Common use of Salary Sacrifice to Superannuation Clause in Contracts

Salary Sacrifice to Superannuation. (i) The Employer and the Employee may enter into salary sacrifice arrangements by mutual agreement. Such arrangement shall be detailed in a separate document, executed between the Employer and the Employee upon commencement of Salary Sacrifice Arrangements. Both parties shall retain a copy of this separate document. (ii) All Salary Sacrifice to Superannuation arrangements shall comply with the requirements of the Australian Taxation Authority and other relevant laws. (iii) Employees will have the Superannuation Guarantee Contribution (SGC) calculated on their Base earnings per pay period prior to the application of any salary sacrifice arrangements. (iv) One months notice by either party is required for change or termination of a Salary Sacrifice to Superannuation agreement, unless the change or termination is brought about by legislation or variation to this Agreement. (v) Where the Employee receives a pay increase under this Collective Agreement, salary sacrifice arrangements shall continue to apply based on the previous base earnings, unless the Employee chooses to alter the sacrificed amount or percentage. (vi) Where applicable, any payments of consideration shall be calculated by reference to the Base Rate which would have applied to the employee in the absence of any salary sacrifice to superannuation arrangements.

Salary Sacrifice to Superannuation. (ia) The Employer and the an Employee may enter into a superannuation salary sacrifice arrangements arrangement by mutual written agreement. Such arrangement shall must be detailed in a separate document, executed between the Employer and the Employee upon commencement of Salary Sacrifice Arrangementsto Superannuation arrangements. Both parties shall will retain a copy of this separate document. (iib) All Salary Sacrifice to Superannuation arrangements shall must comply with the requirements of the Australian Taxation Authority and other relevant laws. (iiic) Employees will have the Superannuation Guarantee Contribution (SGC) calculated on their Base the ordinary time earnings per pay period prior to the application of any salary sacrifice arrangements. (ivd) One months months' notice by either party is required for change or termination of a Salary Sacrifice to Superannuation agreementarrangement, unless the change or termination is brought about by legislation or variation to this Agreementlegislation. (ve) Where the an Employee receives a pay increase under this Collective Agreement, salary sacrifice arrangements shall will continue to apply based on the previous base ordinary time earnings, unless the Employee chooses to alter the sacrificed amount or percentage. (vif) Where applicable, any payments of consideration shall will be calculated by reference to the Base Rate pay rate which would have applied to the employee Employee in the absence of any salary sacrifice to superannuation arrangements.

Salary Sacrifice to Superannuation. (i) The Employer and the Employee may enter into salary sacrifice arrangements by mutual agreement. Such arrangement shall be detailed in a separate document, executed between the Employer and the Employee upon commencement of Salary Sacrifice Arrangements. Both parties shall retain a copy of this separate document. (ii) All Salary Sacrifice to Superannuation arrangements shall comply with the requirements of the Australian Taxation Authority and other relevant laws. (iii) Employees will have the Superannuation Guarantee Contribution (SGC) calculated on their Base earnings per pay period prior to the application of any salary sacrifice arrangements. (iv) One months notice by either party is required for change or termination of a Salary Sacrifice to Superannuation agreement, unless the change or termination is brought about by legislation or variation to this Agreement. (v) Where the Employee receives a pay increase under this Collective Employer Greenfield Agreement, salary sacrifice arrangements shall continue to apply based on the previous base earnings, unless the Employee chooses to alter the sacrificed amount or percentage. (vi) Where applicable, any payments of consideration shall be calculated by reference to the Base Rate which would have applied to the employee in the absence of any salary sacrifice to superannuation arrangements.

Salary Sacrifice to Superannuation. (i) The Employer and the Employee may enter into salary sacrifice arrangements by mutual agreement. Such arrangement shall be detailed in a separate document, executed between the Employer and the Employee upon commencement of Salary Sacrifice Arrangements. Both parties shall retain a copy of this separate document. (ii) All Salary Sacrifice to Superannuation arrangements shall comply with the requirements of the Australian Taxation Authority and other relevant laws. (iii) Employees will have the Superannuation Guarantee Contribution (SGC) calculated on their Base earnings per pay period prior to the application of any salary sacrifice arrangements. (iv) One months notice by either party is required for change or termination of a Salary Sacrifice to Superannuation agreement, unless the change or termination is brought about by legislation or variation to this Agreement. (v) Where the Employee receives a pay increase under this Collective Agreement, salary sacrifice arrangements shall continue to apply based on the previous base earnings, unless the Employee chooses to alter the sacrificed amount or percentage. (vi) Where applicable, any payments of consideration shall be calculated by reference to the Base Rate which would have applied to the employee in the absence of any salary sacrifice to superannuation arrangements.