The University of Western Australia's enterprise bargaining agreements allow for employees to salary package. What this means is that instead of cash an employee may opt to receive part of their salary as a non-cash benefit such as Superannuation. Salary packaging may also be referred to as salary sacrifice or flexible remuneration. It will be important for employees to seek professional financial advice prior to entering into a salary packaging arrangement, when offered by the University.
Salary packaging is voluntary.
The University recognises that each person is an individual and whilst the standard salary arrangements might suit some employees they will not suit all employees. Packaging allows the University to provide flexibility for employees with regards to their pay. The University does charge a fee for employees to salary package to cover the additional costs involved. All salary packaging must be entered into prospectively. No earnings may be packaged retrospectively.