Example 2
Josh is a Store Manager 3 and before the commencement of this Agreement, he has a base
salary of $90,000 per annum and receives a fully maintained vehicle.
When this Agreement commences, Josh will continue with this benefit until 1 July 2025
The minimum base salary for the Store Manager 3 who has the benefit of a fully maintained
vehicle is $82,407 (i.e. $88,127 less $5,720). Josh's new base salary is $96,280 (i.e.
$90,000 plus $12,000 less $5,720).
At the end of the lease, Josh's base salary will increase by $5,720.