Monthly Salary. Monthly salary means - fixed monthly salary in cash plus any fixed monthly salary supplements (e.g., fixed shift supplements or overtime supplements) - the estimated average monthly income from commissions, profit sharing, bonuses, incentive pay or similar variable salary elements. As to salaried employees who receive a substantial part of their pay through such elements, a special agreement should be made concerning the amount of pay that will constitute the monthly salary from which the deduction shall be made. - Monthly salary means also benefits in the form of meals or housing valued according to the directions of the Tax Agency.
Appears in 7 contracts
Samples: Salaried Employees, Salaried Employees, Collective Agreement
Monthly Salary. Monthly salary means - fixed monthly salary in cash plus any fixed monthly salary supplements (e.g., e.g. fixed shift supplements or overtime supplements) - the estimated average monthly income from commissions, profit sharing, bonuses, incentive pay or similar variable salary elements. As to salaried employees who receive a substantial part of their pay through such elements, a special agreement should be made concerning the amount of pay that will constitute the monthly salary from which the deduction shall be made. - Monthly salary means also benefits in the form of meals or housing valued according to the directions of the Tax Agency.
Appears in 1 contract
Samples: Salaried Employees
