Base payroll definition

Base payroll means the Vermont gross salaries and wages paid as
Base payroll means total payroll adjusted

Examples of Base payroll in a sentence

  • Base payroll increases should only be reviewed through June 30, 2021, because that is the 10 end of the six-month update period.

  • Base payroll should be set at test-year levels and CenterPoint has not established that an increase beyond test-year levels is reasonable, nor have the Intervenors established that a base payroll level below test-year levels is appropriate.

  • Compensation Base payroll costs for 2021-22 is forecasted to be approximately $480 million, which includes a projection for subsidiaries Manitoba Hydro International and Manitoba Hydro Utility Services, but does not include overtime or benefits.

  • The following table shows the Disability Reserve as of June 30, 2014: * Base payroll increased by 8% to reflect the Employer paid member contributions to CalPERS.

  • Base payroll and related payroll taxes and benefits of employees are designated on Exhibit 3(c)(ii) hereto.


More Definitions of Base payroll

Base payroll means total payroll adjusted for any nonrecurring bonuses, exercise of stock option or stock rights and other nonrecurring, extraordinary items included in total payroll, and
Base payroll means the Vermont gross salaries and wages paid as compensation to full-time Vermont jobs held by non-owner employees as of the date a business with an approved application commences its proposed economic activity.
Base payroll means the total Vermont gross wages and salaries actually paid to full-time, nonowner employees.(7) "But-for" means the determination of whether, in the absence of the economic incentive sought, the proposed economic development would not occur or would occur in a significantly different and significantly less desirable manner.(8) "Capital investment target" means qualifying capital investment in an award period year as represented on the Vermont employment growth incentive application.(9) "Full-time job" means a permanent position filled by an employee who works at least 35 hours each week.(10) "Incentive percentage" means the percentage applied to qualifying payroll in order to calculate earned incentives.(11) "Incentive ratio," set at 80 percent, is the percentage applied to the preincentive net fiscal benefit in order to calculate the maximum award that may be authorized under this section.(12) Repealed.](13) "Jobs target" means the projected number of new qualifying jobs in an award period year as reported on the Vermont employment growth incentive application.(14) "Net fiscal benefit" means the excess of the present value benefit to the State over the present value cost to the State as calculated by the cost- benefit model.(15) "Nonowner" means an employee with no more than 10 percent ownership interest, including attribution of ownership interests of the employee's spouse, parents, spouse's parents, siblings, and children.(16) "Payroll target" means the projected Vermont gross wages and salaries for qualifying jobs in an award period year as reported on the Vermont employment growth incentive application.(17) "Payroll threshold" means expected average industry payroll growth as determined by the cost-benefit model.(18) "Projected average wage" means the total payroll targets divided by the total jobs targets. (7) “Non-owner” means a person with no more than 10 percent ownership interest, including attribution of ownership interests of the person’s spouse, parents, spouse’s parents, siblings, and children.(8) “Payroll performance requirement” means the minimum value of Vermont gross salaries and wages a business must pay as compensation for one or more qualifying jobs.(9) “Qualifying job” means a new, permanent position in Vermont that meets each of the following criteria:(A) The position is filled by a non-owner employee who regularly works at least 35 hours each week.(B) The business provides compensation for the position that equals or exceeds the...
Base payroll means total payroll for the calendar year the construction, acquisition, or expansion assets are first placed in service and the subsequent four (4) calendar years of eligibility.
Base payroll shall be the annualized wages, salaries, commissions and other compensation of all employees located at the Project site immediately prior to the finalization of the CRA Agreement.

Related to Base payroll

  • Base Pay means the greater of (i) Executive’s annual base salary rate, exclusive of Bonus, as in effect immediately preceding Executive’s Termination Date, and (ii) Executive’s highest annual base salary rate, exclusive of Bonus, in effect at any time during the three years immediately preceding the Change in Control.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

  • 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.

  • Payroll means the total salary and wages to be paid in a Taxable Year to a New Employee and Retained Employee.

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Final compensation of a member means:

  • Weekly Earnings means, in the case of a day or shift worker, 40 hours x his regular rate;

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

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