Ordinary time earnings definition
Examples of Ordinary time earnings in a sentence
Ordinary time earnings shall not include overtime, disability allowances, commission, bonuses, lump sum payments made as a consequence of the termination of employment, annual leave loading, penalty rates for public holiday work, fares and travelling time allowances or any other extraneous payments of a like nature.
Ordinary time earnings will mean the weekly amount prescribed in Clause 6.2 into a complying superannuation fund nominated by the employee.
Ordinary time earnings shall not include bonuses, commission where the Employee is being paid a weekly wage, payment for overtime or other extraordinary payment, remuneration or allowance.
Ordinary time earnings shall include the classification rate; any over-award payment; casual loadings; penalty rates; shift loadings and work related allowances that form part of the weekly rate of pay (for example, supervisory allowances).
Ordinary time earnings excludes any payment for overtime earnings, shift premiums, attendance bonus, incentive earnings under any system of payment by results, fares and traveling time allowances, penalty rates and any other ancillary payments.