Save. ***Share of Savings: Salary packaging results in a tax saving for employees. Accepting a rural work contract also means your supporting NSW rural communities with the challenges they are currently facing due to the ongoing rural workforce shortages. The availability of benefits is subject to your employers approval. Please enable scripts and reload this page. Maxxia will handle your information in accordance with its Privacy Policy. Salary packaging means that you give up part of your salary in exchange for particular fringe benefits and potentially reduce the amount of income tax you pay, giving you increased disposable income. The important thing is that these benefits form part of your remuneration. $4,145if employee contributions of $7,000are made. But what if you could pay for them with your pre-tax money, potentially reducing your taxable income? SALARY PACKAGING OF SUPERANNUATION EMPLOYER GUIDELINES . If you are on a short term contract SalaryPackagingPLUS can maximise your salary deductions to enable you to package your full benefit within the period of your contract. I acknowledge that salary packaging may result in a reportable fringe benefit on my annual payment summary or income statement, I acknowledge the information provided by SalaryPackagingPLUS does not constitute financial or taxation advice. Salary packaging can be used for a variety of living expenses such as mortgage repayments, residential rent payments, credit card payments, school fees etc. As a NSW Health employee, you are paid the salary set out in your role description, plus a compulsory employer superannuation contribution (9.5% of salary) and an annual leave loading (17.5%). The salary packaging year runs from 1 April to 31 March (the same as the fringe benefit tax year) however you can start at any time. Contact the Employee Benefits team on 8848 5111 or salary.packaging@health.nsw.gov.au. Maxxia Pty Ltd | ABN 39 082 449 036. The total value of evidence you supply should be equal to or more than the amount you wish to salary package annually. Staff can claim up to $9,009 per fringe benefit tax year (1 April 31 March) on items which are not subject to GST. Existing employees in eligible incentivised positions and locations may be entitled to the incentives as retention payments speak to your manager if you think this is you. Permanent employees and their immediate family members are eligible to participate in Fitness Passport. This includes 14 weeks paid maternity leave and one week paid parental leave with up to 51 weeks of unpaid parental leave is also available to the other parent. Job email alerts. 532668. What this means is if you're one of the million-plus Australians employed in the health industry, you could, depending on your employer, put $9,010 in tax-free dollars towards costs that you'd ordinarily incur anyway - such as groceries, utility bills and mortgage or rent repayments. Newcastle, Newcastle, Maitland & Hunter NSW. We offer attractive maternity, adoption and parental leave options for employees who have completed 40 weeks of continuous service within NSW Health. This limit reduces to $8,172 for items which incur GST. One week paid parental leave, with up to 51 weeks of unpaid parental leave, is also available to the other parent. Theyre the principles that guide how we create our teams, choose our leaders and build a company thats the right fit for everybody. Such election must be made prior to the Business Development Manager, Support Coordinator. Now. Salary packaging. There are various types of development opportunities available including training, conferences and tertiary study, and you can access study leave for opportunities that are aligned to your current role and/or future career prospects. If you have any questions regarding Salary Packaging please contact SalaryPackagingPLUS on 1300 402 523 or via email. Salary packaging is available to most permanent full-time, permanent part-time and temporary employees. and non-cash benefit items. You can still benefit from salary packaging even if you have a HELP/HECS debt provided the tax benefit you receive is greater than the increased HELP/HECS debt. You can accumulate up to three ADOs at a time. Our people are the very heart of our organisation and we passionately believe that the growth and development of each individual within ISLHD is fundamental to our organisation. Those projects that are winners in their categories are then selected to present their work at the NSW Health Innovation Awards as well as other NSW government award processes. You can accumulate up to three ADOs at a time. Please attach Documented Evidence of every expense you have selected to salary package. Australian Taxation Office for the Commonwealth of Australia. Salary packaging can offer you greater flexibility to match your individual lifestyle . To make sure we get it right, staff, patients, carers and the community are involved in planning and design. Australias health workers doctors, nurses, midwives and hospital and ambulance staff put in long hours each day, providing a critical service to the community. Yes. ISLHD has five (5) key formal recognition awards: The SAVR Awards are ISLHDs way of formally recognising the contribution and effort of employees and volunteers in our Local Health District with 14 award categories along with the annual Chief Executive Award. ( If employed by Any other employer or The Salvation Army, please click HERE to return to the application forms section to select the appropriate application form. ) Salary+car (withemployee contributions), Income after tax and salary sacrifice amount, Reportable fringe benefits amount for employee's income statement or payment summary, (car fringe benefit taxable value of $7,0001.8868). You should seek financial advice before entering into a salary sacrifice arrangement. Salary sacrificing is also known as salary packaging or total remuneration packaging. If you exceed these cap limits, you may incur an FBT Liability. Department of Health, NSW 73 Miller Street North Sydney NSW 2060 Locked Mail Bag 961 North Sydney NSW 2059 Telephone (02) 9391 9000 Fax (02) 9391 9101 . Work flexibility is very important at ISLHD and we provide our people with a range of benefits and conditions to assist with balancing the demands of work and personal life where possible. As a NSW Health employee, the arrangements for your salary packaging are based on a 50% share of savings arrangement. The afternoon session is dedicated to completing Respecting the Difference face-to-face mandatory training. Nominated by their peers and colleagues for outstanding professional achievements and demonstrated commitment and dedication to going the extra mile. Here are a few of the most popular benefits you can choose to offer your employees. You and your employer agree for you to receive less income before tax and in return your employer pays for certain benefits of similar value for you. Through salary packaging you can use up to $9,009 of your pre-tax income each year towards an approved personal expenses. Over 75% of Australian health service employees are salary packaging. Our Aboriginal workforce Jobs to Careers, Our staff with a disability or long term health condition, Diversity, Inclusion and Belonging Strategy 2021-2024, Salary packaging information for financial advisors. Aged & Disability Support. The morning session consists of a variety of presentations from staff on topics such as CORE Values, Communication and Work Health and Safety. Its a great way to ensure that employees know what they are tasked and how they are progressing. Salary packaging is an Australian Taxation Office approved way of paying for some items with your pre-tax salary, which lowers your taxable income and increases your take-home pay. The information for financial advisors page has been developed to assist financial advisors. With the introduction of co-designed facilities, new clinical services and cutting edge technology the district leads the way in innovative change and offers a range of exciting career opportunities. And with our focus on financial performance, we'll make sure you secure . Average salary for Trivium Packaging Health And Safety Coordinator in Crawley, England: [salary]. The maximum dollar value of benefits that employees can 'package' without creating a Fringe Benefits Tax (FBT) liability is $9,005 per annum (which equates . These are not fringe benefits if your employer pays them to a complying super fund. and administration fee, recognising that the amount of deduction will vary from time to time. The information provided in this form is true and correct to the best of my knowledge. To setup your Salary Packaging arrangements, click here to access the online application form. Lunch with Leaders is another way that ISLHD formally recognises employees for their excellence in commitment and contribution. Employees approved to participate in the Scheme may take a break of one year away from their position covered by the Award the Deferred Salary Leave Year. Salary packaging works by reducing your gross salary by the cost of the benefit provided (which includes your share of the tax savings and the administration fee). You and your employer agree for you to receive less income before tax and in return your employer pays for certain benefits of similar value for you. At ISLHD we are not just offering jobs, we are offering you the opportunity to excel in your chosen field and to experience a work life balance. Can I salary package if am on a temporary contract? I am eligible to participate in my employers salary packaging program. If you have permanently relocated specifically to take up your new position with HNELHD, there may be costs relatedto your relocation that you can Salary Package in addition to 'normal' Salary Packaging if you meet the eligibility criteria. Local recognition and reward activities should be a part of regular team activities, a way to acknowledge peoples contributions and celebrate their success. As an Officer you are eligible to package up to 30% of your fortnightly allowance. Employees who complete a minimum three years of service in an eligible role and location may receive approval for a right of return to their substantive position or a priority transfer to their preferred location following their completed incentivised service. This is clearly marked. If you have relocated, please note this in your Salary Packaging application, or complete the Relocation Expenses form available on the SalaryPackagingPLUS website. Based on 1 salaries posted anonymously by Trillium Health Care Products Packaging Operator employees in Smiths Falls, ON. At the conclusion of two years incentivised service, employees are eligible to receive further incentives associated with another incentivised role at any eligible location. If Meal Entertainment is selected, I confirm that this benefit will only be used for Meal Entertainment expenses as per my employers policy. If your employer has to pay FBT, they may ask you to make an employee contribution to reduce the FBT they have to pay. Seek professional independentadvice before making a decision. The projects are part of the NSW Governments commitment to: Expansions to existing services will meet increasing demand, and the creation of new services will reduce the need to travel for treatment. Salary Package your day to day Expenses and Save. These tax exemptions can be significant and definitely something to consider if youre ever considering employment in the public/non-private health industry. This is supported by ISLHDs Leadership Practices Framework and Guide. Examples of evidence include: Please include your complete
Can I salary package if I work part time? Important information: This general information doesnt take your personal circumstances into account. If you have been successful for an incentivised position and you wish to finalise your incentive package, or you simply want to know more before you apply, please speak with the position's hiring manager. All eligible employees are paid super into a complying super fund or retirement saving account (RSA). Tax, benefit & Medicare Levy calculations are approximate, and assume no other taxable income is received. We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations. You may be trying to access this site from a secured browser on the server. Salary packaging works by reducing the employees gross salary by the cost of the benefit provided (which includes the employers share of the tax savings and the administration fee). New customers transitioning to SalaryPackagingPLUS. FACS leave is available for a range of personal reasons encompassing family responsibilities, performance of community service or cases of pressing necessity. Salary Packaging: is beneficial to most HNELHD employees and may increase your take-home pay! Address: Level 12,717 Bourke StreetDocklands, VIC 3008. If not, you
Please note, while Salary Packaging is beneficial to most staff, including those who have a HECS/HELP debt, it is recommended that you obtain independent financial advice before starting. Expenses paid with direct debits from your pay are not salary sacrificed. Little support given by management and hardly any leadership. Salary packaging Mastercard cards make salary packaging even easier. What happens if I receive family tax benefits from Centrelink? To find a medical vacancy within WSLHD,click here; and for all other vacancies please visit our Career Portal. However, there are still many items that can be salary packaged by our employees, including: Novated vehicle leases Pros Good pay. They have the freedom to choose their own superannuation scheme or alternatively, if no election is made, an account will be set up with First State Super. We value and celebrate the achievements and performance of our staff through ISLHDs Recognition and Reward Framework. Salary packaging is available to most permanent full-time, permanent part-time and temporary employees. WSLHD offers a range of vocational training packages, including qualifications in leadership and management, health terminology and project management.