Annual Pay Sample Clauses
The 'Annual Pay' clause defines the total amount of compensation an employee will receive over the course of a year. It typically specifies whether the pay is distributed in equal installments, such as monthly or biweekly, and may clarify if the amount includes bonuses, commissions, or other forms of remuneration. This clause ensures both parties have a clear understanding of the employee's yearly earnings, reducing the risk of disputes over salary expectations and payment schedules.
Annual Pay. The base annual pay for employee will be $120,000, and will be reviewed on an annual basis on July 1 of each calendar year.
Annual Pay. Equity Review and Diversity To guard against unlawful discriminatory treatment based on gender, race, ethnicity, or other protected status, Kickstarter shall conduct an annual pay equity review in the first quarter of each year of all employee base salaries post- adjustment based on available demographic information to understand and study any pay disparities across different demographic dimensions. No salaries shall be reduced as a result of this annual pay equity review, and any necessary salary adjustments shall be made retroactive to January 1.
Annual Pay. The EMPLOYER will continue the open salary ranges for Corporation Graded (CG) and Prevailing Rate (Wage) pay plans. Effective the first Pay Period of each year, the EMPLOYER will adjust the open range salary structures of CG and Wage pay plans as follows.
Annual Pay