Common use of Monthly Salary Clause in Contracts

Monthly Salary. Monthly salary means the current monthly salary. Fixed monthly salary, in this context, means - fixed monthly salary supplements (e.g., fixed shift supplements or overtime supplements) - such commissions, profit sharing, bonuses, or the like, earned during periods of absence without a direct connection to the personal work efforts of the salaried employee - guaranteed minimum commissions or the like. If a period of leave comprises one or more entire calendar months/settlement periods, the entire monthly salary of the salaried employee shall be deducted for each of such calendar months/settlement periods.

Appears in 10 contracts

Samples: Agreement on General Terms, Working Hours and Continuing Education, Agreement on General Terms, Working Hours and Continuing Education, Agreement on General Terms, Working Hours and Continuing Education

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Monthly Salary. Monthly salary means shall be understood as the current monthly salary. Fixed monthly salarysalary in cash, in this context, means shall be understood as - fixed monthly salary supplements (e.g., fixed shift supplements or overtime supplements) - such commissionscommission, profit sharing, bonuses, bonuses or the like, like earned during periods of absence without a direct connection to the personal work efforts of the salaried employee employee, - guaranteed minimum commissions commission or the like. Performance pay for outplaced salaried employees is not included. If a period of leave comprises one or more entire calendar months/settlement periods, the entire monthly salary of the salaried employee shall be deducted for each of such calendar months/settlement periods.

Appears in 3 contracts

Samples: General Employment Conditions, General Employment Conditions, Agreement for Salaried Employees

Monthly Salary. Monthly salary means the current monthly salary. Fixed monthly salary, in this context, means - fixed monthly salary supplements (e.g., e.g. fixed shift supplements or overtime supplements) - such commissions, profit sharing, bonuses, or the like, earned during periods of absence without a direct connection to the personal work efforts performance of the salaried employee - guaranteed minimum commissions or the like. If a period of leave comprises one or more entire calendar months/settlement periods, the entire monthly salary of the salaried employee shall be deducted for each of such calendar months/settlement periods.

Appears in 1 contract

Samples: General Terms and Working Hours Agreement

Monthly Salary. Monthly By monthly salary means is meant the current monthly salary. Fixed monthly salary, in this context, means - fixed monthly salary supplements (e.g., fixed shift supplements or overtime supplements) - such commissions, profit sharing, bonuses, or the like, earned during periods of absence without a direct connection to the personal work efforts contribution of the salaried employee - guaranteed minimum commissions or the like. Performance pay for travelling salaried employees is not included. If a period of leave comprises one or more entire full calendar months/settlement payment periods, the entire full monthly salary of the salaried employee shall be deducted for each of such calendar months/settlement payment periods.

Appears in 1 contract

Samples: Agreement for Salaried Employees in Staffing Agencies

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Monthly Salary. Monthly salary means the current monthly salary. Fixed monthly salary, in this context, means - fixed monthly salary supplements per month (e.g., e.g. fixed shift supplements or overtime supplements) - such commissions, profit profit-sharing, bonuses, or the like, bonuses and suchlike that are earned during periods of absence without a direct connection leave and that are not directly linked to the salaried employee’s personal work efforts of the salaried employee - performance – guaranteed minimum commissions commission or the likesuchlike. If a period of leave comprises of absence encompasses one or more entire whole calendar months/settlement periods, the salaried employee’s entire monthly salary of the salaried employee shall be deducted for each of such the calendar months/settlement periods.

Appears in 1 contract

Samples: General Terms and Conditions of Employment

Monthly Salary. Monthly salary means the current monthly salary. Fixed monthly salary, in this context, means - fixed monthly salary supplements per month (e.g., e.g. fixed shift supplements or overtime supplements) - such commissions, profit profit-sharing, bonuses, or the like, bonuses and suchlike that are earned during periods of absence without a direct connection leave and that are not directly linked to the salaried employee’s personal work efforts of the salaried employee - performance – guaranteed minimum commissions commission or the like. suchlike If a period of leave comprises of absence encompasses one or more entire whole calendar months/settlement periods, the salaried employee’s entire monthly salary of the salaried employee shall be deducted for each of such the calendar months/settlement periods.

Appears in 1 contract

Samples: General Terms and Conditions of Employment

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