Minimum Basic Wage definition

Minimum Basic Wage means the lowest basic wage fixed by the Board that an employer should pay his/her workers or employees for services rendered on normal working days and hours;
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Examples of Minimum Basic Wage in a sentence

  • An hourly minimum wage of CI$ 6 was established as at 1 March 2016 through the Labour (National Minimum Basic Wage) Order 2016.

  • In order to ensure that it is meeting the needs of the country and the policy objectives of the minimum wage, the National Minimum Basic Wage will need be studied and reviewed on a regular basis going forward, as recommended in the MWAC 2015 Report.

  • An employer cannot pay any less than the appropriate National Minimum Basic Wage, but that does not prevent an employer from paying more than the National Minimum Basic Wage.

  • The inclusion of commissions in the computation of meeting the National Minimum Basic Wage must not however prevent that employee from receiving all commissions earned.

  • The National Minimum Basic Wage Minimum Wage would be applicable for all regular hours that an employee works.

  • Because the current Labour Law does not apply to charitable organisations and churches, these employers are currently exempt from the National Minimum Basic Wage Order.However, once the Labour Relations Bill is finalised, approved in the Legislative Assembly and enacted, it is expected that churches and charitable organisations would be covered by the law and then would be required to pay their employees at least the National Minimum Basic Wage.

  • Any National Minimum Basic Wage prescribed under subsec- tion (1) shall not apply to the payment of wages to juveniles required by any law to attend school; and(2) The principal law is amended in section 21(1), by deleting the words “recommen-dations as to the minimum rates of wages which should be payable” after the word “make” and substituting the words “rec- ommendation as to any increase in the national minimum basic wage.”All those in favour, please say Aye.

  • The effective National Minimum Basic Wage is the gross rate; therefore, this is the ratebefore applicable pension and health insurance deductions.

  • However, for the computation of an employee’s wages that works on a commission basis, the employer may use no more than 25% or CI$1.50 per hour to be allocated from the commission earned by the employee to be put towards making the National Minimum Basic Wage of that employee.

  • Once the Labour Relations Bill is finalised, approved in the Legislative Assembly and enacted, it is expected that the Law will allow for no more than 25% or CI$1.50 per hour to be allocated from the gratuities earned by the employee to be put towards making the National Minimum Basic Wage, and the stated National Minimum Basic Wage for these employees will be amended to be CI$6.00 per hour gross, to bring it in line with all other employees.

Related to Minimum Basic Wage

  • relevant minimum wage means the minimum wage and includes any incremental adjustment prescribed in this award for the class of work for which an employee is engaged

  • Minimum wage means wages as defined under the Minimum Wages Act-1948 and amended from time to time.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Minimum qualifications” are qualifications mandated for the position and which must be possessed by a Unit Member before the individual can be considered for employment in a specific classification.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Minimum data set means the data required by the Australian Government from Community Care service outlets, in the form prescribed by the Australian Government, which data is shared with the Queensland Government;

  • Normal weekly hours of work means the lesser of 40 hours or