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

  • The Relevant Salary Packaging Balance present on termination or cessation of participation in the Salary Package Agreement cannot be taken by the Employee as a cash payment.

  • The Placement Fee is calculated as a percentage of the Salary Package as per the Fee Schedule.

  • 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.

  • All Permanent Placement fees are payable within 14 days of the successful Candidate’s Acceptance of the offer and signing that letter of offer which will include complete details of the Salary Package and start date.

  • 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.


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 Document No: D17/0345 Page 4 of 28 Status: Final Version: 1.0 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.
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 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 Xx.Xxxxxx from time to time.
Salary Package means the anticipated gross remuneration package payable to the Candidate in the first year of their employment, which includes gross
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.
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 anticipated gross remuneration package payable to the Candidate in the first year of their employment, which includes gross annual salary (Retainer), including superannuation.