Annual wages definition

Annual wages is defined as total wages paid since the last payment of vacation pay. Vacation accrual – After the first year of service, vacation entitlements shall be determined on the basis of an employee's service accrued as of the employee's anniversary date. Increases in vacation pay and entitlement shall be effective on the employees anniversary date.

Annual wages means, in relation to a person, the amount determined by the Board as the wages or salary payable in a year to that person, having regard to his ordinary remuneration, excluding amounts payable in respect of overtime;

Annual wages means, in relation to an employee at a particular time, the amount determined by the Board as the amount of wages or salary payable at that time on an annual basis to that employee, having regard to his ordinary remuneration but disregarding amounts payable in respect of overtime;

Examples of Annual wages in a sentence

• Annual wages for each employee shall be calculated for each contract year (July 1-June 30) based on the hourly wage rates set forth in the Collective Bargaining Agreement.

• During the first year (365 days) of absence pursuant to General Municipal Law 207-C the unit member will receive the following benefits: Uniform Allowance (Section 13.1) Paid holidays (Section 9.1) Vacation accruals (Section 9.2) Annual wages and longevity (Sections 8.1.1 and 8.1.2) Medical/hospitalization (Section 11.1) - the coverage that the unit member had (family or individual) as of the date the 207-C leave commenced shall be continued on the same terms as it is provided to active unit members.

• Partial month payments will be calculated as follows – Annual wages divided by 365 multiplied by days worked (wages ÷ 365 x days worked).

• If an absence pursuant to General Municipal Law Section 207-C extends beyond the first year the unit member will receive the following benefits: Annual wages and longevity (Sections 8.1.1 and 8.1.2) Medical/hospitalization (Section 11.1) - the coverage that the unit member had (family or individual) as of the date the 207-C leave commenced shall be continued on the same terms as it is provided to active unit members.

• Annual wages at the time of hire shall be 80% of base wages, after 1 year 85%, after 2 years 90%, after 3 years 95%, and after 4 years 100%.

• Annual Wages Rate – Annual wages for these positions will be specified as flat dollar amounts.

• The pay for the instructor will based on an annual wage as follows: 10/1/2022 $75,703.00 10/1/2023 $77,974.00 10/1/2024 $80,313.00 Note: Annual wages increases are based on the percentage increase of the Top Driving Rate for Operators Instructors may be removed from the training school for cause, or the instructor may leave school for personal reasons.

• Twenty-four (24) hour shift Personnel: Annual wages are based upon a regular work year of 2,912 hours at a straight time hourly rate.

• Wages during the term of this agreement shall increase as follows: 2013-2014 2.50% (retroactive) 2014-2015 2.00% (retroactive) 2015-2016 2.25% (retroactive) 2016-2017 2.50% 2017-2018 2.50% Annual wages effective for the Fiscal Years covered by this Agreement for the classifications covered by this Agreement are set forth in the Wage Schedules attached hereto as Schedule B.

• Annual wages Commissions Overtime Bonuses Total current income I hereby certify under penalty of perjury under the laws of the United States of America and the laws of the State of California that the statements above are true and complete to the best of my knowledge.