Fortnightly Pay definition

Fortnightly Pay means the ordinary time, all purpose rate of pay for the employee concerned.
Fortnightly Pay means the ordinary time gross all purpose rate of pay for the technician concerned.
Fortnightly Pay means what the Employee would expect to receive for working their Ordinary Hours of Work per fortnight. FWC means the Fair Work Commission. IFA means an individual flexibility arrangement made in accordance with clause 31 of this Agreement.

Examples of Fortnightly Pay in a sentence

  • The fortnightly rate of pay is calculated by applying the following formula - Fortnightly Pay = Annual Salary x 12 ÷ 313.

  • Wage rises and allowances are effective from the First Full Fortnightly Pay Period on or after the effective date of the increase.

  • Fortnightly Pay Cycle Wages shall be paid fortnightly by direct credit to a bank account nominated by the employee.

  • Minimum Fortnightly Pay: A Reserve Officer will receive a minimum of 76 hours pay each fortnight at the appropriate Base Pay Level, even where less than 76 hours of work are allocated to that Officer.


More Definitions of Fortnightly Pay

Fortnightly Pay means the ordinary rate of pay for the Trades and Services Staff member concerned each fortnight.
Fortnightly Pay means the ordinary time earnings for the staff member concerned each fortnight. For the purposes of calculating the length of continuous service under this clause, periods or roster cycles during which a Food and Beverage or Retail seasonal staff member is not engaged shall be excluded. For the purposes of calculating the amount of severance payment for eligible Food and Beverage or Retail staff members, the aggregate ordinary hours worked by the staff member over the length of his/her continuous service shall be applied to determine the staff member’s equivalent fraction of full-time employment.

Related to Fortnightly Pay

  • Passthru payments means any withholdable payment and any "foreign passthru payment," which is currently not defined. The current proposed FATCA regulations (“Proposed Regulations”) state that the Internal Revenue Service and the U.S. Treasury have determined, that withholding on “foreign passthru payments” is not required, pending further guidance and analysis. The Proposed Regulations provide that such withholding will not be effective before the date that is two years after the publication of final regulations defining the term “foreign pass-thru payment”.

  • Fortnight means a period commencing at 0600 hours on first Day of Month and ending on 0600 hours on sixteenth Day of the Month or from 0600 hours on sixteenth Day of the Month to 0600 hours on the first Day of the succeeding calendar month, as the case may be.

  • Monthly Payments has the meaning set forth in Section 7.2B.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Weeks pay means the ordinary weekly rate of wage for the employee concerned.