Salary Packaging definition

Salary Packaging means a percentage of the total base remuneration rate is "packaged" and taken as a non cash component which has an equivalent cash value.
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Salary Packaging means the arrangement which allows salary to be taken as benefits before tax.
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Salary Packaging means a salary packaging arrangement the Employer and an individual Employee enter into by mutual agreement in accordance with the Employer’s salary packaging policy as varied from time to time Service and Continuous service unless otherwise expressly provided, has the same meaning as provided in s 22 of the Fair Work Act 2009 (Cth)
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Examples of Salary Packaging in a sentence

  • Salary packaging will be made available where it is tax effective for employees and Company systems can accommodate it.

  • Salary packaging these items may provide a benefit to the employee as a result of the difference between the rate of personal income tax and the (nil or concessional) rate of FBT.

  • Salary packaging in compliance with the Catholic Education Commission of Western Australia’s policy statement shall be available to teachers.

  • Salary packaging is available for Cleaners covered by this Agreement.

  • Salary packaging is to be at no additional cost to Schools and accordingly, employees are required to pay for their FBT liability, if any, and administration costs from their gross salary.

  • Salary Packaging (Total Remuneration) Salary packaging or a salary sacrifice arrangement is an arrangement between Schools and employees, where employees agree to forego part of their future entitlement to salary or wages in return for Schools providing benefits at the same cost to Schools.

  • Salary packaging is available for Teacher Aides covered by this Agreement.

  • Salary packaging is not available to casual employees or employees on limited term contracts of 3 months or less.

  • Salary packaging shall be available to all full-time and part-time employees, and casual employees who work on average a minimum of 14 hours per week.

  • Salary packaging arrangements will be annual and based on a Fringe Benefit Reporting Year.


More Definitions of Salary Packaging

Salary Packaging means that an employee will have part of their salary "sacrificed" into a fringe benefit which does not constitute a direct payment to the employee, but is payable to a bona fide third party. The terms and conditions of such a package will not be less favourable than the entitlements otherwise available under the Enterprise Agreement and shall be subject to the following provisions:
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Salary Packaging means the substi- tution of goods and/or services (“Benefits”), valued at their cost, for salary payable under this Award.
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Salary Packaging means in the context of this Agreement is the sacrifice or substitution of salary for other benefits, provided that the total cost to ARRCS will be no greater than if the entire employee's entitlements had been taken as pay-as-you-go (PAYG) salary. The cost of the benefit (including taxes and administration expenses) is deducted from the total package of an employee to arrive at the cash salary component.
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Related to Salary Packaging

  • API means American Petroleum Institute.

  • Packaging means the assembly of components necessary to ensure compliance with the packaging requirements of these regulations. It may consist of one or more receptacles, absorbent materials, spacing structures, thermal insulation, radiation shielding, and devices for cooling or absorbing mechanical shocks. The vehicle, tie-down system, and auxiliary equipment may be designated as part of the packaging.

  • Labeling means all labels and other written, printed, or graphic matter on an article or any of its

  • Finished Goods means completed goods which require no additional processing or manufacturing to be sold to third party customers by the Loan Parties in the ordinary course of business.

  • Drug Substance means an active ingredient that is intended to furnish pharmacological activity or other direct effect in the diagnosis, cure, mitigation, treatment, or prevention of disease or to affect the structure or any function of the human body, but does not include intermediates used in the synthesis of such ingredient.

  • Product Labeling means, with respect to a Licensed Product in a country or other jurisdiction in the Territory, (a) the Regulatory Authority-approved full prescribing information for such Licensed Product for such country or other jurisdiction, including any required patient information, and (b) all labels and other written, printed, or graphic matter upon a container, wrapper, or any package insert utilized with or for such Licensed Product in such country or other jurisdiction.

  • Packaging Materials means the packaging materials for any of the Products, including product labels, packaging inserts, external packaging and similar materials.

  • Tobacco product means any substance containing tobacco leaf, including but not limited to, cigarettes, cigars, pipe tobacco, hookah tobacco, snuff, chewing tobacco, dipping tobacco, bidis, blunts, clove cigarettes, or any other preparation of tobacco; and any product or formulation of matter containing biologically active amounts of nicotine that is manufactured, sold, offered for sale, or otherwise distributed with the expectation that the product or matter will be introduced into the human body by inhalation; but does not include any cessation product specifically approved by the U.S. Food and Drug Administration for use in treating nicotine or tobacco dependence.

  • GMP means the amount proposed by Contractor and accepted by Owner as the maximum cost to Owner for construction of the Project in accordance with this Agreement. The GMP includes Contractor’s Construction Phase Fee, the General Conditions Cost, the Cost of the Work, and Contractor’s Contingency amount.

  • Tobacco products means cigars, cigarettes, cheroots, stogies, periques, granulated, plug cut, crimp cut, ready rubbed, and other smoking tobacco, snuff, snuff flour, moist snuff, cavendish, ping and twist tobacco, fine-cut and other chewing tobaccos, shorts, refuse scraps, clippings, cuttings and sweepings of tobacco, and other kinds and forms of tobacco, prepared in such manner as to be suitable for chewing or smoking in a pipe or otherwise, or both for chewing and smoking.

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Dental laboratory means a person, firm or corporation

  • Finished Products means any one or more of the following petroleum oils, or a mixture or combination of these oils, to be used without further processing except blending by mechanical means:

  • Participating Clinical Laboratory means a Clinical Laboratory which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Drug sample means a unit of a prescription drug that is not intended to be sold and is intended to promote the sale of the drug.

  • Aerosol coating product means a pressurized coating product containing pigments or resins that dispenses product ingredients by means of a propellant, and is packaged in a disposable can for hand-held application, or for use in specialized equipment for ground traffic/marking applications.

  • SAP Training Catalogue means the catalogue published by SAP containing details of SAP training courses and services.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Batch means a specific quantity of Product that is intended to have uniform character and quality, within specified limits, and is produced according to a single manufacturing order during the same cycle of manufacture.

  • Clinical laboratory means a facility for the microbiological, serological, chemical, hematological, radiobioassay, cytological, immunohematological, pathological, or other examination of materials derived from the human body for the purpose of providing information for the diagnosis, prevention, or treatment of a disease or assessment of a medical condition.

  • Finished water means the water that is introduced into the distribution system of a public water system and is intended for distribution and consumption without further treatment, except as treatment necessary to maintain water quality in the distribution system (e.g., booster disinfection, addition of corrosion control chemicals).

  • Tobacco product manufacturer means an entity that after the date of enactment of this Act directly (and not exclusively through any affiliate):

  • Peer-reviewed medical literature means a published scientific study in a journal or other publication in which original manuscripts have been published only after having been critically reviewed for scientific accuracy, validity and reliability by unbiased independent experts, and that has been determined by the international committee of medical journal editors to have met the uniform requirements for manuscripts submitted to biomedical journals. Peer-reviewed medical literature does not include publications or supplements to publications that are sponsored to a significant extent by a pharmaceutical manufacturing company or health carrier.

  • Participating Retail Health Clinic means a Retail Health Clinic which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • labelling means any words, particulars, trade marks, brand name, pictorial matter or symbol relating to a food and placed on any packaging, document, notice, label, ring or collar accompanying or referring to such food;

  • Manufacturing Cost means [***].