Wage or salary definition

Wage or salaryThe participant’s wage or salary for a given year, excluding bonuses, overtime pay, honoraria, accommodation and meal allowances, isolation pay or any lump-sum payments. However, additional income such as overtime pay and other bonuses are included when calculating the wage or salary when they are part of the participant’s regular remuneration. Any lump-sum payments provided for under the collective agreement between the F.P.P.S.C.Q. and the C.P.N.C. are also considered part of the wage or salary. Xxxxxx also includes any amount paid by a college to a teaching professional who is in charge of a sports team. For an employee who is eligible in accordance with article 2.1.7, the participant’s salary is that used or that would have been used for calculating Long-Term Disability Insurance benefits had he or she not been rehabilitated.
Wage or salaryThe participant's wage or salary, as defined in the group insurance contract, in force at the time of his or her retirement.
Wage or salary means earnings of an employee, but does not include any allowance or any payment of overtime or other like benefits;

Examples of Wage or salary in a sentence

  • Wage or salary income includes total money earnings received for work performed as an employee during the past 12 months.

  • Wage or salary information must be submitted for previous calendar years during which an eligible employee either did not participate in the Deferred Compensation Program or did not contribute the maximum regular contribution amount.

  • Wage or salary ranges for your position are maintained by Supervisors.

  • Wage or salary rate or range will be included in internal not external postings.

  • Wage or salary rates or schedules established by appropriate authority.

  • Wage or salary benefits awarded by the Workers Compensation Board shall be payable to the County for periods during which a claimant received Section 207-c Benefits or paid leave time or administrative leave.

  • JOB EVALUATION Wage or salary is the most important factor in maintaining and developing good employer employee relations.

  • Wage or salary compensation paid by employers to employees 5 Účetní zpráva za rok 2018, ČSSZ.

  • Wage or salary increases given during the term of the Plan will be subject to the applicable wage or salary reduction.

  • Wage or salary income includes total money earnings received for work performed as an employee during the calendar year 1999.


More Definitions of Wage or salary

Wage or salary means gross pay, or the amount of pay before deductions (FICA, income tax, etc.) are subtracted (for withholding: Consult IRS, Treasury, and where applicable, City Treasurer)
Wage or salary means the earnings of an employee that does not include a travelling or subsistence allowance or any payment in respect of overtime, or any bonus or other like benefit;

Related to Wage or salary

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Annual Salary means the salary given under this Part.

  • Annual Base Salary shall have the meaning set forth in Section 3(a).

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.