Common use of Salary sacrifices into superannuation Clause in Contracts

Salary sacrifices into superannuation. a) Where it is agreed between the Employer and the employee that an employee wishes to have their pay salary sacrificed for additional superannuation, the Employer will comply with the employee’s request within two weeks. Details of any salary sacrifice arrangements shall be reflected on the employees pay slip. b) Employees who elect to sacrifice a proportion of their wages to the C+BUS or other industry superannuation fund or may request that the Employer make deductions from gross income. These arrangements shall be altered only twice a year if requested. c) In order to gain the benefit from making superannuation contributions from gross earnings salary sacrifice to superannuation may be agreed between the parties and must legally fulfil SGAA and Australian Taxation Office (ATO) requirements. d) Any salary sacrifice arrangements entered into between the parties shall: I. not disadvantage the employee or the Employer in any way, II. be effective only on the written authority of the employee, III. immediately be stopped at the written request of the employee