Basic Salary definition

Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.
Basic Salary means the salary, as specified in Clause 6.1.1 or, as appropriate, the reviewed annual salary from time to time;
Basic Salary means salary as per relevant schedule or Collective Agreement, exclusive of overtime and is prorated for half-time employees.

Examples of Basic Salary in a sentence

  • Basic salary means a participating employee's regular salary, including any retroactive pay adjustments, but does not include overtime or any other special payments, for example allowances, differentials, lump-sum payments.

  • This contract of employment is terminable by Ninety days advance notice by the Company on payment of Basic salary in lieu of notice, and the Company in such a case is not bound to give any reason, therefore.

  • You will receive a Basic salary of INR 21,418 per month which shall be deemed to include basic and dearness allowance, and which may at any later date be so split at the discretion of the Company.

  • Basic salary means a participating employee’s regular salary including any retroactive pay adjustments but does not include overtime or any other special payments, e.g., allowances, differentials, lump-sum payments.


More Definitions of Basic Salary

Basic Salary for plan 2 members, means salaries or wages earned by a member during a payroll period for personal services, including overtime payments, and shall include wages and salaries deferred under provisions established pursuant to sections 403(b), 414(h), and 457 of the United States Internal Revenue Code, but shall exclude lump sum payments for deferred annual sick leave, unused accumulated vacation, unused accumulated annual leave, or any form of severance pay. In any year in which a member serves in the legislature the member shall have the option of having such member's basic salary be the greater of:
Basic Salary has the meaning attributed to such term in section 5.1;
Basic Salary means the annual notch that an official is employed on divided by 12. It excludes additional remuneration from overtime or other allowances;
Basic Salary is the salary calculated after verifying training and experience according to the salary schedule in Appendix "C".
Basic Salary means the basic monthly salary, including
Basic Salary means the salary fixed by law or administrative action before deductions and exclusive of ad- ditional compensation of any kind. It includes the salary fixed by sections 401, 402, 403, and 406 of the Act and sal- ary incident to assignment under sec- tion 503 of the Act. Basic salary ex- cludes premium pay for overtime, § 19.2night, Sunday and holiday work, allow- ances, post and special differentials, and charge´ pay.
Basic Salary means the basic monthly salary, including longevity pay, attached to the rank held by the retired firefighter at the date of his or her retirement, without regard to extra compensation which such firefighter may have received for special duties assignments not acquired through civil service examination: PROVIDED, That such basic salary shall not be deemed to exceed the salary of a battalion chief.