Basic Remuneration definition

Basic Remuneration means remuneration paid by the credit institution to a senior executive or member of staff under contract between the credit institution and the senior executive or member of staff on a regular basis in the form of wages, which should appropriately reflect relevant professional experience and responsibility as set out in an employee’s job description as part of the terms of employment, including other benefits which are paid to other employees as well;

Basic Remuneration means a fixed monthly amount of remunerationreceived by a Risk Taker arising from a contract being the basis for Employment with mBank or Employment with mBank Group;

Basic Remuneration means the basic remuneration of HK$90,000 per month referred to in Clause 3.1, as the same may be increased by the Board from time to time;

Examples of Basic Remuneration in a sentence

• REMUNERATION AND TERMS OF PAYMENT [AMOUNT OF REMUNERATION] On account of the Contractor's performance of the obligations resulting from the Agreement, except for the obligations related to conducting Workshops, the Contracting Authority will pay the Contractor the remuneration in the amount of [●](Basic Remuneration) [the amount of Basic Remuneration to be determined according to the content of the Contractor's bid].

• If the Contractor does not comply with the Repair Time of the Metering Device or ZKB, the Contracting Authority will have the right to demand from the Contractor the payment of the following contractual penalties in the amount of ____% of the calculation value of Basic Remuneration stipulated in the Agreement with regard to the given Device (net unit price of the given Device) for each commenced week of delay, however in total no more than _____% of that value in the given unit case.

• If the Contracting Authority withdraws from the Agreement for the reasons attributable to the Contractor, the Contractor will pay the Contracting Authority the contractual penalty in the amount of _____ % of Basic Remuneration.

More Definitions of Basic Remuneration

Basic Remuneration means all regular pecuniary payments, irrespective of name or form of calculation, payable to the employee for work performed in accordance with an agreement between the employer and the employee or by legal regulation;

Basic Remuneration means the basic remuneration to be received by a labour for employment, and this term also include amount of increment in remuneration after completion of one year of the employment period.

Basic Remuneration means in respect of any Permanent Worker or Temporary Worker, the basic annual salary following their Engagement or where there is no salary the basic rate of pay multiplied by the basic number of hours over a 12 month period, but in either case excluding all benefits in kind, bonuses, commissions or form of variable remuneration;

Basic Remuneration means the remuneration that the Practitioner is entitled to charge as contemplated in section 143(1) of the Act in accordance with the tariff prescribed in section 143(6) and Regulation 128(1)(b) of the Act, which is R2 000 (including VAT):

Basic Remuneration means wages, salary or sick pay but excludes overtime pay, severance pay, bonuses and Northern Living Allowance.

Basic Remuneration means, at the relevant time, the annual remuneration to which the Executive is entitled to be paid by the Company as describes in Clause 4.1;

Basic Remuneration means a fixed monthly amount of remuneration