Prior Compensation definition

Prior Compensation means the manual or automated data entry routines used to populate the Service en masse to result in closely matching the Service’s Employee payroll history and Employee quarterly and year-to-date balances for the current tax year to the Customer’s prior system of record.
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Examples of Prior Compensation in a sentence

  • The Fall 2016 course erroneously carried over from his previous HHS- 520 was listed under the “Record of Prior Compensation from Same Source” as a course he had previously taught.

  • The Prior Compensation Consultant served solely at the pleasure of the Compensation Committee and their fees were approved by the Compensation Committee.

  • In the event that any delinquent payments are not made during the Cure Period, the Company hereby agrees to submit a request to its receivables factoring company to pay ClearPoint directly for all delinquent and prospective Compensation and Prior Compensation within two (2) business days of the expiration of the Cure Period.

  • Prior Compensation for Loss-of-Use: Figures Used by the NCT($ thousands) Source: Memoranda of Decisions and Order for Enewetak and Bikini attached to the Changed Circumstances Petition; and Administration evaluation of RMI Changed Circumstances Petition, Nov.

  • Impact of Prior Compensation in Setting Elements of Compensation Prior compensation of the NEOs does not normally impact how the Committee sets the current elements of compensation.

  • The Narrative Employment; Prior Compensation; Holdback The application shall state the date of the order approving applicant’s employment, amount and deposit date of any retainer, the date of each prior request for compensation and the amount requested, approved and paid.

  • The Village Administrator and Fiscal Officer, for and in the name of the Village, is hereby authorized to terminate the EZ Agreement and the Prior Compensation Agreement.

  • Record of Prior Compensation from Same Source: This section requires you to list all previous compensation and activities with the same outside entity for the past six calendar years plus the current year.

  • The actual value of Rights is included in the year of grant despite Rights being paid out over a three year period (see " Statement of Executive Compensation – Compensation Discussion and Analysis – Prior Compensation Arrangements - Market Based Bonus").

  • Lato Black Some Successes from Prior Compensation Work ● All of our classrooms are covered with VDOE certified teachers (about 96% which is higher than national average), annual substitutes, and long term substitutes ● Daily substitute fill rate has increased about 20% from pandemic lows ● Vacancy rate is much lower than last year for custodians (reduced vacancies by more than two-thirds) Title for this slide is 30 pt.

Related to Prior Compensation

  • Basic Compensation means Salary and Benefits.

  • Termination Compensation means a monthly cash amount equal to one-twelfth (1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.

  • Annual Compensation means an amount equal to the greater of:

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Final compensation of a member means:

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Eligible Compensation means (i) for eligible exempt employees, such employee’s base salary at the time the Bonus or Spot Bonus is determined (prorated for time in an eligible position), and (ii) for eligible non-exempt and non-union hourly employees, such employees’ eligible wages for the applicable year as determined by the Company to be required by law.

  • Earnable compensation means the full rate of the

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Includible Compensation means an Employee’s actual wages in box 1 of Form W-2 for a year for services to the Employer, but subject to a maximum of $245,000 (or such higher maximum as may apply under section 401(a)(17) of the Code) and increased (up to the dollar maximum) by any compensation reduction election under section 125, 132(f), 401(k), 403(b), or 457(b) of the Code (including any Elective Deferral under the Plan). Beginning in 2009 and thereafter, such term also includes any “differential pay” that may be received from the Employer while performing qualified military service under section 414(u) of the Code. The amount of Includible Compensation is determined without regard to any community property laws.

  • Creditable compensation means the full compensation payable annually to an employee working

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • Cancellation Compensation means an amount payable by a Participating Dealer in respect of a default, as set out in the Trust Deed and in the Operating Guidelines applicable at the time the relevant Creation Application or Redemption Application is made.

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).