Salary Package definition

Salary Package means the annual anticipated gross remuneration package for a Placement, which includes gross annual salary, applicable benefits for which there is a cash equivalent paid to the Candidate, profit share, commission, bonus, living allowances, travel allowances, overseas allowances and joining inducements. For the purposes of calculating Placement Fees, the provision of a car to the Candidate is valued at £5,000 per annum.
Salary Package means the anticipated gross remuneration package payable to the Candidate in the first year of their employment which includes gross annual salary, applicable benefits (including superannuation), commission, bonuses, allowances, joining inducements and the costs of the provision and maintenance of a motor vehicle to or for the benefit of the Candidate.
Salary Package means the annual anticipated gross remuneration package which includes gross annual salary, applicable benefits for which there is a cash equivalent, profit share, commission, bonus, living allowances, overseas allowances and joining inducements. “Subsidiary” shall have the meaning more particularly given in section 1159 of the Companies Act 2006 and the term “Subsidiaries” shall be construed accordingly.

Examples of Salary Package in a sentence

  • If the Client employs or engages any person in breach of this provision, the Client shall pay to RW on demand the sum equivalent to fifty percent (50%) of the Salary Package of such person.

  • If the Client employs or engages any person in breach of this provision, the Client shall pay to PCMC on demand the sum equivalent to fifty percent (50%) of the Salary Package of such person.

  • The Salary Package is the basis for calculating a staff member’s remuneration.

  • If the Client employs or engages any person in breach of this provision, the Client shall pay to ▇▇▇▇▇▇▇ BUSINESS SERVICES LTD on demand the sum equivalent to fifty percent (50%) of the Salary Package of such person.

  • For Executive Search of a Resource, 18.5% (GST exclusive) of the final Salary Package (full time equivalent) offered to the successful candidate.


More Definitions of Salary Package

Salary Package means the base salary, plus the 10% all incidents allowance. The salary package excludes the Superannuation Guarantee component and the annual leave loading. Service means continuous period of employment for salary purposes. Staff means and includes all persons who are permanently or temporarily employed by the NRC under Part 4 of the GSE Act, and shall include staff who are engaged on a part-time basis to regularly work less than the weekly hours worked by a staff member engaged in ongoing employment. Staff engaged on a part-time basis shall receive all the entitlements of this agreement on a pro-rata basis. This definition has no application to the Commissioner or Executive Director, or any members of Supervisor means the immediate supervisor of the area in which a staff member is employed or any other staff member authorised by the Commissioner or delegate to fulfil the role of a supervisor.
Salary Package means the annual anticipated gross remuneration package which includes gross annual salary, applicable benefits for which there is a cash equivalent, profit share, commission, bonus, living allowances, overseas allowances and joining inducements.
Salary Package means: 20.1.4.1 The annual base salary plus superannuation contribution; and 20.1.4.2 If the successful Candidate is employed by the Client on a part time basis or for a period of less than one (1) year, the Salary Package is annualised and the fee is the relevant percentage of the annualised Salary Package.
Salary Package means the annual anticipated gross remuneration package for a Placement, which includes gross annual salary, applicable benefits (including superannuation), commission, bonuses, allowances and joining inducements. The provision of a car is valued at $25,000 per annum.
Salary Package means the annual anticipated gross remuneration package for a placement, which includes gross annual salary, applicable benefits for which there is a cash equivalent paid to the candidate, profit share, commission, bonus, living allowances, travel allowances, overseas allowances and joining inducements. For the purposes of calculating placement fees, the provision of a car to the candidate is valued at £5,000 per annum.
Salary Package means the total amount to be drawn monthly by the employees of the Authority as indicated in column-3 of Annexure-B.
Salary Package means the total value of an employee’s cash and non-cash benefits. Sales oriented position means Mobile Lending Manager, Business Development Manager, Lending Manager and such other positions which may be agreed between the FSU and ▇▇.▇▇▇▇▇▇ from time to time.