Gross annual earnings definition

Gross annual earnings means the employees gross earnings to date (including vacation pay).
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Gross annual earnings means total taxable earnings excluding vacation pay for the fifty-two (52) week period from January 1 to December 31st.
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Gross annual earnings means the employee’s gross earnings in accordance with Statement of Remuneration Paid. If a General Holiday falls within an employee’s vacation period, the employee will be granted another day in lieu thereof. In the event the employee wishes to advance or extend vacation period by the General Holiday, the employee shall provide notice at the time of vacation selection. In the event the employee decides not to advance or extend vacation period by the General Holiday, then Article shall apply as day was a Floater. The rules governing holiday pay set forth in hereof shall apply. The alternate day chosen as a replacement for the General Holiday shall be paid based on the number of hours that the employee would have received had not been on vacation during the period in which the General Holiday fell. In other words, if the employee would have received eight (8) hours pay for the General Holiday, the day substituted as the General Holiday must be an eight (8) hour Shift. Article
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Examples of Gross annual earnings in a sentence

  • Gross annual earnings (if you are an employee) The basic annual salary (including contractual bonuses and maternity or paternity pay) you are earning (before the deduction of income tax).

  • Covered payroll: Gross annual earnings for the prior plan year ending on the valuation date, increased by the salary assumption to reflect estimated payroll for the year following the valuation date.

  • Gross annual earnings (if you are self-employed) Your gross personal income from your business during the 12 months immediately preceding the date upon which you became totally disabled from following your own occupation, and before the deduction of income tax, excluding income you receive from dividends, savings, investments or gifts.

  • Gross annual earnings data (per employer) published by Eurostat for firms with 10 or more employees [earn_ses10_an].

  • Costs of Doing Business 2017 Figure 16: Average annual gross & net earnings, single individual, no children, 100% of average earnings22, 2015 Gross annual earnings (€) Net annual earnings (€) thIreland had the 8€90,000€80,000Annual Earnings (€)€70,000€60,000€50,000€40,000€30,000€20,000€10,000HungaryGermany€0highest gross and 6th highest net wage level in the Euro area-19 in 2015.

  • Gross annual earnings cover remuneration in cash and in kind paid during the reference year before any tax deductions and social-security contributions payable by wage earners and retained by the employer.The main difference between annual and monthly earnings is that annual earnings are not only the sum of the direct remuneration, bonuses and allowances paid to an employee in each pay period.

  • Instead of supporting the system’s existing teachers, the DCBOEhired an outside contractor.

  • Gross annual earnings include basic wages, performance-related pay and non-performance related bonuses before the deduction of workers’ social security contributions and income tax.They are net of employers’ social security contributions.

  • DefinitionsCovered pay Gross annual earnings subject to contributions.

  • Gross annual earnings are the wages from which social security contributions are inferred, plus employee contributions to pension and early retirement schemes.


More Definitions of Gross annual earnings

Gross annual earnings means the employee's gross earnings in accordance with Statement of Remuneration Paid. If a General Holiday falls within an employee's vacation period, the employee will be granted another day in lieu thereof. In the event the employee wishes to advance or extend vacation period by the General Holiday, the employee shall provide notice at the time of vacation selection; in the event the employee selects an alternate day, the employee shall provide the three (3) day notice set forth in hereof. The rules governing holiday pay set forth in hereof shall apply. ARTICLE SENIORITY Length of in the bargaining unit will be the sole determining factor in ascertaining seniority. Seniority will be on a bargaining unit basis in accordance with Article After an employee has acquired seniority under this clause, seniority shall back to the last day of hiring. Effective February new hire and former employees hired as new hire because of loss of seniority as described in of this Agreement shall be on probation for a period of sixty (60) continuous working days from the date of hire with the Company. Those who serve beyond the probationary period will have seniority from last date of hire. Probationary employees may be subject to discipline, discharge, demotion, transfer, or layoff at the sole discretion of the Company. Such discretion should be exercised in a fair and reasonable manner.
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Gross annual earnings shall be calculated in accordance with the Employment Standard Act.
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Gross annual earnings means all wages paid by the Employer, but not money paid by WCB, unemployment insurance or long-term disability.
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Related to Gross annual earnings

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

  • Weekly Earnings means, in the case of a day or shift worker, 40 hours x his regular rate;

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Annual Compensation means an amount equal to the greater of:

  • Ordinary time earnings means the salary, wage or other remuneration regularly received by the employee in respect of the time worked in ordinary hours and shall include shift work penalties, payments which are made for the purpose of District or Location Allowances or any other rate paid for all purposes of the award to which the employee is entitled for ordinary hours of work. Provided that "ordinary time earnings" shall not include any payment which is for vehicle allowances, fares or travelling time allowances (including payments made for travelling related to distant work), commission or bonus.

  • Average annual payroll means the average of the annual

  • 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.

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.