Maximum Salary definition

Maximum Salary means the highest salary step of the salary range assigned to a classification;
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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 some his current term of employment earned the long service increment; or, the Job rate where no salary range has been assigned a class;
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Maximum Salary means (i) the highest period of the highest grade assigned a class; or (ii) the job rate where no grade has been assigned a class.
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Examples of Maximum Salary in a sentence

  • In such cases, the Long Service Maximum Salary of the new classification shall be considered the Maximum Salary for that Employee.


More Definitions of Maximum Salary

Maximum Salary means the highest period of the highest step assigned to a class;
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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.
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Maximum Salary means the maximum salary payable under Schedules 1 and 2 of this Agreement.
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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.
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Maximum Salary means; the highest salary of the pay range assigned to a classification, or, the job rate where no pay range has been assigned to a classification;
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Related to Maximum Salary

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

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Annual Salary means the salary given under this Part.

  • Final Salary means the average annual salary for service for which

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Salary as defined in Section 3.1(a).

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

  • Leave Salary means the monthly amount paid by the University to an employee who is on leave.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Monthly salary means the current fixed monthly salary in cash. For part-time employees, the salary shall be adjusted to correspond to a full-time salary.

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

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

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

  • Maximum Benefit means the maximum benefit amount of each of the benefits covered under this Policy as stated in the Schedule of Benefits.

  • Final average salary means whichever of the following is greater:

  • Annual Cash Compensation means the sum of (a) the highest annual Base Salary in effect for the Executive and (b) the greater of (i) the Executive’s bonus for the most recently-completed year, if any, or (ii) the annualized amount of the Executive’s target bonus for the then current year.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • 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)):