Common use of Salary Sacrificing Clause in Contracts

Salary Sacrificing. In accordance with Government legislation and the relevant University policy, eligible employees may participate in a flexible salary packaging scheme. Under salary sacrificing or packaging schemes, an employee can agree to take the salary component of the total remuneration as cash salary or select a combination of cash salary and approved benefits to suit the employee’s individual needs. Participation in salary sacrificing or packaging will not affect salary for superannuation purposes or any other purpose.

Appears in 4 contracts

Samples: Enterprise Agreement, Union Enterprise Agreement, Union Collective Agreement

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