Actual remuneration definition

Actual remuneration is the employee's regular annual remuneration, payable by the University to the employee in accordance with the provisions of the collective agreement.
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Actual remuneration means in the case of a person in Limited Membership, the actual salary and actual allowances received from time to time by the member or former member while working on a part-time basis;
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Actual remuneration means the total remuneration paid or agreed to be paid to an Applicant in respect of the first year of the Engagement which (so far as applicable) shall include the total gross amount of the following: basic salary, guaranteed profit share or bonus, housing and living allowances, relocation expenses, car allowance, one-off payments and the sum of £5,000 in respect of any car provided to the Applicant by the Client
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Examples of Actual remuneration in a sentence

  • Actual remuneration consists of the items indicated in the previous article as well as all other remuneration elements of a continuous nature, excluding expense reimbursements, compensation for overtime work, extraordinary or one-off bonuses, and any element expressly excluded by the parties from the calculation of individual contractual institutions or excluded from the taxable contribution base pursuant to the law.

  • Actual remuneration as evidenced by duly executed agreement between producer and named artists, cast and key persons paid to named artists, cast and key persons covered and named in the Schedule.

Related to Actual 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.

  • Annual Compensation means the wages paid to the member during covered employment within the meaning of Section 3401(a) of the Internal Revenue Code, but determined without regard to any rules that limit the remuneration included in wages based upon the nature or location of employment or services performed during the plan year plus amounts excluded under Section 414(h)(2) of the Internal Revenue Code and less reimbursements or other expense allowances, cash, or noncash fringe benefits or both, deferred compensation, and welfare benefits. Annual compensation for determining benefits during any determination period may not exceed the maximum compensation allowed as adjusted for cost of living in accordance with §5-10D-7 of this code and Section 401(a)(17) of the Internal Revenue Code.

  • Earnable compensation means the full rate of the

  • Final compensation of a member means: