Common use of Flexible remuneration packaging Clause in Contracts

Flexible remuneration packaging. 18.1 Employees may have access to a flexible remuneration packaging scheme. The scheme allows an employee to receive non-salary benefits in lieu of salary. 18.2 The key requirements of the scheme are that: (a) the scheme operates at no cost to DHA; (b) participation is entirely voluntary; and (c) employees may be required to obtain financial advice to be able to participate in the scheme. 18.3 Salary for superannuation, severance and termination purposes for an employee, who has elected to convert part of his or her salary to non-salary benefits, shall be determined as if the salary packaging arrangements did not exist.

Flexible remuneration packaging. 18.1 14.1 Employees may have access to a flexible remuneration packaging scheme. The scheme allows an employee to receive non-salary benefits in lieu of salary. 18.2 14.2 The key requirements of the scheme are that: (ai) the scheme operates at no cost to DHA; (bii) participation is entirely voluntary; and (ciii) employees may be required to obtain financial advice to be able to participate in the scheme. 18.3 14.3 Salary for superannuation, severance and termination purposes for an employee, who has elected to convert part of his or her salary to non-salary benefits, shall be determined as if the salary packaging arrangements did not exist.