Salaried Employee definition

Salaried Employee means an employee who is not covered by the Fair Labor Standards Act who regularly receives each pay period a predetermined amount constituting all or part of compensation. This base salary cannot be reduced because of variations in the quality or quantity of work performed.

Salaried Employee means any salaried employee of the Company or of any Affiliate.

Salaried Employee means an employee who is not covered by the Fair Labor Standards Act who regularly receives each pay period a predetermined amount of compensation. In general, this base salary will not be reduced because of variations in the quality or quantity of work performed. However, unpaid suspensions can be issued pursuant to Personnel Rule 1.3.2(B)

Examples of Salaried Employee in a sentence

• Rowe Price Trust Company, as Trustee for the Johnson Matthey Salaried Employee Savings Plan, had been inadvertently removed from Schedule A.

• Rowe Price Trust Company, as Trustee for the Johnson Matthey Salaried Employee Savings Plan I.

• No Salaried Employee, Participant or other Person shall have any claim to be granted any Award under the Plan, and there is no obligation for uniformity of treatment of Salaried Employees, Participants, or holders or beneficiaries of Awards under the Plan.

• During the Extended Employment Period, any annual incentive compensation payable to Executive shall be paid in accordance with the Company's usual practices with respect to payment of incentive compensation of senior executives, including, without limitation, the Company's Senior Management Target Incentive Plan and Salaried Employee Incentive Plan (except to the extent deferred).

• Any Salaried Employee, including any officer or employee-director of the Company or of any Affiliate, and any Non-Employee Director, who is not a member of the Committee shall be eligible to be designated a Participant.

More Definitions of Salaried Employee

Salaried Employee means an employee of the Company or any of its subsidiaries, other than a student, who is paid a salary and not a wage based on an hourly or other periodic basis.

Salaried Employee means an employee who is exempt from the overtime provisions of the FLSA and the Washington Minimum Wage Act.

Salaried Employee means an employee working in an exempt job, one that is not eligible for overtime per the provisions of the Fair Labor Standards Act (FLSA) and the Washington Minimum Wage Act (WMWA).

Salaried Employee means an employee whose principal remuneration component is a salary;

Salaried Employee means an Employee paid a salary by the Employer who is employed as a salaried clerk, sales representative or supervisor or manager classified in accordance clause 3.

Salaried Employee means a full-time employee who is paid an annualised rate at least equivalent to the appropriate hourly base rate x 125% x 38 (hours) x 52 (weeks) in lieu of overtime, weekend, public holiday and late work penalty rates and allowances.

Salaried Employee means an Employee who at the particular time is paid on a salary basis.