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.
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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.
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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.
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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:.

  • Average hourly compensation deflated by the CPI rose 0.32 per cent per year compared to0.78 per cent for average hourly compen- sation deflated by the GDP deflator.

  • Average hourly compensation excludes the self‐employed and concerns a worker’s primary job, the one in which he or she works the greatest number of hours, for workers who hold down more than one job.

  • Average hourly compensation costs of manufacturing employees, selected economies and regions, 2002-2009 74Figure 5.

  • Average hourly compensation (including fringe benefits) in the apparel industry in 2002 was $1.49 in Guatemala, compared with $0.92 in Nicaragua, $1.48 in Honduras, $1.65 in the Dominican Republic, and $2.45 in Mexico.15 However, these compensation figures were much higher than those for many Asian supplying countries (e.g., average hourly compensation was less than $0.50 in Bangladesh, India, and Pakistan).

  • Williams (2021) instead uses historical data provided by Statistics Canada on special request that differs slightly (comparison available upon request).ers.9 Average hourly compensation of employees onlyThis measure excludes the self-employedand therefore avoids challenges with imput- ing their labour income.

  • These self-organizing systems do this by producing dynamic stabilities in interaction with their environments, routing situations from this interaction into a small set of attractor basins, which produce a corresponding small set of behaviors.

Related to Average hourly compensation

  • 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.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Annual Compensation means an amount equal to the greater of:

  • Average final compensation means the average annual creditable compensation of a member during

  • Final compensation of a member means:

  • 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.

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

  • 415 Compensation means:

  • Current Annual Compensation means the greater of:

  • Basic Compensation means Salary and Benefits.

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

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

  • 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.

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • 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;