Average hourly compensation definition

Average hourly compensation means a driver's compensation during passenger platform time from, or facilitated by, the transportation network company, during the 365 days immediately prior to the day that paid sick time is used, divided by the total hours of passenger platform time worked by the driver on that transportation network company's driver platform during that period. "Average hourly compensation" does not include tips.
Average hourly compensation means a driver's compensation during passenger platform time for, or facilitated by, the transporta- tion network company during the 365 days immediately prior to the day that paid sick time is used, divided by the total hours of passenger platform time worked by the driver on that transportation network com- pany's driver platform during that period. A transportation network company may also calculate the "average hourly compensation" by adopt- ing a consistent practice of dividing the last 12 full calendar months immediately prior to the day that paid sick time is used by the total hours of passenger platform time worked by the driver on that trans- portation network company's driver platform during that period. "Aver-
Average hourly compensation means the average hourly Compensation received by an Employee from the County during the 6,240 Qualified Hours of Service immediately preceding his respective Lump Sum Freeze Date, determined by dividing the aggregate Compensation received by such Employee from the County during such period by the number of the Employee's Qualified Hours of Service during such period. For this purpose, hours of service before the Original Effective Date do not count.

Examples of Average hourly compensation in a sentence

  • Average hourly compensation for each of the 2196 groups -- two sexes, sixty-one age groups, and eighteen education groups – was obtained by dividing market labor compensation by hours worked for the group.

  • Data on total enterprise regulatory costs were collected for three categories of regulations: o Paperwork and reporting costs, measured by:- Percent of owner/senior management time,- Hours of clerical staff time,- Average hourly compensation for clerical staff, and- Percent of total revenues used to pay costs of:.


More Definitions of Average hourly compensation

Average hourly compensation means the result obtained by dividing the total Compensation paid to an Employee during a considered period by the total number of hours for which such Compensation was received. The considered period shall be the 60 consecutive months within the last ten years of Vesting Service prior to retirement or termination which yield the highest average. Periods of service before and after a Break in Service shall be considered consecutive. An Employee’s Average Hourly Compensation shall be determined in accordance with reasonable and uniform rules and policies adopted by the Plan Administrator, in its sole discretion, which rules and policies shall be consistently observed.

Related to Average hourly compensation

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Eligible Compensation means (i) for eligible exempt employees, such employee’s base salary at the time the Bonus or Spot Bonus is determined (prorated for time in an eligible position), and (ii) for eligible non-exempt and non-union hourly employees, such employees’ eligible wages for the applicable year as determined by the Company to be required by law.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. 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.