Fixed Remuneration means the portion of Remuneration which in particular is based on predetermined criteria, non-discretionary, transparent, permanent, not related to performance criteria and does not provide incentives for risk assumption, non-revocable, cannot be reduced, suspended or cancelled by the institution.
Fixed Remuneration means the portion of Remuneration which is not Variable Remuneration, i.e. the awarding or amount of which is not at the Company’s discretion and is not dependent on the occurrence of agreed conditions.
Fixed Remuneration means an Employee’s base salary and where applicable, any fixed pay or roll-based allowance. Fixed Remuneration is pre-determined, non-discretionary and is not dependent on an individual’s performance. Fixed Remuneration shall generally be determined annually and shall be communicated to the Employee as Fixed Remuneration or any other comparable term adopted by an Employer.
Examples of Fixed Remuneration in a sentence
Any increases to minimum superannuation contributions required under legislation will be made to your Fixed Remuneration (not including our superannuation contribution), and will be in addition to the annual pay increases in clause 6.
More Definitions of Fixed Remuneration
Fixed Remuneration means all contractually agreed Remuneration that is not linked to performance (and which, for the avoidance of doubt, excludes variable remuneration and severance payments which are not considered Fixed Remuneration);
Fixed Remuneration means the portion of Remuneration, which in particular is based on predetermined criteria, non-discretionary, transparent, permanent, not related to performance criteria and does not provide
Fixed Remuneration means payments and benefits to staff meeting the conditions for their award referred to Article 13 of this Decision.
Fixed Remuneration means remuneration other than variable remuneration.
Fixed Remuneration means that portion of the remuneration which is not variable within the meaning of number 3 above;
Fixed Remuneration means the contractually agreed monthly salary paid out in arrears and non-cash benefits.
Fixed Remuneration means the portion of remuneration which is payable to employees without any linkage to performance evaluation. “Variable Remuneration” means portion of remuneration which is payable to employees on the basis of evaluation of their performance.