Compensation Rate definition

Compensation Rate. The rates listed include base hourly rate determined above plus employee benefits. Employee benefits include those costs actually incurred by the XXFD for the employment of these individuals, such as employer liability, workers compensation, employer share of social security, etc.

Compensation Rate means, for any day, (a) with respect to any amount denominated in Dollars, the greater of (i) the Federal Funds Rate and (ii) an overnight rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation and (b) with respect to any amount denominated in an Agreed Currency (other than Dollars), the Overnight Rate.

Compensation Rate means the cash compensation of an Employee Participant, including (i) annual Base Salary rate in effect on the date the Deferral Agreement is executed and (ii) the standard short-term award amount in effect on the date the Deferral Agreement is executed for an Employee Participant who is an officer in the executive compensation group or lump sum payments under incentive compensation programs received for performance rendered during the calendar year preceding the year in which the Deferral Agreement is executed for an Employee Participant other than an officer in the executive compensation group.

Examples of Compensation Rate in a sentence

• Overtime Compensation Rate Non-exempt employees working authorized overtime shall be paid at the rate of one and one-half (1½) times the employee's straight-time rate.

• Final Average Monthly Earnings will continue to include the highest average Basic Annual Compensation Rate over any period of 60 consecutive months during the employee’s last 120 months of service, and Employee Incentive Plan payments, per the terms of the BCERP.

• If Level 3 fails to establish a geographically-relevant IP as provided herein within a commercially reasonable time, then Level 3 shall xxxx and BA shall pay only the applicable Intercarrier Compensation Rate for the relevant NXX, as set forth in Section 5.7 below, less BA’s monthly recurring rate for unbundled dedicated interoffice transport from BA’s originating End Office to Level 3’s IP.

• Final Average Monthly Earnings continues to include the highest average Basic Annual Compensation Rate over any period of 60 consecutive months during the employee’s last 120 months of service, and Employee Incentive Plan payments, per the terms of the BCERP.

• Any conflicts between the Agreement provisions shall be governed by the following precedence: • Main Contract Terms and Contract Exceptions (These terms prevail over other terms contained in the General Terms and Conditions.) • Attachment A: General Terms and Conditions • Attachment B: Scope of Work • Attachment C: Compensation Rate Table • Policy Manual, as amended or updated, incorporated by reference • Operational Procedures Guide, as amended or updated, incorporated by reference.

More Definitions of Compensation Rate

Compensation Rate means the rate of one percent per month during the first 30 days in the aggregate in which any one or more Compensation Periods are in effect and two percent per month thereafter.

Compensation Rate means the cash compensation of a Participant, including (i) annual Base Salary rate in effect on the date the Deferral Agreement is executed, and (ii) standard lump-sum award amount(s) in effect under incentive compensation programs on the date the Deferral Agreement is executed. For Participants employed by Participating Companies whose compensation structures do not readily fit within this definition, Compensation Rate means cash compensation as defined by the CEO.

Compensation Rate means the rate at which Eskom shall pay the Project Developer for the Energy Savings based on performance results.

Compensation Rate means, at any date of determination, a rate per annum equal to 2.00% plus the rate applicable to Base Rate Loans at such date of determination.

Compensation Rate means 66 2/3% of the employee’s average weekly wage pursuant to Section 440.14, F.S., as calculated by the claims-handling entity, as ordered by a Judge of Compensation Claims, or to which the parties have stipulated.

Compensation Rate means a rate of remuneration, including cost-of-living adjustments, or, where no such rate exists, any fixed or ascertainable amount of remunera- tion established under a compensation plan;

Compensation Rate means, for any day, (a) with respect to any amount denominated in Dollars, the greater of (i) the Federal Funds Rate and (ii) an overnight rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation, (b) with respect to any amount denominated in Euro, the Daily Floating One Month Rate and (c) with respect to any amount denominated in Xxxxxxxx, XXXXX.