Gross earning definition

Gross earning as used herein, shall be understood to mean the total earnings realized by an employee from the payment of wage rates for straight time, overtime, vacation pay and statutory holiday pay.
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Gross earning as used herein, shall be under- stood to mean the total earnings by an em- ployee from the payment of wage rates for straight time, overtime, vacation pay and statutory holiday pay. Holiday pay will be issued on a cheque from the employee’s regular pay cheque.
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Gross earning means in respect of each Calculation Period, all of the revenue generated by the Pool of Funds attributed to the Total
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Examples of Gross earning in a sentence

  • Gross earning must not exceed 3 million dollars for the previous calendar year.

  • Employees shall be entitled to an annual vacation with pay, or separation pay in lieu thereof, in accordance with the following table: Years of Service Duration of Vacation in Working Days Payment: % of Gross earning since January 1st Less than 1 year 1.5 days per month (max.

  • Pakistan RailwayTable 2.26: Performance of Pak Railways billion Rupees FY05 FY06 percent change Gross earning 17.6 18 2.4Passengers KM 22.1 25.6 16.2Cargo KM 5.1 5 -2.1 No. of carriages 1.9 1.9 1.6 Source: Pakistan RailwaysPakistan railway has remained a very poor performer in the past facing huge losses due to inefficient management under public sector ownership.

  • Gross earning for last year and two years past, including base pay, overtime, bonuses, and commissions.

  • Gross earning of an employee is the employee cost to the organization.Employer's contribution to PF, FPS and ESI are identifiable with each employee.

  • The monitoring of this risk is done through two main parameters: A limit in GeaR "Gross earning at Risk", limits in volumes of exchange position (Short // Long) and Limits on Greeks (Delta - Gamma - Vega) for currency options.

  • In addition, if the grant contemplates new personnel, the grant should also be reviewed by the Human Resources Director prior to submission to the BOCC to ensure that the classification and compensation of the proposed employee are appropriate and in compliance with the County’s compensation and classification matrix.

  • The facility is repayable on demand and the bank has a right of recourse in the event of non-payment by customers.NOTES TO THE FINANCIAL STATEMENTSFOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2010 24.

  • Gross earning per year, University institution Note: (For the year 2008: Law 3205/2003, Government Gazzette (G.G.) 297 / A '/ 01-01-04, Law 3554/2007, GG80 / A' / 16-4-2007, Income policy of the year 2008 based on a document no.

  • Eligibility For Benefit (2013) Gross earning of $3,962 (in 2013), of which 800 must have beenpaid in one quarter and $1,850 in another quarterMaximum Weekly Benefit Amount (2013): $362 Maximum Benefit Entitlement Period: 26 weeks Tax Rate and Tax Basetax rate-new employers Lesser of state rate or 2.5 percent tax rate applies to the taxable wage base.new employers pay at the assigned rate for at least two calendar years.

Related to Gross earning

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

  • Includible Compensation means an Employee’s actual wages in box 1 of Form W-2 for a year for services to the Employer, but subject to a maximum of $245,000 (or such higher maximum as may apply under section 401(a)(17) of the Code) and increased (up to the dollar maximum) by any compensation reduction election under section 125, 132(f), 401(k), 403(b), or 457(b) of the Code (including any Elective Deferral under the Plan). Beginning in 2009 and thereafter, such term also includes any “differential pay” that may be received from the Employer while performing qualified military service under section 414(u) of the Code. The amount of Includible Compensation is determined without regard to any community property laws.

  • Eligible Compensation means (i) for eligible exempt employees, such employee’s base salary at the time the Bonus or Spot Bonus is determined (prorated for time in an eligible position), and (ii) for eligible non-exempt and non-union hourly employees, such employees’ eligible wages for the applicable year as determined by the Company to be required by law.