Wage Sacrifice Sample Clauses

Wage Sacrifice. 50.1. Employees covered by this Agreement shall have access to wage sacrifice for the same purposes as are allowed by Company Policy to salaried staff. 50.2. Support regarding Wage Sacrifice can be provided by Payroll upon request.
Sample 1
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Wage Sacrifice. (i) An employee may sacrifice 30% of gross salary, up to a maximum of $14,089 per year. (ii) The wage sacrifice can be applied by the Employee in any manner they see fit providing the action is legal and within the parameters of any relevant legislation. (iii) If, at any time, any portion of the wage sacrifice applied under paragraph 10.1
Sample 1
Wage Sacrifice. 10.1.1 Up to 30% (maximum) wage sacrifice on gross salary (being salary and allowances as specified in Clause 9) will be available except where an employee’s 30% wage sacrifice would exceed the limit set from time to time by the Australian Taxation Office for charitable organisations to be exempt from fringe benefits tax, then the maximum wage sacrifice will be that as set by the Australian Taxation Office. As at 1 April 2001 this limit is $15,450 per annum per employee. 10.1.2 If an Employee’s annual wage sacrifice amount is less than $12,810 then the Employee may use this amount toward paying expenses that either contain GST or are GST Free or Input-Taxed. 10.1.3 If an Employee’s annual salary sacrifice amount is greater than or equal to $12,810, but less than or equal to $15,450 (the maximum), they may only use this amount toward paying expenses that are GST Free or Input-Taxed.
Sample 1
Wage Sacrifice. 10.2.1 Up to $14,089 (maximum) wage sacrifice on gross salary (being salary and allowances as specified in Clause 9) will be available. 10.2.2 The wage sacrifice can be applied by the Employee of any category whether fulltime, part time or casual. It can be nominated to a third party acceptable by the Commissioner of Taxation. Casual Crew will be allowed to salary sacrifice up to 30% of their earnings. $500,000, except when engaged in outside employment. Employees listed under Category 2 and 3 of the policy will be covered by a Personal Accident Insurance Policy (including Death and Disability cover) to the value of $500,000 but only whilst engaged on business under the control of the Employer.
Sample 1
Wage Sacrifice. 49.1. Employees may sacrifice part or all of their wage (subject to statutory requirements) for the purpose of making additional contributions to their superannuation fund(s). Employees must make an application in writing by in accordance with the relevant form available from Human Resources. 49.2. Employees may apply for novated leasing in accordance with the Company’s Novated Lease Policy. 49.3. The Company may make other options for wage sacrifice available to Employees during the life of this Agreement.
Sample 1
Wage Sacrifice. The Company agrees to the provision of wage sacrifice options for its employees on the basis that any such options: (a) are approved by the Australian Taxation Office; (b) do not attract a Fringe Benefit Tax Liability; and (c) do not incur any extra costs to the Company.
Sample 1

Related to Wage Sacrifice

  • Salary Sacrifice (a) Where an Employee wishes to have their pay salary sacrificed for additional superannuation, the Employer will comply with the Employee’s request without unreasonable delay and consistent with any relevant statutory requirements. (b) All entitlements and benefits contained in this Agreement will be calculated on the pre-salary sacrifice pay rate.

  • Annual Leave Loading During a period of annual leave an employee will receive a loading of 17.5 per cent calculated on the employee’s normal hourly rate of pay and the daily fares allowance if applicable. The loading will also apply to proportionate leave on lawful termination.

  • Shiftworkers 35.1 Shiftworker for the purposes of this clause is defined as an Employee who performs Shiftwork and who starts or finishes a shift outside of the ordinary hours set out at clause 34.2 above. 35.2 A Shiftworker shall be paid at the rate of double time for all hours worked. 35.3 An Employee who has to work Shiftwork shall be given at least 48 hours of notice of the requirements to work shift work.

  • Night Shift Differential Unit 12 employees who regularly work shifts shall receive a night shift differential as set forth below: A. Employees shall qualify for the first night shift pay differential of forty (40) cents per hour where four (4) or more hours of the regularly scheduled work shift falls between 6 p.m. and 12 midnight. B. Employees shall qualify for the second night shift pay differential of fifty (50) cents per hour where four (4) or more hours of the regularly scheduled work shift fall between 12 midnight and 6 a.m. C. A "regularly scheduled work shift" are those regularly assigned work hours established by the department director or designee.

  • Ambulance Escort Where a nurse is assigned to provide patient care for a patient in transit, the following provisions shall apply: i) Where a full-time nurse performs such duties during her or his regular shift, the full-time nurse shall be paid her or his regular rate of pay. Where a full-time nurse performs such duties outside her or his regular shift or on a day off, she or he shall be paid the appropriate overtime rate. ii) Where a part-time nurse performs such duties during an assigned shift, she or he shall be paid her or his regular rate of pay. Where a part-time nurse continues to perform such duties in excess of her or his assigned shift, she or he shall be paid the appropriate overtime rate. (b) Where such duties extend beyond the nurse's regular shift, the Hospital will not require the nurse to return to regular duties at the hospital without at least eight (8) hours of time off. Where such time off extends into the nurse's next regularly scheduled shift she or he will maintain her or his regular earnings for that full shift. (c) Hours spent between the time the nurse is relieved of patient care responsibilities and the time the nurse returns to the hospital or to such other location agreed upon between the Hospital and the nurse will be paid at straight time or at appropriate overtime rates, if applicable under Article 14. 01. It is understood that the nurse shall return to the hospital or to such other location agreed upon between the Hospital and the nurse at the earliest opportunity. Prior to the nurse's departure on escort duty, or at such other time as may be mutually agreed upon between the Hospital and the nurse, the Hospital will establish with the nurse arrangements for return travel. (d) The nurse shall be reimbursed for reasonable out of pocket expenses including room, board and return transportation and consideration will be given to any special circumstances not dealt with under the foregoing provisions. NOTE 1: (Note 1 applies to full-time nurses only) The Hospital agrees to continue to pay any greater monetary benefit for ambulance escort duty if such greater benefit has been paid by the Hospital immediately prior to this Agreement. This note applies at Hospitals where this superior condition exists as of December 14, 1987. NOTE 2: (Note 2 applies to part-time nurses only) The Hospital agrees to continue to pay any greater monetary benefit for ambulance escort duty if such greater benefit was paid by the Hospital under a Collective Agreement immediately prior to this Agreement. This note applies at Hospitals where this superior condition exists as of December 14, 1987.

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