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.
Salary basis – “EE will be considered to be paid on a salary basis if under his MENT agreement he regularly receives each pay period on a weekly, or less frequent basis, a predetermined amount, constituting all or part of his comp, which amount is not subject to reduction b/c of variations in quality/quantity of work performed.” II.
Paragraph (b) of § 541.118 is re vised.§ 541.118 Salary basis.* * * * *(b) Minimum guarantee plus extras.
Salary basis means that the employee regularly receives each pay period on a weekly or less frequent basis, a predetermined amount constituting all or part of his compensation, and the amount is not subject to reduction because of variations in the number of hours worke d in the workweek or the quality or quantity of the work performed.
Salary basis is defined as the payment on a weekly or less frequent basis of a predetermined amount that constitutes all or part of compensation, without reductions for variations in the quality or quantity of the work performed.