Common use of Deferred Salary Scheme Clause in Contracts

Deferred Salary Scheme. 4.16.1 Employees who have completed three (3) consecutive years' full-time service with the employer at the time of application may apply to be included in a deferred salary scheme. The scheme will enable employees, over a five-year period, to receive eighty per cent (80%) salary for the first four

Appears in 2 contracts

Sources: Religious Institute Schools Agreement, Diocesan Schools Agreement

Deferred Salary Scheme. 4.16.1 β€Œ 4.17.1 Employees who have completed three (3) consecutive years' full-time service with the employer at the time of application may apply to be included in a deferred salary scheme. The scheme will enable employees, over a five-year period, to receive eighty per cent (80%) salary for the first four

Appears in 2 contracts

Sources: Single Enterprise Collective Agreement, Single Enterprise Collective Agreement

Deferred Salary Scheme. 4.16.1 Employees 1Employees who have completed three (3) consecutive years' full-full time service with the employer at the time of application may apply to be included in a deferred salary scheme. The scheme will enable employees, over a five-year period, to receive eighty per cent (80%) % salary for the first fourfour continuous years of the nominated period, and take the fifth year as special leave, using the accumulated reserves of deferred salary.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement