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 Annual Bonuses and sales and service incentive compensation.
Examples of Variable Pay in a sentence
The Variable Pay program may be changed or modified in part or full thereof from time to time, at the sole discretion of the Company.
It is mandatory for you to complete the quarter for which the Variable Pay applies i.e. you should be on the rolls of the Company on the last working day of the quarter to be eligible for payout under the program.
The Variable Pay program may be changed / altered or modified in part or full thereof from time to time, at the sole discretion of the management.
Variable Pay - The details of this component are listed in Annexure VI.
Variable Pay - The details of this component are listed in Annexure V.
More Definitions of Variable Pay
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.
Variable Pay. Pay that is not part of an Employee’s annual base salary.
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, including, but not limited to, any payments made to Executives under the Employer’s annual incentive compensation plan or sales and services incentive plans after March 31, 2008.
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, with respect to a Restatement, any compensation that is granted, earned, or vested based wholly or in part upon the attainment of one or more Financial Reporting Measures and received by a person (a) after beginning service as an Officer, (b) who served as an Officer at any time during the performance period for that compensation, (c) while the issuer has a class of its securities listed on a U.S. securities exchange or association, and (d) during the applicable Three-Year Period.
Variable Pay means a Participant's commissions and bonuses and any other incentive compensation, excluding Stock Awards.
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: