Monthly salary definition

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.
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.

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.

  • The hourly performance pay for an outplaced salaried employee with no more than 18 months’ employment is: Monthly salary x 1.08 133 The hourly performance pay for a outplaced salaried employee with more than 18 months’ employment is: Monthly salary x 1.16 150 Compensation shall be paid for the aggregate number of hours worked during the month, rounded to the nearest lower whole number.


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 the monthly rate of pay so identified and set forth in Appendix “A” to this Agreement.