Deferred Salary Agreement Template for Indonesia

1. Social Security and Benefits: Used when the deferral affects social security contributions or other benefits

2. Interest or Investment Returns: Include when deferred amounts will earn interest or investment returns

3. Force Majeure: Used when specific provisions for extraordinary circumstances affecting payment are needed

4. Union Consultation: Required if the arrangement is subject to collective bargaining agreements

5. Early Withdrawal Rights: Include if employee has rights to access deferred salary before scheduled payment

6. Company Financial Conditions: Used when deferral is linked to company performance or financial status

7. Confidentiality: Include when arrangement terms should remain confidential

1. Schedule A - Payment Schedule: Detailed timeline of when deferred amounts will be paid

2. Schedule B - Calculation Examples: Examples showing how deferred amounts and payments are calculated

3. Schedule C - Tax Implications: Detailed breakdown of tax treatment for different components

4. Appendix 1 - Employee Details: Specific details about the employee's position, current salary, and deferral elections

5. Appendix 2 - Company Policies: Relevant company policies affecting the deferred salary arrangement

6. Appendix 3 - Regulatory Compliance: References to relevant Indonesian labor laws and regulations