Nominal salary definition

Nominal salary of a member means the salary corresponding in any given year to a full-time appointment at the member's rank and step, as set out for that year in Schedule A.
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Nominal salary is the salary of a member that is used for pension purposes. It does not include stipends.
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Nominal salary means the salary that would be paid to the Faculty Member if the Faculty Member were on Full-Time workload.
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Examples of Nominal salary in a sentence

  • Nominal salary is defined as the salary a seasonal or part-time member would have received had the position been twelve-months full-time.

  • Nominal salary (CFA F/hour) 201.1 Source: IMF Staff Country Report n0 99/5, Senegal: Statistical Appendix 1/ Calculated on the content of families’ basket.

  • Paragraph 4For those participants who are partially disabled, the disability benefit will be proportionally reduced according to the insurance conditions of the insurance company.The degree of disability under the WIA will be determined according to the following formula if and insofar as no degree of disability is determined by the UWV: (Nominal salary [maatmansalaris] minus potential earnings according to UWV), divided by nominal salary [maatmansalaris].

  • Nominal salary shall be pro-rated to reflect the reduction in workload.


More Definitions of Nominal salary

Nominal salary means the salary a Member would have received on a twelve (12) month full- time appointment.
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Nominal salary means an employee’s Total Annual Remuneration Package (TRP), less the applicable superannuation guarantee contribution component.
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Nominal salary means the Normal Salary which the member would have received had not taken sabbatical or retraining leave or been granted reduced responsibility,
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Nominal salary means the Salary of the Member in effect prior to the Reduced Workload Period and any subsequent annual increments accorded by the regular salary program of the University,
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Nominal salary means the employee’s rate of salary as set out in Attachment A. Participation in salary sacrifice arrangements, purchased leave options or other relevant arrangements will not affect salary for any purposes unless specifically authorised or specified. "Out Posted Work (OPW)" applies to employees who work in a location that is at least
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Nominal salary means the salary a Member would have received on a twelve
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Nominal salary means the salary payable at the employee's substantive classification.
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