Average Earnings Clause Samples
The Average Earnings clause defines how an employee's typical income is calculated for purposes such as determining compensation during leave, severance, or other employment-related payments. This clause usually specifies a reference period—such as the previous 12 weeks or months—and outlines which types of earnings (like base salary, overtime, or bonuses) are included in the calculation. By establishing a clear and consistent method for calculating average pay, the clause ensures fairness and transparency in financial matters that depend on an employee's earnings history.
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Average Earnings. 1. In determining average earnings for labour purposes, the statutory provisions of Section 351 et seq. of the Labour Code shall be followed, provided that:
a) remuneration shall be included in the quarter in which it is granted, unless a longer period is specified;
b) where an employee's payable wage (its part), is accounted for a period longer than the calendar quarter, for the purposes of ascertainment of average earnings per such calendar quarter, its proportional part per this calendar quarter shall be calculated; the remaining part (parts) of the said wage(s) or salary shall be included in the employee's gross wage(s) for the purposes of ascertainment (calculation) of average earnings in the following period (or periods). The number of further periods shall be determined in accordance with the total time for which the wage is provided. For the purposes of ascertainment of average earnings, an employee's gross wage for the decisive period shall also include the wage proportional part pursuant to the first sentence corresponding to the time of work performance (the time for which work was done). The average number of working hours per month in an average year is used to calculate monthly gross earnings. The calculation is therefore based on the employee's weekly working time, the average year (365.25 days for this purpose) and the average number of weeks per month (4.348 weeks).
2. If, in a calendar month, an employee is paid remuneration from a single source in excess of five times their tariff wage, its payment shall be deemed to be made over a period of at least two quarters and shall be included in at least two periods for the purpose of determining average earnings. In the case of remuneration exceeding ten times the tariff wage, then within four periods.
Average Earnings. Average earnings of individuals, in constant dollars, aged 16-64 by disability status Distribution of Earnings Educational Attainment Previous Canada-▇▇▇▇▇▇ ▇▇▇▇▇▇ Island Agreements
Average Earnings. The term "Average Earnings" means the average of Executive's Earnings for the 1998 through 2002 calendar years.
Average Earnings. Average Earnings shall have the meaning set forth in the Retirement Plan, as it may be amended from time to time.
Average Earnings. 27.1 Average earnings for labour-law purposes shall be determined in compliance with legal regularization included in provisions of § 351 to § 362 of the Labour Code, with the following specifications: • Other salary shall be calculated for the period which has been determined for its calculation, • Premiums shall be included in the trimester in which they were provided unless a longer period has been specified.
Average Earnings. Bereavement Pay ..............................
Average Earnings. 1. In determining average earnings for labour-law purposes, the legal provisions contained in Section 351 et seq. of the Labour Code shall apply, where:
a) bonuses shall be included in the quarter in which they were provided unless a longer period has been set;
b) if salary (or part thereof), provided for a period longer than a calendar quarter, is accounted for payment to an employee in the decisive period, its proportional part corresponding to a calendar quarter shall be determined for the purposes of determining the average earnings; the remaining part(s) of this salary shall be included in the gross salary in determination of the average earnings in the following period(s). The number of following periods shall be determined according to the total period of time for which the salary is provided. For the purposes of determining the average earnings, the gross salary in the decisive period shall include the proportional part of the salary pursuant to the first sentence corresponding to the period of work performed. The average number of working hours per month in an average year shall be used for calculating the gross monthly earnings. Thus, the calculation is based on the weekly working hours of the relevant employee, an average year (for this purpose, 365.25 days) and average number of weeks per month (4.348 weeks).
2. If a bonus from a single source is accounted for payment to an employee in a calendar month in an amount exceeding five times the employee’s tariff salary, the bonus shall be considered to have been provided for a period of at least two quarters and shall be included in at least two periods for the purposes of determining average earnings. For a bonus exceeding ten times the tariff salary, the bonus shall be included in four periods.