2.8 Salary Packaging

2.8 SALARY PACKAGING

2.8.1 All eligible staff may choose to enter into a salary packaging arrangement with the University’s salary packaging provider for the purpose of receiving a salary lower than that to which they are entitled under Schedule 1, in exchange for a "benefit" of equivalent value.

2.8.2 Packaging will not affect the staff member’s salary for the following purposes:

(i) termination payments including superannuation, annual leave and long service leave;

(ii) calculation of redundancy benefits;

(iii) calculation of professional staff overtime and shift penalties;

(iv) calculation of annual leave loading;

(v) calculation of salary-based allowances; and,

(vi) calculation of superannuation contributions.