Salary basis definition
Salary basis means a predetermined amount paid for each pay period on a weekly or less frequent basis, regardless of the number of days or hours worked, which amount is not subject to reduction because of variations in the quality or quantity of the work performed, and which amount has been the subject of an employer advisement as required by section 31-71f of the Connecticut General Statutes.
Salary basis means compensation in a predetermined amount that is not reduced, regardless of the quality or quantity of work actually performed, except as required by the City’s principles of public accountability for partial-day absences, or as otherwise set forth by FLSA.
Salary basis means a salary as defined in section (29) of this rule, which is not subject to deduction because of lack of work for part of a work week, however, deductions for absences of one day or more may be made if the employee is absent for other reasons. Deductions may not be made for absences of less than one day, except as permitted for employers covered by the federal Family and Medical Leave Act of 1993, Public Law 103-3, for part- day absences due to leave pursuant to that law. Employees who are not paid for workweeks in which they performed no work are considered to be on a salary basis provided they are paid on a salary basis in workweeks when work is performed.¶
Examples of Salary basis in a sentence
The supplemental rate will be calculated as follows: Salary basis for hourly calculation Years of Service to Marimor rate 184/7.5 0-4 BA - 0 5-10 150 - 1 11-20 MASTERS - 2 Over 20 MA + 30 – 3 Supplemental contracts may be renewed by the Superintendent on a yearly basis without posting.
In addition, the Executive shall be eligible to earn an annual bonus based upon formulae at least as favorable, on a percentage of Base Salary basis, as are available to other executive officers under the Company's individual bonus plan, as such plan is now in effect or is hereinafter adopted or amended, PROVIDED that the applicable criteria for earning such bonus under the plan are satisfied.
More Definitions of Salary basis
Salary basis test means that an employee receives a pre- determined salary regardless of the number of hours worked per week. The salary cannot be reduced because of quality or quantity of work performed. According to DOL regulations, if a salaried employee is subject to an hourly reduction in pay because of an attendance or discipline problem (except for discipline for severe safety violations), the employee would no longer be considered exempt.
Salary basis means compensation in a predetermined amount that is not reduced, regardless of the quality or quantity of work actually performed, except as required by the City’s principles of public accountability for partial-day absences, or as otherwise set forth by applicable state or federal wage and hour laws.
Salary basis means an employee regularly receives a predetermined amount of compensation each pay period on a weekly, or less frequent, basis.
Salary basis means a predetermined amount paid for each pay period on a weekly or
Salary basis means a salary as defined in section
Salary basis means a salary as defined in section (28) of this rule, which is not
Salary basis means that a portion of employee’s compensation must be a fixed weekly amount that is not subject to reduction based on quantity or quality of employee’s work.