Average annual wage definition

Average annual wage means the state's average annual wage which is computed on or before September 30 of the year immediately preceding the rate year and is the total remuneration paid by employers as reported on contribution reports on or before that date with respect to all employment during the four consecutive calendar quarters ending on June 30 of that year divided by the average monthly number of individuals performing services in employment during the same four calendar quarters as reported on the contribution reports.
Average annual wage means the gross average annual salary of full-time positions at the Facility determined by dividing total payroll (of a type included in W-2 compensation) provided to full-time positions at the Facility by the number of full-time positions at the Facility. There will be separate Average Annual Wage calculations for High-Paying New Jobs and for Standard New Jobs.
Average annual wage means the average annual wage as

Examples of Average annual wage in a sentence

  • Average annual wage of program participants one year after program competition, based on the wages of at least 60% of program participants.

  • Sincerely, ▇▇▇▇▇▇▇▇ Westlake LLC 1139 - Deer Park ISD - Equistar Chemicals, LP - Amendment #4 March 21, 2022 Column A Column B Column C Column D Column E Year School Year (YYYY-YYYY) Tax Year (Actual tax year) YYYY FTE Number of Construction FTE's or man- hours (specify) Average annual wage rates for construction workers Number of non-qualifying jobs applicant estimates it will create (cumulative) Number of new qualifying jobs applicant commits to create meeting all criteria of Sec.

  • Number of new qualifying jobs applicant commits to create meeting all criteria of School Year (Actual tax year) FTE's or man-hours Average annual wage rates jobs applicant estimates it Sec.


More Definitions of Average annual wage

Average annual wage means the average annual wage in the state of Washington as determined under RCW 50.04.355.
Average annual wage means the average salary (inclusive of bonuses and other performance-based compensation) for all New Jobs, as determined by dividing total payroll (W- 2 compensation) for New Jobs by the total of New Jobs.
Average annual wage means the average annual wage as established under RCW 50.04.355.
Average annual wage for any calendar year means the quotient of (A) the aggregate payments (defined as “wages” under Virginia Code §60.2-229 exclusive of benefits) made by the Company or an Affiliate to persons holding New Jobs for such calendar year, divided by (B) the number of New Jobs in place as of the end of such calendar year. If any of the persons holding New Jobs are paid “wages” in any calendar year in excess of $850,000, as escalated 1.5% per year, as shown on Exhibit D, the amount of wages in excess of $850,000, or the higher escalated amount, shall not be included in clause (A).
Average annual wage means the average total taxable income paid by the Company during the Grant Year to all employees who are included in either the Baseline Jobs or the New Jobs. The Average Annual Wage is determined by dividing the total payroll for all Baseline Jobs and New Jobs (as reflected in Box 5 of I.R.S. Form W 2) by the total number of Baseline Jobs and New Jobs.
Average annual wage. The Average Annual Wage paid for the aggregate number of New Jobs, as of the end of calendar year 20 , is $ . • In making its calculation of Average Annual Wage, the Company counted only the first $850,000 in wages paid for each New Job, escalated as shown in Exhibit D. If the Average Annual Wage paid for the aggregate number of New Jobs, as of the end of calendar year 20 , is less than the Average Annual Wage Target, the number of New Jobs that would remain if this Application includes only Qualifying New Jobs; is . Capital Investment: • The Capital Investment made or caused to be made in calendar year 20 (or from November 1, 2018 through December 31, 20 , as to the first Application) is $ . The Capital Investment can be broken down into these categories: Land $ Land Improvements $ New Construction or Expansion $ Renovation or Building Up-fit / Tenant Improvements $ Machinery and Tools $ Furniture, Fixtures and Equipment $ Other $ Percentage of New Jobs at the Facility Primarily Engaged in Supporting Federal Government Contracts: • In calendar year 20 , the percentage of New Jobs at the Facility that were primarily engaged in supporting Federal Government Contracts [did / did not] exceed 10%. If the percentage of New Jobs so engaged was more than 10%, the actual percentage of New Jobs so engaged was %. Discuss the current level of Average Annual Wage, New Jobs, and Capital Investment, and changes or likely changes in the nature of the Facility that may impact the Company’s performance. If the Company is not on track to earn the full amount of the Workforce Grant, please provide an explanation.
Average annual wage means the average salary (inclusive of bonuses and other performance-based compensation) for all New Jobs, as determined by dividing total payroll (W-2 compensation) for New Jobs by the total of New Jobs.