnings shall be reduced by an amount equal to the salary sacrifice contribution. For the purpose of this sub-clause "occasion" means the calculation and processing of the payroll in accordance with the normal pay period.
(e) No employee may have salary sacrifice contributions at a level in excess of 50% of their pre-salary sacrifice gross weekly all purpose rate of pay.
(f) Employees may elect to have salary sacrifice contributions made at a set dollar amount or as a percentage of earnings.
(g) In the event that the law governing superannuation and taxation changes in such a way as to make the objective of this clause ineffective, unattainable or illegal, the company will advise the employees concerned, and the salary sacrifice contribution arrangement will be terminated or amended. In the event of redundancy, redundancy payments will be calculated at the pre - sacrifice rates.
Salary Sacrifice Superannuation Contributions. Xxxxxx Super is the default fund, however all employees are provided with a standard choice form within 28 days of commencement.
Salary Sacrifice Superannuation Contributions. The Company has a nominated e default Superannuation fund, however all Employees are provided with a standard choice form within 28 days of commencement.
Salary Sacrifice Superannuation Contributions. (a) Objective The objective of this clause is to enable employees to make pre-tax contributions to complying superannuation funds through a salary sacrifice arrangement.
Salary Sacrifice Superannuation Contributions