Monthly salary definition

Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.
Monthly salary means the W-2 reportable compensation received by a member during the month.
Monthly salary means the current fixed monthly salary in cash.

Examples of Monthly salary in a sentence

  • Monthly salary means - fixed monthly salary in cash plus any fixed monthly salary supplements (e.g., fixed shift supplements or overtime supplements) - the estimated average monthly income from commissions, profit sharing, bonuses, incentive pay or similar variable salary elements.

  • Monthly salary rate is defined as the base monthly salary paid to a position.

  • Monthly salary shall be understood as the current fixed monthly salary in cash.

  • Monthly salary payments to the employee shall be provided in the same manner but at the reduced amount.

  • Monthly salary checks shall be distributed on the 15th of each month beginning in September and ending with June.


More Definitions of Monthly salary

Monthly salary means the gross amount paid to a participant making a claim under s. 40.65, at the time he or she becomes disabled within the meaning of s. 40.65 (4), by the employer in whose employ the injury occurred or the disease was contracted. Overtime pay may not be considered part of an employee’s monthly salary unless the employee received it on a regular and dependable basis.
Monthly salary means the monthly salary and special pay and shift differential, or the monthly equivalent for hourly employees. Monthly salary does not include overtime pay, callback pay, standby pay or performance bonuses.
Monthly salary means annual salary divided by twelve (12);
Monthly salary means the monthly salary of the position held by the judge.
Monthly salary is defined in section 4(a). ------------
Monthly salary means the amount of individual cash compensation for a full month of service in a range and step established in accordance with the provisions of the rules.
Monthly salary means - (i) with respect to an Employee paid on a salary basis, the Employee's current annual salary divided by 12; and (ii) with respect to an Employee paid on an hourly basis, the Employee's current hourly rate times the number of hours he or she is regularly scheduled to work per week multiplied by 52 and then divided by 12.