Additional cash compensation definition

Additional cash compensation means all payments made by a jurisdiction to a class of employees when the payments are made to all employees in the class and when the payments exceed the maximum of an established payment range. Additional cash compensation includes lump sum payments and bonus payments except:
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Examples of Additional cash compensation in a sentence

  • Additional cash compensation equivalent to the single subscriber premium for health insurance plan and the premium that would have been required for the Dental Plan, Vision Plan, Basic Term Life and AD&D Plan ($5000) and Supplemental Term Life Plan ($10,000).

  • Additional cash compensation includes bonuses and allowances based on factors such as sales, productivity and persistency.

  • Additional cash compensation in the amount of $602,914, representing 1.5 times the sum of ▇▇▇▇▇▇’▇ annual base salary plus ▇▇▇▇▇▇’▇ target annual cash incentive under LP’s annual incentive programs for 2019, of which $301,457 shall be paid within 15 calendar days after the Separation Date and the remainder shall be paid on the first payroll date after January 1, 2020.

  • Additional Cash – Additional cash compensation shall be paid for certified staff members that opt out of above referenced Plans A, C, D and E (based on 1.0 FTE).