Net remuneration definition

Net remuneration means the amount by which remuneration exceeds twice the annual maximum personal rate of State Pension (Contributory) payable from time to time to a person who has no adult dependent or qualified children.
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Net remuneration means the amount by which remuneration exceeds twice the annual maximum personal rate of State Pension (Contributory) payable from time to time.
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Net remuneration means the Gross Remuneration less the Fee; Overpayment means any payment You receive in respect of pay, salary, reimbursement, allowance, leave or benefit to which You are not entitled under the terms of the Recruitment Contract or by law, whether that payment is by accident, mistake or otherwise; Pay Period means the specified timeframe or interval specified in the Recruitment Contract as the period in respect of which You are to be paid; Payments means the total sum of monies that PayMe receives for a Pay Period in relation to the Engagement excluding any amount it receives on account of reimbursements to be paid to You in relation to the Engagement; Personal Information has the meaning given to that term in the Privacy Act; Privacy Act means the Privacy Act 1988 (Cth), as amended from time to time;
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Examples of Net remuneration in a sentence

  • Net remuneration is arrived at after deduction of Income Tax.(2) The nature and conditions of employment are non contractual.

  • Net remuneration comprises cash income less income tax, education cess deducted at source and employee’s own contribution to provident fund.

  • Net remuneration comprises cash income less income tax & education cess deducted at source and employee’s own contribution to provident fund.

  • Net remuneration is exclusive of contributions to provident fund, gratuity fund, superannuation fund and tax deducted.

  • Net remuneration is arrived at after deduction of Income Tax.2) The nature and conditions of employment are non contractual.

  • Net remuneration received means the net payment made to the employee.

  • Net remuneration comprises cash income less income tax, education cess deducted at source and employee's own contribution to provident fund.

  • Net remuneration means the difference between remuneration and twice the maximum personal rate of State Pension (Contributory).

  • Net remuneration represents gross remuneration as above less taxes, contribution to Provident and Superannuation Funds.

  • Net remuneration amount and/or deductions These are all net remuneration amounts and/or deductions.


More Definitions of Net remuneration

Net remuneration of a person for a year means the aggregate of all amounts each of which is the amount by which an amount the person receives in the year as remuneration referred to in subparagraphs 1 or 2 of the third paragraph of section 303 of the Act respecting health services and social services (chapter S-4.2) exceeds the part of that amount which, under a group agreement governing the payment of the remuneration, or if there is no such agreement, under a ministerial order under subparagraph 2 of the third paragraph of that section 303, is attributable to the total of
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Net remuneration is either the employee's actual remuneration, with deductions made for the amounts deferred during the period of deferral, or the amount of deferred remuneration paid to the employee during the deferred salary leave, as the case may be. “Period of leave” is the number of months during which the employee is on leave in accordance with the contract.
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Net remuneration means the amount by which remuneration exceeds twice the annual maximum personal rate of State Pension (Contributory) payable to a person who has no adult dependant or qualified children.
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Net remuneration means the amount by which remuneration exceeds twice the annual maximum personal rate of Old Age (Contributory) Pension;
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Net remuneration means the amount by pensionable remuneration exceeds twice the rate of State Pension (Contributory) payable from time to time to a person who has no adult dependant or qualified children;
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Net remuneration means the amount by which remuneration exceeds twice the annual maximum personal rate of Old Age Contributory Pension payable from time to time to a person who has no adult dependant or qualified children.
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Related to Net remuneration

  • Remuneration means any money or its equivalent given or passed to any person for services rendered by him and includes perquisites as defined under the Income-tax Act, 1961;

  • Remuneration Report means the remuneration report which forms part of the Directors’ Report of the Company for the financial year ended 30 June 2020 and which is set out in the 2020 Annual Report.

  • Remuneration Committee means the remuneration committee of the Company;

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Annual Compensation means an amount equal to the greater of:

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Annual Salary means the salary given under this Part.

  • 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.

  • 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.

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • Employment Year means each twelve-month period, or part thereof, during which Employee is employed hereunder, commencing on the Commencement Date and on the same day of the subsequent calendar year and each consecutive 12 month period thereafter.

  • Annual Fees means the annual fees determined by the Council in terms of section 27;

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

  • Base Pay means the Executive’s annual base salary from the Company at the rate in effect immediately prior to a Change in Control or at the time Notice of Termination is given, whichever is greater. Base Pay includes only regular cash salary (plus the amount of any automobile allowance paid to the Executive or any automobile lease payments made by the Company on behalf of the Executive) and is determined before any reduction for deferrals pursuant to any nonqualified deferred compensation plan or arrangement, qualified cash or deferred arrangement or cafeteria plan.

  • Final compensation of a member means:

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

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

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Earnable compensation means the full rate of the

  • Service Year means fiscal year, except that:

  • Annual Fee has the meaning stated in Section 4.02(a).

  • Current Annual Compensation means the greater of:

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Basic Compensation means Salary and Benefits.

  • Annual Retainer for a particular Director means the retainer (including any additional amounts payable for serving as lead Director or on any committee of the Board), payable to that Director for serving as a Director for the relevant Remuneration Period, as determined by the Board;

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