Alternative pay definition

Alternative pay means a salary amount that is part of the
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Alternative pay means a salary amount that is part of the licensed or classified employee’s total compensation for additional responsibilities, mastery of new knowledge and skills, advanced career opportunities, increased student achievement, attracting highly qualified teachers or professional development exceeding state minimums.
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Alternative pay means a salary amount that is part of the licensed or classified
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Examples of Alternative pay in a sentence

  • Any SEPTA owned parts used for warranty purposes shall be promptly replaced with new parts or, subject to SEPTA’s written approval, with reconditioned or repaired parts.

  • Alternative pay methods agencies may also use are based on pay-banded systems or point systems such as the Hay System.

  • Alternative pay- ment models are the “investor-pays”, “trading venues-pay”, and the “public utility” model.

  • Alternative pay- ment schedules must be in writing, signed by both the employee and the CFO and will be documented in the Agency’s files.§ 1506.24 Are there any limitations on the amount of salary deduction?Installment deduction will be made over the period of active duty or em- ployment.

  • Alternative pay systems or areas of work may be agreed upon, in writing.

  • Alternative pay schemes and labour efficiency: Economics of fringe benefits, Theory of optimal fringe benefits, Efficiency wage payments, deferred payments schemes, Labour Efficiency: Education in the labour market, Schooling model.

  • Alternative pay ranges will be reviewed annually and published on the HR intranet.

  • Alternative pay and display bays which could be used instead - “There are many unused pay and display bays in nearby areas that could be used instead, such as the top part of Victoria Road / Prince of Wales Terrace and Gloucester Road just south of Kynance Mews and Kynance Place”.

  • Alternative pay bands are used because they are an effective tool to meet market pressures surrounding specific jobs without having to adjust the entire salary schedule.

  • Alternative pay structures, and the power to reform those structures, should also be considered.

Related to Alternative pay

  • Alternative Compliance Payment or "ACP" means a payment of a certain dollar amount per megawatt hour, which a Retail Electricity Supplier may submit in lieu of supplying the minimum percentage of RECs required under Section 3.3.5 of this Regulation.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Solar alternative compliance payment or "SACP" means a

  • Salary reduction plan means a benefit plan whereby state and

  • Salary Reduction means the amount by which the Participant's Compensation is reduced and applied by the Employer under this Plan to pay for one or more of the Benefits, as permitted for the applicable Component, before any applicable state and/or federal taxes have been deducted from the Participant's Compensation (i.e., on a pre-tax basis).

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Base Pay means the Executive’s annual base salary from the Company at the rate in effect immediately prior to a Change in Control or at the time Notice of Termination is given, whichever is greater. Base Pay includes only regular cash salary (plus the amount of any automobile allowance paid to the Executive or any automobile lease payments made by the Company on behalf of the Executive) and is determined before any reduction for deferrals pursuant to any nonqualified deferred compensation plan or arrangement, qualified cash or deferred arrangement or cafeteria plan.

  • Deferral Amount means the sum of all of a Participant's Annual Deferral Amounts.

  • Retirement Eligible means that the Participant has either attained age 55 and completed ten (10) years of Service as an Employee or attained age 60 and completed five (5) years of Service as an Employee.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Covered Amount means, for any Distribution Date with respect to the Controlled Accumulation Period or the first Special Payment Date, if such Special Payment Date occurs prior to the date the Class A Invested Amount is paid in full, an amount equal to the sum of (x) with respect to the Class A Certificates, the product of (i) the Class A Certificate Rate, (ii) a fraction, the numerator of which is the actual number of days from and including the prior Distribution Date to but excluding the then current Distribution Date and the denominator of which is 360 and, (iii) the Principal Funding Account Balance, if any, as of the preceding Distribution Date that is allocable to the principal of the Class A Certificates and (y) with respect to the Class B Certificates, the product of (i) the Class B Certificate Rate, (ii) a fraction, the numerator of which is the actual number of days from and including the prior Distribution Date to but excluding the then current Distribution Date and the denominator of which is 360 and (iii) the Principal Funding Account Balance, if any, as of the preceding Distribution Date that is allocable to the principal of the Class B Certificates.

  • Eligible Expense means the lesser of the reasonable, customary, usual, fair market value charge for a covered service or the provider's actual charge.