Compensated Leave definition

Compensated Leave means the accumulation of time off with pay, whereby a full-time employee shall receive the regular rate of compensation although he/she does not report for duty. Compensated leave shall include the following provisions: Article 16. Holidays and Article 17.
Sample 1Sample 2
Compensated Leave means that the Employee is allowed leave time and is compensated at the same rate of pay which he or she would have received had they worked a regular day of work for each day of leave time used by the Employee.
Sample 1Sample 2Sample 3

Examples of Compensated Leave in a sentence

  • Compensated Leave approval procedure for state and county jury service: School teachers are no longer exempt from serving as jurors (except in extenuating circumstances).

  • Calculation of salary increases for those on Compensated Leave (Sabbatical) The salary increase for an employee returning from a sabbatical leave will be calculated using one of the two methods that follow: An individual on sabbatical and away from his/her position for a one-year sabbatical will be entitled to a salary increase for the year subsequent to his/her return to his/her position based on the average of his/her job performance ratings during the most recent three years.

  • Market confidence is increasing, rents are stabilizing and steady, gradual improvement will start to occur.

  • It is recommended that the Board approve the SECOND READING of Policy No. 838.1-AR-1:Request for Compensated Leave.

  • During the term of his employment hereunder, the Executive shall be entitled to and receive as an additional benefit at least four (4) weeks of personal time off each fiscal year under the Company’s Compensated Leave Policy, during which time his compensation shall be paid in full.

  • Particulars Year ended (₹ in Lakhs) Year ended (ii) Compensated Leave (unfunded) 31.03.2013 31.03.2012 Defined benefit obligation of compensated absence in respect of the employees of the Company is arrived on the basis of actuarial valuation conducted as on 31.03.2013 which works out to ₹ 6,38.06 lakhs.

  • Defined Contribution PlansAmount recognized as expense in respect of Compensated Leave Absence is ` 2,230,872 (Previous Year` 2,504,877).Amount recognized as an expense in respect of “Contribution to Provident and other Funds” is ` 5,396,415 (Previous Year ` 5,303,774) 31.

  • Prior Year Compensated Leave Liability: $173,537 Compensated leave liability was deducted in calculating the CFO beginning balance; therefore, this amount must be subtracted in order to get to the Unreserved Fund Balance for the fund per theSchedule IC.

  • West Hollywood7, CA.047 hours of Compensated Leave for each hour worked;0.039 hours of Uncompensate d Leave for each hour worked48 hourscompensated time; 80 hours of uncompensated time.Up to a maximum of 192 hours compensated time; 80 hours uncompensa ted time.Unlimited.Colorado8Statewide1 hr./30 hrs.

  • Effective:Upon the expiration of her disability – January 31, 2005 Compensated Leave of Absence Assignment/Classification Change Assignment Ended Appointments 1.

Related to Compensated Leave

  • Compensated time means, with respect to an employee, any time worked by or credited to the employee that counts toward any minimum work time requirement imposed as a condition of his or her employment, but for purposes of this Ordinance, does not include any designated holidays, vacation periods, personal time, compensatory time off or any period when the employee is on a leave of absence. With respect to officers or employees whose hours are not fixed, "compensated time" includes any period of time when the officer is on premises under the control of the employer and any other time when the officer or employee is executing his or her official duties, regardless of location.

  • Non-Highly Compensated Employee means an Employee who is not a Highly Compensated Employee.

  • Highly Compensated Employee means any Employee who:

  • Nonhighly Compensated Employee means an Employee who is not a Highly Compensated Employee.

  • 415 Compensation means:

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

  • Non-Highly Compensated Participant means any Participant who is neither a Highly Compensated Employee nor a Family Member.

  • Highly Compensated Participant means any Highly Compensated Employee who is eligible to participate in the Plan.

  • Highly Compensated Former Employee means a former Employee who had a separation year prior to the "determination year" and was a Highly Compensated Employee in the year of separation from service or in any "determination year" after attaining age 55. Notwithstanding the foregoing, an Employee who separated from service prior to 1987 will be treated as a Highly Compensated Former Employee only if during the separation year (or year preceding the separation year) or any year after the Employee attains age 55 (or the last year ending before the Employee's 55th birthday), the Employee either received "415 Compensation" in excess of $50,000 or was a "five percent owner." For purposes of this Section, "determination year," "415 Compensation" and "five percent owner" shall be determined in accordance with Section 1.28. Highly Compensated Former Employees shall be treated as Highly Compensated Employees. The method set forth in this Section for determining who is a "Highly Compensated Former Employee" shall be applied on a uniform and consistent basis for all purposes for which the Code Section 414(q) definition is applicable.

  • Paid leave means time away from work by an employee for which the employee receives compensation. Paid leave is limited to sick time, vacation time, compensatory time, and leave that is provided as an aggregate amount for use at the discretion of the employee for any of these purposes. Paid leave does not include paid short-term or long-term disability, catastrophic leave, or similar types of benefits.

  • Annual Leave and Clause 6.3 “Personal (Sick) Leave” of this Agreement.

  • maternity leave means a period during which a woman is absent from work because she is pregnant or has given birth to a child, and at the end of which she has a right to return to work either under the terms of her contract of employment or under Part 8 of the Employment Rights Act 1996;

  • Highly Compensated Individual means an individual defined under Code Section 125(e), as amended, as a "highly compensated individual" or a "highly compensated employee."

  • paternity leave means a period of absence from work on leave by virtue of section 80A or 80B of the Employment Rights Act 1996;

  • Reduced leave schedule means a leave schedule that reduces the usual number of hours per workweek, or hours per workday, of an employee.

  • FMLA Leave means a leave of absence, which the Company is required to extend to an Employee under the provisions of the FMLA.

  • Final compensation of a member means:

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

  • compensatory leave means leave with pay in lieu of cash payment for overtime. The duration of such leave will be equal to the overtime worked multiplied by the applicable overtime rate.

  • 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.

  • Compensation Year means a period of 12 months expiring 31 March in any year;

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

  • Paid sick leave – means paid leave under the Emergency Paid Sick Leave Act.

  • Access Compensation is the compensation paid by one Party to the other Party for the origination/termination of intraLATA toll calls to/from its End User. Access compensation is in accordance with the LEC’s tariffed access rates.

  • maternity or paternity leave of absence means, for Plan Years beginning after December 31, 1984, an absence from work for any period by reason of the Employee's pregnancy, birth of the Employee's child, placement of a child with the Employee in connection with the adoption of such child, or any absence for the purpose of caring for such child for a period immediately following such birth or placement. For this purpose, Hours of Service shall be credited for the computation period in which the absence from work begins, only if credit therefore is necessary to prevent the Employee from incurring a 1-Year Break in Service, or, in any other case, in the immediately following computation period. The Hours of Service credited for a "maternity or paternity leave of absence" shall be those which would normally have been credited but for such absence, or, in any case in which the Administrator is unable to determine such hours normally credited, eight (8) Hours of Service per day. The total Hours of Service required to be credited for a "maternity or paternity leave of absence" shall not exceed 501.

  • 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.