Basic Earnings definition

Basic Earnings means:
Basic Earnings means your base wage of earnings received from the employer immediately prior to the date total disability starts. Basic earnings are based on your normal work week, but in no event for a work week of more than 40 hours. Basic earnings do not include bonus, overtime, or any plan of deferred or extra income. If the Schedule of Benefits so states, basic earnings will include base earnings plus earnings for extracurricular activities agreed to as part of your employment contract.
Basic Earnings means: (i) the minimum annual rate of pay prescribed for the Teacher by

Examples of Basic Earnings in a sentence

  • The number of shares used in computing Diluted earnings per share comprises the weighted average number of shares considered for computing Basic Earnings per share and also the weighted number of equity shares that would have been issued on conversion of all potentially dilutive shares.

  • Basic Earnings Per Share (‘EPS’) is computed by dividing the net profit attributable to the equity shareholders by the weighted average number of equity shares outstanding during the year.

  • Basic Earnings per share are calculated by dividing the net profit or loss for the period attributable to equity shareholders (after deducting preference dividends and attributable taxes) by the weighted average number of equity shares outstanding during the period.

  • The Group Basic Earnings per share is determined based on the net profit attributable to the shareholders of the parent.

  • The Group presents Basic Earnings Per Share (EPS) for its ordinary shares.


More Definitions of Basic Earnings

Basic Earnings means the total amount paid by the Corporation or any Affiliate to a Participant in the twelve (12) months immediately preceding the onset of the Participant’s disability, (a) including salary, wages, regular cash bonuses and commissions, lump sum payments in lieu of foregone merit increases, “bonus buyouts” as the result of job changes, and any portion of such amounts (i) voluntarily deferred or reduced by the Participant under any employee benefit plan of the Corporation or any Affiliate available to all levels of Employees of the Corporation and/or any Affiliate(s) on a non-discriminatory basis upon satisfaction of eligibility requirements or (ii) voluntarily deferred or reduced under any executive deferral plan of the Corporation or any Affiliate (so long as such amounts would otherwise not have been excluded had they not been deferred), but (b) excluding any pension, retainers, severance pay, special stay-on bonus payments, income derived from stock options, stock appreciation rights and restricted stock awards and dispositions of stock acquired thereunder, payments dependent upon any contingency after the period of Credited Service and other special remuneration (including performance units).
Basic Earnings means: (i) the minimum weekly or hourly rate of pay prescribed for the Employee by Clause 9Wage Rates; (ii) allowances paid pursuant to subclauses 11.3 to 11.6, 11.9 to 11.12 and 11.15 (iii) shift loadings paid pursuant to Clause 14 – Shiftwork;
Basic Earnings means: (i) the minimum annual rate of salary prescribed from time to time for the Principal by subclause 13.1 Minimum Annual Salary; (ii) the amount of any payment made to the Principal pursuant to Clause 20 - Salary Adjustment Formula and Student Vacation Periods, Clause 21 – Annual Adjustment of Salary Formula and Clause 28 Termination of Employment; and (iii) any other payment that is ‘ordinary time earnings’ (OTE) as defined in subsection 6(1) of the Superannuation Guarantee (Administration) Act 1992 (SGAA).
Basic Earnings for any year means the annual amount of Earnings not in excess of the Year's Maximum Pensionable Earnings.
Basic Earnings means the weekly or hourly rate of pay prescribed for the employee by this award including the following:
Basic Earnings means a Participant's total earnings received as an employee as salary or wages in the twelve months immediately preceding the onset of the Participant's disability, including any amounts deferred under a plan qualified under Section 401(k) of the Internal Revenue Code, amounts contributed on a Participant's behalf on a salary reduction basis to a cafeteria plan described in Section 125 of the Internal Revenue Code, cash bonuses and commissions, but excluding any pension, retainers, severance pay, income derived from stock options, stock appreciation rights and restricted stock awards and dispositions of stock acquired thereunder, payments dependent upon any contingency after the period of Credited Service and other special remuneration (including performance units).
Basic Earnings means the minimum rate of pay prescribed for the employee by this award.