Popular Terms. Government actions which affects the operations of a company or business. These actions may be on local, regional, national or international level. Business owners and managers pay close attention to the political environment to gauge how government actions will affect their company.
Salary payments. An annual salary is an agreement about the amount of pay for work over a 12 month period. They are often included in employment contracts. An employer and employee can agree that an annual salary covers entitlements like: 1  minimum weekly wages. 2  penalties. 3  overtime. 4  allowances. 5  annual leave loading.n annual salary is an agreement about the amount of pay for work over a 12 month period. They are often included in employment contracts.
Also entitled to an annual leave lump sum payment is an employee who: Enters on active duty in the armed forces and elects not to retain his or her annual leave to his or her credit, except that restored annual leave must be liquidated by a lump sum payment;