Variable Pay definition

Variable Pay means that portion of the compensation which is variable in nature and linked to performance of the company and/ or the employee.

Variable Pay means amounts paid to a Participant in accordance with the Memorandum of Agreement entitled Variable Pay in the Collective Agreement between TELUS and the Union first ratified in 2005.

Variable Pay means any bonuses, commissions or similar payments which would be paid to an Employee in cash and which are not part of the Employee's Salary. An Incentive Award shall not be treated as Variable Pay for purposes of the Plan.

Examples of Variable Pay in a sentence

Rate base is prepared consistent with the rate making treatments approved in the Final Order, and as in GUD 10580 as specifically related to capitalized incentive compensation (Management Incentive Plan, Variable Pay Plan and Long Term Incentive Plan) for Atmos’ Shared Services Unit.
Incentive compensation (Management Incentive Plan, Variable Pay Plan and Long Term Incentive Plan) related to Atmos’ Shared Services Unit will be applied consistent with treatment approved in GUD 10580.
You will be eligible to participate in any one Variable Pay Program, which would vary according to your business/role.
The amount of Variable Pay specified above is only an indicative figure and actual payout will be based on Company’s Variable Pay scheme in existence from time to time.
You will be eligible to participate in the Symantec Corporation Variable Pay Plan, which pays annually, based upon our success and your individual performance, with your annual target bonus thereunder to be set at not less than sixty percent (60%) of your annual base salary and other eligible compensation (the “Target Bonus”), and any other incentive plans for which you may become eligible.

Variable Pay means Annual Bonuses and sales and service incentive compensation.

Variable Pay. Pay that is not part of an Employee’s annual base salary.

Variable Pay means that portion of a Member’s Compensation that is attributable to a variable pay program or incentive compensation program established and maintained by a Contributing Company.

Variable Pay means the compensation as fixed by the Board on recommendation of the Committee, which is based on the performance appraisal of an employee in that role, that is, how well they accomplish their goals. It may be paid as:

Variable Pay means that portion of a Participant’s Compensation which is determined and paid in accordance with the provisions of the Employer’s annual performance-based compensation program.