Weeks Salary definition

Weeks Salary means in this sub paragraph the Total Remuneration Package for the Practitioner for the week.
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Weeks Salary means the ordinary fractional or Full time rate, of pay for the Specialist for the week.
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Weeks Salary means an employee's weekly salary plus where applicable, shift allowance and weekend penalty payments, averaged over the last complete shift roster cycle, but excluding any payments for overtime, higher duties, relief duties, travel, etc.
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Examples of Weeks Salary in a sentence

  • Years of Cumulative Compensated Service Number of Weeks Salary Credited for Each Year of Service Remaining to Normal Retirement 35 or more 4.5 34 4.4 33 4.3 32 4.2 31 4.1 30 4.0 29 3.9 28 3.8 27 3.7 Note : A partial year of service remaining to normal retirement is to be expressed on a monthly basis, e.g. 4 years and 1 month (or major portion thereof) equals 4 1/12 (4.083) years.

  • Years of Cumulative Compensated Service Number of Weeks Salary Credited for Each Year of Service Remaining to Normal Retirement 35 or more 4.5 34 4.4 33 4.3 32 4.2 31 4.1 30 4.0 29 3.9 28 3.8 27 3.7 Note: A partial year of service remaining to normal retirement is to be expressed on a monthly basis, e.g. 4 years and 1 month (or major portion thereof) equals 4 1/12 (4.083) years.

  • Equivalent Week's Salary" means the amount of annual Salary divided by fifty-two (52).

  • Severance Pay" means the Participant's Equivalent Week's Salary multiplied by the sum of twenty-eight (28) plus the Participant's Service, provided, however, that if the sum is greater than fifty-two (52), the sum shall be deemed to be fifty-two (52), and provided further, however, that if the Participant is a Performance Participant, the sum shall be further divided by two (2).

  • Staffing CostsPERSONNEL SALARIESPosition Title Hours Per Week Hourly Rate Total Weeks Salary x= $ 0.00 = $ 0.00 = $ 0.00 = $ 0.00Total = $ 0.00 EMPLOYER’S SHARE OF PERSONNEL BENEFITS FICA Amount X = $ Retirement Amount X = $ 0.000.00 Worker’s Comp.

  • Years of Cumulative Compensated Service Number of Weeks Salary Credited for Each Year of Service Remaining to Normal 35 or more 4.5 34 4.4 33 4.3 32 4.2 31 4.1 30 4.0 29 3.9 28 3.8 27 3.7 26 3.6 25 or less 3.5 Note: A partial year of service remaining to normal retirement is to be expressed on a monthly basis, e.g. 4 years and 1 month (or major portion thereof) equals 4 1/12 (4.083) years.

  • El Dorado Stockton, CA 95207 Phone (209) 957-3030 Fax (209) 474-8705 www.mtistockton.com School Performance Fact Sheet 2015 & 2016 Calendar YearsOffice Administration (1255 Hours/31 Weeks) Salary and Wage InformationAnnual Salary and Wages reported for graduates employed in the fieldStudents are entitled to a list of the objective source of information used to substantiate the salary disclosure.

  • Former Debenhams employees and their supporters have been picketing and sometimes occupying various Debenhams locations for several months in an attempt to secure an ex gratia redundancy payment set out in a pre-existing agreement with the company.Normally, an employee is entitled to a statutory redundancy payment (2 Weeks Salary x Number of Years' Service + 1 Week's Salary, with weekly salary capped at €600).

  • Two Weeks Salary in lieu of Notice-32,861.60from which total tax and midmonth pay were deducted.

  • Eligible Number Comp to Use Number Annual MSBP Lump-Sum Weekly of Weeks for Highest Begin Date End Date of Weeks Salary Bonus(1) Awards Average to Use in Avg.


More Definitions of Weeks Salary

Weeks Salary means an employee's weekly salary plus where applicable, shift allowance and weekend penalty payments, averaged over the last complete shift roster cycle, but excluding any payments for overtime, stand-by, call back, etc. For an employee who is in receipt of a remuneration package, “week’s salary” shall include the salary payment, leave loading, motor vehicle (package value), SGC, other superannuation and any other remuneration or salary sacrifice components included in the total remuneration package.
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Weeks Salary means the employee’s Base Salary divided by 52. Exhibit 8.01(i)(1) EMPLOYMENT AGREEMENT This Employment Agreement, effective as of _________________, 20___ (the “Effective Date”), among MainSource Bank-Crawfordsville, an Indiana commercial bank (“Bank”), Xxxx X. Xxxxxxx (“Employee”) and MainSource Financial Group, Inc., an Indiana corporation (“Parent”).
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Related to Weeks Salary

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

  • Annual Salary means the salary given under this Part.

  • Normal salary means the salary that would be paid to a participating employee if that person was not participating in a Plan and includes salary expressed as an annual rate, fortnightly rate, weekly rate, daily rate or hourly rate. It includes all allowances that are paid as an annual rate, fortnightly rate, weekly rate, daily rate or hourly rate but not overtime payments and shift work penalty rates unless they are paid as a component of an annualised rate.

  • Accrued Base Salary means the amount of Executive's Base Salary which is accrued but not yet paid as of the Date of Termination.

  • Salary as defined in Section 3.1(a).

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Leave Salary means the monthly amount paid by the University to an employee who is on leave.

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

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • 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.

  • Final Salary means the average annual salary for service for which

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Termination Base Salary means that amount equal to Executive’s annual base salary with the Company at the rate in effect immediately prior to the Change of Control or, if a greater amount, Executive’s annual base salary at the rate in effect at any time thereafter.

  • 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.

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Severance Period means the period of time commencing on the date of an occurrence of a Change of Control and continuing until the earlier of (i) the date which is one and one-half years following the occurrence of the Change of Control, and (ii) the Executive's death.

  • Earnable compensation means the full rate of the

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Year of Employment means a period of service of 12 months.

  • Annualized means (i) with respect to the end of the first Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter multiplied by four, (ii) with respect to the second Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding Fiscal Quarter multiplied by two, and (iii) with respect to the third Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding two Fiscal Quarters multiplied by one and one-third.

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Current Annual Compensation means the greater of: