Employee Wages and Benefits definition

Employee Wages and Benefits means all Employee base salaries, bonuses and other perquisites, as applicable, all other employee benefits, as may be modified from time to time, all federal state or local taxes withheld or otherwise required to paid with respect thereto, liabilities for statutory benefits, including workers’ compensation and unemployment insurance.

Examples of Employee Wages and Benefits in a sentence

  • Employee Wages and Benefits As of the Petition Date, the Company employs approximately 2,200 individuals globally (the “Employees”).

  • Employee Wages and Benefits Section 7.05 All matters pertaining to annual salary and benefits of key personnel shall be discussed and voted upon by a majority vote of the Board of Directors.

  • Adjusted Cash Operating Costs are presented in the table above instead of Cash Operating Costs to avoid double-counting Employee Wages and Benefits and Payments to Government (which are separately presented in columns D and F, respectively) in the above table.

  • Payments to Suppliers MinesFekola NOTESTABLE 3 | 2020 Supply Chain and Local Procurement[1] Adjusted Cash Operating Costs are “Cash Operating Costs” (see “Non-IFRS Measures” in the Cautionary Statement on page ii of the main report) less Employee Wages and Benefits of $112 million and Payments to Government of $3 million directly related to operations.

  • REPORTING The Treasurer will report the date and amount of the Employee Wages and Benefits warrant at the next Select Board meeting.

  • Policy on Treasurer’s Disbursement Warrants for Employee Wages and Benefits: Barrows made a motion that the Board of Selectmen approves the Policy on Treasurer’s Disbursement Warrants for Employee Wages and Benefits dated June 24, 2019.

  • Nothing in this policy is intended to replace the authority of the full Select Board, acting by majority vote, to act on any treasurer’s warrant, including warrants for Employee Wages and Benefits.

  • Policy on Treasurer’s Disbursement Warrants for Employee Wages and BenefitsIn order to pay employees on the weeks that we do not have a Selectmen’s meeting the Board must approve a Policy on Treasurer’s Disbursement Warrants for Employee Wages and Benefits, see draft enclosed.

  • Employee Wages and Benefits) ❖ Employee wages and benefits represent 82% of Town and School expenses ❖ Collective Bargaining ❖ JLMC Jurisdiction over Police and Fire Bargaining ❖ Health Insurance with GIC ❖ 83% contribution rate combined with Health Reimbursement Account for high deductibles ❖ Separate but coordinated bargaining with a Public Employee Committee (including retirees) ❖ Pensions and OPEB Funding 27 LONG‐RANGE FINANCIAL PLAN ❖ Important to take a longer outlook on financial and budget issues.

  • Policy on Treasurer’s Disbursement Warrants for Employee Wages and Benefits: Laite made a motion, seconded by Ray that the Board of Selectmen approves the Policy on Treasurer’s Disbursement Warrants for Employee Wages and Benefits dated June 14, 2021.

Related to Employee Wages and Benefits

  • Terms and Benefits means the Terms and Conditions together with the Benefit Schedule (including the Schedule of Surgical Procedures) and any related Supplement(s) as certified by the Government under this Certified Plan.

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m)(i).

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Fringe benefits means the amount of:

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Employment benefits means all benefits provided or made

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Severance Benefits means the payment of severance compensation as provided in Section 3.3 herein.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive’s employment for reasonable and necessary expenses incurred by the Executive on behalf of the Employer for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, but subject to any deferral election then in effect, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained at the target level (reduced, but not below zero, by amounts paid under all such contingent bonus or incentive compensation awards upon the Change in Control of the Company to the extent such amounts relate to the same period of time); and (v) all other payments and benefits to which the Executive (or in the event of the Executive’s death, the Executive’s surviving spouse or other beneficiary) may be entitled on the Termination Date as compensatory fringe benefits or under the terms of any benefit plan of the Employer, excluding severance payments under any Employer severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company’s prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits; provided that payments pursuant to clause (iv)(B) shall be paid on the first day of the seventh month following the month in which the Executive’s Separation from Service occurs, unless the Executive’s Separation from Service is due to death, in which event such payment shall be made within 90 days of the date of Executive’s death.

  • Extended benefits means benefits, including benefits payable to federal civilian employees and to ex-servicemen under 5 U.S.C. Chapter 85, payable to an individual under the provisions of this section for weeks of unemployment in his eligibility period.

  • the Contributions and Benefits Act means the Social Security Contributions and Benefits Act 1992;

  • Medical Benefits Schedule means the Medicare Schedule of Benefits produced by the Department of Health to which all fees and benefits relate for inpatient hospital services.

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • Essential Health Benefits means, under section 1302(b) of the Patient Protection and Affordable Care Act, those health benefits to include at least the following general categories and the items and services covered within the categories: ambulatory patient services; Emergency Services; hospitalization; maternity and newborn care; mental health and substance abuse disorder services, including behavioral health treatment; prescription drugs; rehabilitative and habilitative services and devices; laboratory services; preventive and wellness services and chronic disease management; and pediatric services, including oral and vision care.

  • Medical Benefits means the monthly fair market value of benefits provided to the Employee and the Employee’s dependents under the major medical, dental and vision benefit plans sponsored and maintained by the Company, at the level of coverage in effect for such persons immediately prior to the Employee’s termination of employment date. The “monthly fair market value” of such benefits shall be equal to the monthly cost as if such persons elected COBRA continuation coverage at such time at their own expense.

  • Unemployment compensation means cash benefits (including depend- ents’ allowances) payable to individ- uals with respect to their unemploy- ment, and includes regular, additional, emergency, and extended compensa- tion.(2) Regular compensation means unem- ployment compensation payable to an individual under any State law, but not including additional compensation or extended compensation.(3) Additional compensation means un- employment compensation totally fi- nanced by a State and payable under a State law by reason of conditions of high unemployment or by reason of other special factors.(4) Emergency compensation means supplementary unemployment com- pensation payable under a temporary Federal law after exhaustion of regular and extended compensation.(5) Extended compensation means un- employment compensation payable to an individual for weeks of unemploy- ment in an extended benefit period, under those provisions of a State law which satisfy the requirements of the Federal-State Extended Unemploy- ment Compensation Act of 1970, as amended, 26 U.S.C. 3304 note, and part 615 of this chapter, with respect to the payment of extended compensation.

  • Bereavement Pay Benefits means the benefits as set out in Article II hereof.

  • Additional Benefits means quantifiable and verifiable enhancement of conservation of biodiversity and/or improvement of local livelihoods realized as a result of implementation of the REDD activities;

  • Pension Benefits Act means The Pension Benefits Act of Ontario and regulations thereunder as amended from time to time.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.