Average Earnings Index definition

Average Earnings Index means the average earnings index:
Sample 1Sample 2Sample 3
Average Earnings Index means the average earnings index for the whole economy as published from time to time by the Office of National Statistics or, if such index shall cease to be published or if there is a material change in the basis of the index, such other average earnings index as DLRL may, after consultation with the Franchisee, determine (acting reasonably) to be appropriate in the circumstances;
Sample 1
Average Earnings Index means the index of that name published from time to time by the Office for National Statistics or its replacement from time to time.
Sample 1

Examples of Average Earnings Index in a sentence

  • We have updated this estimate to 2008 figures using the Average Earnings Index produced by the Office for National Statistics12, giving an hourly wage rate for administrative and clerical staff in 2008 of £9.29.In addition, the Better Regulation Executive advises that employers’ overheads are included when considering the cost of administrative time13, providing an overall hourly cost estimate of administrative time of £12.

  • The licensee shall in 2001 and subsequent years, not later than January 31 of each year, pay to the Agency this amount updated in accordance with changes in the Public Sector Average Earnings Index from the date of the licence to the renewal date.

  • The increase in the maintenance charge shall not be greater than the rate of inflation as determined by the Average Earnings Index.

  • Increase in NMW rates from October 2008In this IA, our main assumption is that the hourly pay of all those earning less than the October 2008 rates increases in line with average earnings growth (measured by the Average Earnings Index) between Spring 2007 and October 2008.

  • The professional indemnity insurance premium is also expected to rise with the expansion of services provided by the Council to Academy Schools and other external organisations.Claims handling costs are expected to be broadly similar although the contract allows for an annual Average Earnings Index increase in respect of this element.

  • In the event that the Company does not increase the Fees in one or more years of the Agreement, it shall be entitled to increase some or all of the Fees retrospectively by an amount equal to the aggregate equivalent increase in the Average Earnings Index plus five (5) per cent for the number of years in question.

  • Total workforce jobs are available by gender and broad industry.EarningsFor estimates of change in earnings (e.g. pay growth in the economy), a non-LFS source, the Average Weekly Earnings (AWE) (formerly the Average Earnings Index (AEI)) is the most suitable source.

  • Increase in NMW rates from October 2009In this IA, our main assumption is that the hourly pay of all those earning less than the October 2009 rates increases in line with average earnings growth (measured by the Average Earnings Index excluding bonuses) between Spring 2008 and October 2009.

  • The BEAMA Labour Cost Index is based upon the National Average Earnings Index figures for the Engineering Industry produced by the UK Office for National Statistics and takes into account National Insurance Statutory Payments, variations in paid holidays and the working week.

  • In their report OXERA stated that “given the present relatively high rate of inflation in Jersey and the high rate of wage increases, a policy of linking the minimum wage to either the Retail Price Index or (especially) the Average Earnings Index would tend to erode the competitiveness of Agriculture and Tourism still further.” Other jurisdictions also operate similar methods of uprating.


More Definitions of Average Earnings Index

Average Earnings Index means the average earnings index for the whole United Kingdom economy as published from time to time by the Office of National Statistics or, if such index shall cease to be published or if there is a material change in the basis of the index, such other average earnings index as is an equivalent replacement, or if there is not a replacement, as the BBC may, after consultation with CTI, reasonably determine to be appropriate in the circumstances.
Sample 1
Average Earnings Index the index of average earnings for private-sector earnings as published by the Office for National Statistics from time to time, or failing such publication, that other index as the parties may agree most closely resembles such index. Benchmarking Data: anonymised data related to the Customer and the Approved Supplier Contracts which BSA may retain for benchmarking and cost modelling purposes. Charges: the charges payable by the Customer for the Services which may become due and payable pursuant to this agreement. Commission: means any commission, fee or other benefit that BSA receives from an Approved Supplier in connection with an Approved Supplier Contract.
Sample 1

Related to Average Earnings Index

  • Final Average Earnings means the earnings used to determine benefits under this Plan as further described in Article 7.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • CPI Index is defined in Section 2.1(c) of this Agreement.

  • Compounded Index means either the SONIA Compounded Index or the SOFR Compounded Index, as specified in the relevant Final Terms;

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Core Earnings means, with respect to any Person for any period, net income determined in accordance with GAAP of such Person and its consolidated subsidiaries and excluding (but only to the extent included in determining net income for such period) (i) non-cash equity compensation expense, (ii) the expenses incurred in connection with the formation of the Sponsor and the offering in connection therewith, including the initial underwriting discounts and commissions, (iii) acquisition costs from successful acquisitions (other than acquisitions made in the ordinary course of business), (iv) real property depreciation and amortization, (v) any unrealized gains or losses or other similar non-cash items that are included in net income for the current quarter, regardless of whether such items are included in other comprehensive income or loss, (vi) extraordinary or non-recurring gains or losses and (vii) one-time expenses, charges or gains relating to changes in GAAP; provided that Core Earnings shall, solely with respect to the Core Earnings attributable to any Non Wholly-Owned Consolidated Affiliate, only include the Consolidated Group Pro Rata Share of such attributable amount.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of the Borrower, the Borrower’s net income after provision for income taxes for such fiscal period, as determined in accordance with GAAP and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain arising from any write-up in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by the Borrower in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person in which the Borrower has an ownership interest unless (and only to the extent) such earnings shall actually have been received by the Borrower in the form of cash distributions; (e) earnings of any Person to which assets of the Borrower shall have been sold, transferred or disposed of, or into which the Borrower shall have been merged, or which has been a party with the Borrower to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain arising from the acquisition of debt or equity securities of the Borrower or from cancellation or forgiveness of Debt; (g) gains or non-cash losses arising from Hedge Agreements entered into by Borrower, and (h) gain arising from extraordinary items, as determined in accordance with GAAP, or from any other non-recurring transaction.

  • Final average salary means whichever of the following is greater:

  • Reference Year shall have the meaning given it in the Summary.

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Final Average Pay means, for purposes of Section 5 the average of Employee's three (3) highest years of Compensation during the ten (10) calendar year period immediately preceding the calendar year in which Employee Retires, and for purposes of determining death benefits under Section 6 the average of Employee's three (3) highest years of Compensation during the ten (10) calendar year period immediately preceding the calendar year containing Employee's date of death. The foregoing notwithstanding, any calendar year in which Employee has no Compensation from the Corporation shall be ignored in determining such ten calendar year period.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • SOFR Compounded Index means the Compounded SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • Adjusted EPS means earnings per share further adjusted for share-based payments, amortization of acquired intangible assets, items outside the normal scope of our ordinary activities (including other items, within selling, general and administrative expenses, losses/(gains) on items held at fair value and remeasurements through profit and loss, impairment losses on tangible assets, and impairment losses on intangible assets) and the related tax effects of these adjustments. Adjusted EPS provides a basis for comparison of our business operations between current, past and future periods by excluding items that we do not believe are indicative of our core operating performance. Adjusted EPS may not be comparable to other similarly titled metrics of other companies.

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Severance Multiplier means, with respect to any termination of Employee’s employment hereunder by the Company without Cause or by Employee with Good Reason, 1; provided, however, that in the event such termination occurs within the two (2) year period following a Change in Control, the Severance Multiplier shall instead equal 2.

  • Average VWAP means the average of the VWAP for each Trading Day in the relevant period.

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders: