Salary threshold definition

Salary threshold means the amount of Delaware sourced compensation paid to a common law employee, rounded to the nearest $100, calculated by multiplying $100,000 times the inflation adjustment factor.
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Salary threshold means a threshold of £40,000 per annum as at 1 April 2022 to be applied on a monthly basis as determined by the trustee company in respect of any member in relation to whom a monthly rate of salary can be determined. The annual rate of the threshold is to be used in respect of a VTE, unless the VTE has a concurrentregular eligible employment which has an annual rate of salary which is in excess of the annual amount of the salary threshold. The salary threshold shall be revalued each benefit year commencing on 1 April after 1 April 2022 until 31 March 202513, or (if earlier) the implementation date of any change concluded by a review by the JNC of the amount of the salary threshold, as if the salary threshold were an official pension within the meaning of Part 1 of the Increase Act which began on 1 April in the previous benefit year and within the scope of the direction which takes effect under that Part in the subsequent year, provided that the increase in any of those subsequent benefit years shall be restricted to that which would be applied if the percentage specified in the relevant direction had been limited to the increase specified in part (b) of the definition of increases cap (ignoring any effect of part (c)).14 After this increase is calculated, the salary threshold for each benefit year will be rounded up to the nearest pound amount that is exactly divisible by 12.
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Salary threshold means the amount $112,200 of Delaware sourced compensation paid to a common law employee , rounded to the nearest $100, calculated by multiplying $100,000 times the inflation adjustment factor . The level of the applicable threshold in this subsection is subject to annual adjustment as more fully set forth in § 515 of this title.
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Examples of Salary threshold in a sentence

  • Salary threshold analysis The minimum salary threshold for the ICT route is currently set at £41,500 or the going rate (based on 25th percentile of earnings for the occupation), whichever is higher.

  • For those employees who meet one of the duties tests under the FLSA that exempt them from overtime eligibility, but do the not meet the revised Salary threshold, the parties agree to adjust the salary of certain affected employees to the new salary threshold ($47,476) in order to maintain the exempt status.

  • See also, Salary threshold implementation schedule, publication F700-000 (10-2023).

  • Repeat yearly through 1/1/2028 using the appropriate salary threshold Salary threshold implementation scheduleSalary thresholds for overtime exempt workers are a multiplier of state minimum wage for a 40-hour workweek2021 Salary thresholdsƒ Small businesses: $821.40/week ($42,712.80/year)ƒ Large businesses: $958.30/week ($49,831.60/year)July 1,Jan.

  • The Budget Justification must clearly explain that the proposed COLA is in response to anticipated increases in the FLSA Minimum Salary threshold.

  • Salary threshold" means the amount of Delaware sourced compensation paid to a common law employee, rounded to the nearest $100, calculated by multiplying $100,000 times the inflation adjustment factor.

  • Salary threshold would increase each year in line with CPI (capped)N/A - No salary thresholdN/A - No salary thresholdN/A - No salary thresholdN/A - No salary thresholdN/A - No salary threshold6.

  • T., “Investigation of Helicopter Wire Strike Protection Concepts,” USAAVRADCOM-TM- 80-D-7, June 1980.

  • The Salary threshold to be set at either the Award rate or market reference rate of pay.

  • Plaintiff Website 1 has since been forced to lower its prices to the same or substantially similarprices offered at Defendants Website 1 for the corresponding services and products, Defendants are able to sell from the use of Plaintiffs [sic] proprietary and copyrighted material.” Id. at ¶ 3.12.

Related to Salary threshold

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Target Bonus Percentage means, with respect to any Executive, the target bonus percentage specified for such Executive in his or her Employment Agreement.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Annual Cash Compensation means the sum of (a) the highest annual Base Salary in effect for the Executive and (b) the greater of (i) the Executive’s bonus for the most recently-completed year (excluding any special bonuses awarded for performance after the conclusion of the performance period), if any, or (ii) the annualized amount of the Executive’s target bonus for the then current year.

  • Average final compensation means the average annual creditable compensation of a member during

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

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

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Ownership Threshold has the meaning specified in Section 2.1(a).

  • Threshold Percentage means 15%.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $4 Billion ($4,000,000,000.00).

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive’s Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive’s target annual incentive bonus for the year in which the Date of Termination occurs.

  • Target Bonus means Executive’s annual (or annualized, as applicable) target bonus in effect immediately prior to Executive’s Qualifying Termination or, if Executive’s Qualifying Termination occurs during the Change in Control Period and the amount is greater, Executive’s annual (or annualized, if applicable) target bonus in effect immediately prior to the Change in Control.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Compensation Limit means the compensation limit of Section 401(a)(17) of the Code, as adjusted under Section 401(a)(17)(B) of the Code for increases in the cost of living.

  • Final compensation of a member means:

  • Annual Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder in a Policy Year irrespective of whether any limits of any benefit items stated in the Benefit Schedule have been reached. The Annual Benefit Limit is counted afresh in a new Policy Year.

  • Maximum Basic Grant Amount’ has the same meaning as set out in item 1 of Schedule 1 of HESA; ‘National Law’ means (a) for a state or territory other than Western Australia – the Health Practitioner Regulation National Law as set out in the Schedule to the Health Practitioner Regulation National Law Act 2009 (Qld) as it applies (with or without modification) as a law of the State or Territory; and (b) for Western Australia – the legislation enacted by the Health Regulation National Law (WA) Xxx 0000 that corresponds to the Health Practitioner Regulation National Law;

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Maximum Benefit means the maximum benefit amount of each of the benefits covered under this Policy as stated in the Schedule of Benefits.