Maximum Salary definition

Maximum Salary means: (i) the highest step of the highest pay range assigned a class; or (ii) the job rate assigned to a class.
Sample 1Sample 2Sample 3
Maximum Salary means the highest salary step of the salary range assigned to a classification;
Sample 1Sample 2Sample 3
Maximum Salary means: the highest period in the Employees pay range below the period; or the period for a class provided an Employee had at time during his current of employment earned the long service increment; or, the job rate where no salary range has been assigned a
Sample 1

Examples of Maximum Salary in a sentence

  • Maximum Salary ReductionI understand that the total amount of my salary reduction contributions in any calendar year cannot exceed the applicable amount for that year.

  • Maximum Salary Reduction I understand that the total amount of my salary reduction contributions in any calendar year cannot exceed the applicable amount for that year.

  • The range between the Minimum Salary Rate, the Journey Level Salary Rate, and the Performance Maximum Salary Rate, shall be an “open range” with no incremental salary steps.

  • For each classification and salary range, there shall be a Performance Maximum Salary Rate that is at least twenty percent (20%) higher than the Journey Level Salary Rate.

  • The salary range is divided into a Minimum Salary, a Mid-Range Salary, and a Maximum Salary.

  • MLS may reduce the per Player Maximum Salary Budget Charge percentage in its sole discretion; provided that, for purposes of Article 29, the Maximum Salary Budget Charge shall be set at 12.5% of the Team Salary Budget.

  • An out-of-contract Player whose Salary Budget Charge exceeded the Maximum Salary Budget Charge for the immediately preceding League Season, and whose Salary Budget Charge for the next League Season, based on an offer from his current Team, will also exceed the Maximum Salary Budget Charge, will not be eligible for Free Agency.

  • The range between Mid-Range Salary and the Maximum Salary is intended to provide the potential for growth in compensation for the employee over their employment with the Town based on meritorious performance.

  • For option decline Players, the League will not prevent or interfere with a Team accepting a Player at his option price (Section 29.5(b)(ii)) or at the maximum increase allowed at compensation less than his declined option price and less than the Maximum Salary Budget Charge (Section 29.5(b)(iii)).

  • An out-of-contract Player whose Salary Budget Charge exceeded the Maximum Base Salary for the immediately preceding League Season, and whose current Team did not make him an offer in excess of the Maximum Salary Budget Charge, may go through Free Agency provided that he agrees to a new SPA that results in his Salary Budget Charge being less than the Maximum Salary Budget Charge.


More Definitions of Maximum Salary

Maximum Salary means the highest period of the highest step assigned to a class;
Sample 1
Maximum Salary means the highest total salary available in a pay band within the alternative pay schedule. Maximum salary does not include the longevity allowance as described in 2-18-304 MCA.
Sample 1
Maximum Salary means the maximum salary payable under Schedules 1 and 2 of this Agreement.
Sample 1
Maximum Salary means the maximum value of salaries for Instructors/Academic Assistants I, II, and III as set out in Schedule A.01.3 of ASCA.
Sample 1

Related to Maximum Salary

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Salary as defined in Section 3.1(a).

  • Accrued Base Salary means the amount of Executive's Base Salary which is accrued but not yet paid as of the Date of Termination.

  • Target Bonus has the meaning described in Section 4(b).

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):