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.

• It is proposed that their total Salary Package, which is a fixed salary is to be bifurcated into 80% Fixed and 20% Variable, linked with agreed quantifiable targets and overall performance of the Company unless otherwise decided jointly by the President (HR), Jt Managing Director and Managing Director on case to case basis.

• It is proposed that in case of future recruitment, the total Salary Package, which is a fixed salary is to be bifurcated into Fixed and Variable, linked with agreed quantifiable targets and overall performance of the Company unless otherwise decided jointly by the President (HR), Jt. Managing Director and Managing Director on case to case basis, as per the discretion of Management.

• 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.

• Railway Salary Package, Police Salary Package and KSEB Salary Package were rolled out during the year, with attractive features to cater to the needs of the employees.ƒ The Bank is the preferred Bank for almost all State Government Departments.ƒ The Bank has tie-up arrangement with SBICAP Securities Ltd.

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 total amount to be drawn monthly by the employees of the Authority as indicated in column-3 of Annexure-B.

Salary Package means an agreement between an employee and the University, where the employee agrees to give up part of their future salary or wages in return for the University providing benefits of a similar value. It is sometimes referred to as salary sacrifice.

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 the Senior Executive Service, or Managerial Staff transitioned to the New South Wales Public Service Executive pursuant to the provisions of the GSE Act and the GSE Regulation. The NRC does not employ casual staff." 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.