Common use of Annualisation Clause in Contracts

Annualisation. 7.6.1.1 All allowances and additional payments covered under this Agreement may be calculated on an annualised basis, to be paid on a fortnightly basis, when the Council and an individual employee agree. 7.6.1.2 The annualised amount shall be arrived at by taking into account the allowances paid in the previous financial year of employment and applying the current rate of pay for each of those allowances to the annualised amount. 7.6.1.3 Employees may request a review of such annualisation agreements once per annum at the beginning of the financial year providing the employee produces satisfactory evidence that the pattern or work has changed in a substantial way warranting such a review. Under these circumstances, the annualised amount shall be amended for the new financial year to reflect the new pattern of work or the employee may elect to return to claiming allowances on a weekly basis as provided in this clause. 7.6.1.4 All such agreements between Council and an individual employee shall be made in writing and signed by both parties. 7.6.1.5 For new employees, annualisation of allowances will only commence following successful completion of the probationary period. This is to allow sufficient time for a reasonable pattern of work to be formed prior to calculation of a reasonable annual allowance amount.

Annualisation. 7.6.1.1 All allowances and additional payments covered under this Agreement may be calculated on an annualised basis, to be paid on a fortnightly basis, when the Council and an individual employee agree. 7.6.1.2 The annualised amount shall be arrived at by taking into account the allowances paid in the previous financial year of employment and applying the current rate of pay for each of those allowances to the annualised amount. 7.6.1.3 Employees may request a review of such annualisation agreements once per annum at the beginning of the financial year providing the employee produces satisfactory evidence that the pattern or work has changed in a substantial way warranting such a review. Under these circumstances, the annualised amount shall be amended for the new financial year to reflect the new pattern of work or the employee may elect to return to claiming allowances on a weekly basis as provided in this clauseClause. 7.6.1.4 All such agreements between Council and an individual employee shall be made in writing and signed by both parties. 7.6.1.5 For new employees, annualisation of allowances will only commence following successful completion of the probationary period. This is to allow sufficient time for a reasonable pattern of work to be formed prior to calculation of a reasonable annual allowance amount.