Total Employment definition
Examples of Total Employment in a sentence
Any changes to the Total Employment Cost must be evidenced in writing and signed by both parties.
TEC means Total Employment Cost which is the total amount of salary and compulsory employer superannuation contributions.
ANZ may elect to pay you in lieu of giving you all or part of the notice period based on your Total Employment Cost package (“TEC”) (refer Schedule below).
For the purposes of this clause, Total Employment Cost (TEC) is defined as the cost of salary and other benefits aggregated to a total figure or TEC, less the cost of Compulsory Employer Superannuation Guarantee Contributions.
Remuneration packaging is an arrangement whereby the entitlements under this Agreement, contributing toward the Total Employment Cost (as defined) of an Employee, can be reduced by and substituted with another, or other benefits.
Thereafter we will review your Total Employment Cost at least once in each 12 months of your employment on such a basis as we, in our absolute discretion, may determine.
Employees on furlough will continue to accrue Total Employment Service.
Employees classified as Personal Advisers, however described by the Credit Union from time to time, shall be paid on the basis of a Total Employment Cost package comprising the base wage rate, leave loading and the Superannuation Guarantee Contribution.
It has taken all action necessary to authorize the execution and delivery by it of the VG Funding Purchase Agreement and this Agreement, and the VG Funding Purchase Agreement and this Agreement have been executed and delivered by one of its officers who is duly authorized to execute and deliver the same on its behalf.
These travel benefits do not form part of your Total Employment Compensation.