Total Remuneration Package Sample Clauses

Total Remuneration Package. (TRP) represents the guaranteed total value for a job expressed as a single cash amount. TRP is calculated on an annual basis. The employee’s TRP is the sum of the following components, unless otherwise agreed, but not limited to:
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Total Remuneration Package. In consideration of the duties provided and to be provided by the Employee, the Employee will be entitled to the Total Remuneration Package accruing and payable with respect to the period beginning on the Commencement Date, comprising:
Total Remuneration Package. Your Total Remuneration Package (TRP) includes a Benefit Component that may be taken as cash. Your TRP is initially $317,300 and will be paid fortnightly in arrears.
Total Remuneration Package. Total remuneration includes base salary, superannuation, motor vehicles including commuter use, allowances, staff bonus and weekend penalty rates. It does not include overtime. The rates of pay outlined in the Rates of Pay Table reflect base salary only. A total remuneration model ensures that comparisons within the local government market and general market are relevant. All staff receive an annual statement detailing their total remuneration package following the 30 June pay period.
Total Remuneration Package. In consideration for duties to be provided by the Employee, the Employee will be entitled to the Total Remuneration Package, comprising Base Salary and additional benefits as outlined in Schedule 1.
Total Remuneration Package. Your Total Remuneration Package is therefore $625,000. This Package is provided in accordance with the terms of the Management Remuneration Package Guidelines as issued and as varied by us from time to time. Your Salary and any other cash benefit of your Total Remuneration Package will be paid fortnightly in arrears.

Related to Total Remuneration Package

  • Monthly Salary The words “monthly salary” when used in this Agreement shall mean: (Bi-weekly pay at regular rate of pay times 26.1) divided by 12 = monthly salary

  • Annual Base Salary During the Term, the Executive shall receive a base salary at an initial rate of $550,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company, subject to review annually for possible increase, but not decrease, in the Board’s discretion (the “Annual Base Salary”).

  • Base Pay The Company agrees to pay Employee gross annual compensation of $400,000 (“Base Salary”), less usual and customary withholdings, which shall be payable in arrears in accordance with the Company’s customary payroll practices. The Base Salary will be subject to normal periodic review, and such review will consider Employee’s contributions to the Company and the Company’s overall performance.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Annual Incentive Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • Annual Bonus Compensation In addition to your Salary, during the Employment Term you shall be eligible to earn an annual bonus for each whole or partial calendar year during the Employment Term, determined and payable as follows (the “Bonus”):

  • Annual Cash Bonus During the Term, Executive may be eligible to receive an annual cash bonus, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Annual Incentive Compensation (a) The Executive shall be eligible to receive annual bonus compensation, if any, as may be determined by, and based on performance measures established by, the Board of Directors upon the recommendation of the Compensation Committee of the Board of Directors (the “Committee”) consistent with the Employer’s strategic planning process and in consultation with the Executive, pursuant to any incentive compensation program as may be adopted from time to time by the Board of Directors, based on recommendations by the Committee (an “Annual Bonus”).

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid

  • Vacation Earnings for Partial Years (a) (1) During the first partial year of service a new employee will earn vacation at the rate of one and one-quarter (1¼) days for each month for which he/she earns ten (10) days' pay.

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