Basic or Regular Salary or Pay definition

Basic or Regular Salary or Pay means the rates of pay shown in Appendix “A” (Salaries) and Appendix “B” (Academic Allowances).
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Basic or Regular Salary or Pay means the rates of pay shown in Schedule “A”. 2107 The Employer shall endeavor to have detailed cheque stubs made available one (1) day preceding payday, or earlier if possible.
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Basic or Regular Salary or Pay means the rates of pay shown in Appendix “A” (Salaries) and Appendix (Academic Allowances).
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More Definitions of Basic or Regular Salary or Pay

Basic or Regular Salary or Pay means the rates of pay shown in Appendix “A” (Salaries) and Appendix (Academic Allowances). Applicable to Nurses: The starting salary of Registered Nurse or Registered Psychiatric Nurse newly employed as a Nurse II shall previous experience applicable to the position applied for on the basis of equivalent full-time experience as specified hereinafter: -- of Experience Rate Less than 1 year 1 year within past 4 years 2 years within past 5 years Start Rate 1 Year Rate 2 Year Rate 3 years within past 6 years 3 Year Rate 4 years within past 6 years 4 Year Rate 5 years within past 7 years 5 Year Rate A nurse at a classification above Xxxxx XX shall be granted a starting salary that is not less than one increment step above what her/his starting salary would be if she/he were employed as a Nurse II. Starting salary of a nurse who has completed the Registered Nurse program, having had previous experience as a Licensed Practical Nurse or Registered Psychiatric Nurse, shall commence at the Nurse II start rate as specified in Appendix “A”, and after not more than three months in said position, the Employer shall, on the basis of written performance appraisal discussed with her, grant such additional increments as performance warrants, subject to Applicable to Licensed Practical Nurses: The starting salary of a newly employed Licensed Practical Nurse shall previous experience applicable to the position held on the basis of equivalent, full-time experience as specified hereinafter: of Experience Less than 1 year 1 year within past 4 years 2 years within past 5 years 3 years within past 6 years 4 years within past 6 years 5 years within past 7 years 6 years within past 7 years Rate Start Rate 1 Year Rate 2 Year Rate 3 Year Rate 4 Year Rate 5 Year Rate 6 Year Rate Starting salaries, as specified above, are to be regarded as minimum and shall not prevent the Employer from granting a higher starting salary to any nurse, when, in the of the Employer, additional experience or other so warrant it.
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Basic or Regular Salary or Pay means the rates of pay shown in Schedule “A”.
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Related to Basic or Regular Salary or Pay

  • Annual Cash Compensation means the sum of (a) the highest annual Base Salary in effect for the Executive and (b) the greater of (i) the Executive’s bonus for the most recently-completed year (excluding any special bonuses awarded for performance after the conclusion of the performance period), if any, or (ii) the annualized amount of the Executive’s target bonus for the then current year.

  • Annual Compensation means an amount equal to the greater of:

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Basic Compensation means Salary and Benefits.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Salary as defined in Section 3.1(a).

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

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

  • Compensation Limit means the compensation limit of Section 401(a)(17) of the Code, as adjusted under Section 401(a)(17)(B) of the Code for increases in the cost of living.

  • Current Annual Compensation means the greater of:

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

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

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Final average salary means whichever of the following is greater:

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • 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.

  • Salary offset means the with- holding of amounts from the current pay account of a Federal employee to satisfy a debt owed by that employee to the United States.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • Leave Salary means the monthly amount paid by the University to an employee who is on leave.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.