Salary grounds Clause Samples

The 'Salary grounds' clause defines the basis on which an employee's salary is determined and managed within an agreement. It typically outlines the amount, frequency, and method of salary payments, and may specify conditions for salary adjustments, deductions, or bonuses. For example, it might state that salary is paid monthly via direct deposit and is subject to annual review. This clause ensures transparency and mutual understanding regarding compensation, helping to prevent disputes over pay and clarifying the employer's obligations.
Salary grounds. An office employee shall be paid the table-specified salary determined on the basis of the demand level of the tasks and, in salary groups 001 and 002, a personal salary component based on competence and personal work performance, as well as any other fixed salary components belonging to the scope of application of this salary- related appendix.
Salary grounds. ‌ § Salary‌ The salary of jobs related to urban railway consists of a work-specific monthly sala- ry, personal percentage and separate additional payments. 1.5.2018 1.4.2019 Driving a tram in accordance with given instructions so that the required traffic reliability and safety is achieved and the issued service promise can be imple- mented.

Related to Salary grounds

  • Salary/Wages Grantee shall list personnel involved, position classification, direct salary rates, and hours spent on the Project in accordance with Attachment 3, Grant Work Plan in their documentation for reimbursement or match requirements.

  • Overtime-Eligible Employees Employees who are covered by the overtime provisions of state and federal law.

  • Salary Benefits and Bonus Compensation 3.1 BASE SALARY. Effective July 1, 2000, as payment for the services to be rendered by the Employee as provided in Section 1 and subject to the terms and conditions of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at the rate of $180,000 per annum, payable in equal bi-weekly installments. The Base Salary for each calendar year (or proration thereof) beginning January 1, 2001 shall be determined by the Board of Directors of Avocent Corporation upon a recommendation of the Compensation Committee of Avocent Corporation (the "Compensation Committee"), which shall authorize an increase in the Employee's Base Salary in an amount which, at a minimum, shall be equal to the cumulative cost-of-living increment on the Base Salary as reported in the "Consumer Price Index, Huntsville, Alabama, All Items," published by the U.S. Department of Labor (using July 1, 2000, as the base date for computation prorated for any partial year). The Employee's Base Salary shall be reviewed annually by the Board of Directors and the Compensation Committee of Avocent Corporation.

  • Salary and Wages Except in the case of a Permitted Termination or Furlough, the Recipient shall not, between the date of this Agreement and March 31, 2021, reduce, without the Employee’s consent, (A) the pay rate of any Employee earning a Salary, or (B) the pay rate of any Employee earning Wages.

  • Salary and Bonus Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.