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Total Remuneration Package definition

Total Remuneration Package means basic salary plus other benefits such as any performance pay, employer contributions to superannuation, motor vehicles, communication, housing, medical insurance, additional annual leave and any other entitlements.
Total Remuneration Package means basic salary plus other benefits such as any performance pay, employer contributions to superannuation, motor vehicles or additional annual leave.
Total Remuneration Package means the annual total of the Salary Component and the Employment Benefits specified in paragraph 1 of this Schedule to which the Commissioner is entitled, as adjusted from time to time; and

Examples of Total Remuneration Package in a sentence

  • Fixed annual remuneration, inclusive of the required superannuation contribution amount is reviewed annually by the Board following the end of the financial year.In the event of the completion of a takeover (relevant interest exceeds 50%) certain executives will receive a lump sum gross payment equal to between six to twelve months of the Total Remuneration Package.

  • For both options, Broker needs to indicate in the Remarks field the (1) type of transaction and(2) the transaction reference no.

  • In these circumstances the notice from the College would be as above.Total Remuneration PackageOur Total Remuneration Package (TRP) for staff is a key component of realising the College’s strategic aim.

  • The Total Remuneration Package includes; salary, superannuation and professional fees.

  • For an executive, to ensure consistent reporting for those on accumulation and defined benefits schemes, this should be calculated as: for executives under the maximum superannuation contribution base this is the Total Remuneration Package (TRP) divided by the superannuation guarantee rate; and for executives over the maximum superannuation contribution base this is the TRP minus the superannuation guarantee contribution.


More Definitions of Total Remuneration Package

Total Remuneration Package means the cash salary of an employee, plus the 9% Superannuation Guarantee Charge.
Total Remuneration Package means the annual total cost to a municipality comprising of: a basic salary component; a travelling allowance as provided in items 11; housing allowance as provided in items 11; the municipal contribution to a pension, provident or retirement annuity fund as provided in item 18; and municipal contribution to a medical aid scheme as provided in item 19 to a councillor in a municipal financial year.
Total Remuneration Package means the amount specified as such in Section B of the Attachment where a portion of the TRP includes a Benefit Component that may be taken as cash. “Us” ( or “us”) means National Australia Bank Limited.
Total Remuneration Package means the annual total cost to a municipality of a basic salary component, a motor vehicle allowance as provided in item 9(1), housing allowance as provided in item 9(2), the municipal contribution to a pension, provident or retirement annuity fund as provided in item 12(1) and municipal contribution to a medical aid scheme as provided in item 12(2) to a councillor in a municipal financial year.
Total Remuneration Package means the monetary and non-monetary benefits to which the Executive is entitled pursuant to this Contract as set out in Schedule 2; The “Triple S scheme” means the superannuation scheme continued by the Southern State Superannuation Act 2009; A reference to any legislation means that legislation in force from time-to-time and includes any amendment or substituted legislation and also any instrument made under that legislation or made under amended or substituted legislation; A reference in this Contract to a Schedule or an item in a Schedule means the Schedule or item in force at the relevant time. Any variation to this Contract must be in writing and signed by the Executive and Chief Executive in a form consistent with any Government requirement. The Chief Executive and the Executive acknowledge and agree that the Recitals are correct and form part of this Contract. In this Contract, a document that may be approved from time-to-time as applicable to the employment of the Executive will be taken to have been provided or notified to the Executive if it has been published on the Office of the Commissioner for Public Sector Employment website or the website or intranet of the agency in which the Executive is employed or performing duties. If any provision of this Contract is invalid or unenforceable for any reason that will not affect the validity and enforceability of any other provision.
Total Remuneration Package means the annual total cost to a municipality comprising of:a basic salary component;a travelling allowance as provided in items 9(1);housing allowance as provided in items 9(2);the municipal contribution to a pension, provident or retirement annuity fund as provided in item 13(1); and municipal contribution to a medical aid scheme as provided in item 13(2) to a councillor in a municipal financial year. Allocation of number of points for total municipal incomeThe number of points allocated for the total municipal income of a municipality is as follows: Comment: It should be noted that the points allocated are adjusted annually. Allocation of number of points for total populationThe number of points allocated for the total population within a municipality, is as follows:
Total Remuneration Package means the annual total cost to a municipality comprising of: