Basic Wage means all remuneration or earnings paid by an employer to a worker for services rendered on normal working days and hours but does not include cost-of-living allowances, profit sharing payments, premium payments, 13th month pay or other monetary benefits which are not considered as part of or integrated into the regular salary of the workers on the date the Act became effective."
Basic Wage means, for the purpose of calculating any basic condition of employment, that part of an employee’s remuneration in money including the cash equivalent of payment in kind, if any, as calculated in terms of section 10, paid in respect of work done during the hours ordinarily worked but does not include -
Basic Wage means wage calculated at the basic rate of pay for one month;
Examples of Basic Wage in a sentence
The mode of distribution will also be the same as laid down in the aforesaid mentioned report i.e. Bonus shall be calculated in the case of each individual employee on the annual earning1.e. (Basic wage plus dearness allowance only).
More Definitions of Basic Wage
Basic Wage means all the remuneration or earnings paid by an employer to worker for services rendered on normal working days and hours, but does not include cost of living allowances, profit, sharing investments, premium payments, 13th month pay and other monetary benefits, which are not considered as part of or integrated into the regular salary;
Basic Wage. ' means that part of an employee's remuneration paid in respect of work done during the hours ordinarily worked but does not include-
Basic Wage means that part of an employee’s remuneration for services which is payable in money for his or her normal hours of work;
Basic Wage means the basic wage or living wage as determined under the law of the State for the area in which a housing project has been carried out or is in course of being carried out including all amounts by way of loadings not of the nature of purely industry loadings legally regarded as constituting part of the primary wage of a locality for an unskilled labourer determined under the State law; but, if no basic or living wage has been determined under the law of the State for the area concerned, then the basic wage for that area shall be the basic wage as determined by the Commonwealth Court of Conciliation and Arbitration for that area including the loading known as the “prosperity loading”; but if no basic wage has been determined by the said Court for that area, then the basic wage for that area shall be the basic wage determined by the Commonwealth Court of Conciliation and Arbitration and adjusted according to “C” Series index number for the “Five Towns” for the State including the loading known as the “prosperity loading” relevant to that wage;
Basic Wage means wages drawn in the prescribed scale of wages, including stagnation increment, if any, but does not include any other type of wages or pay, like special pay, personal pay, etc.
Basic Wage means compensation for employment that is no
Basic Wage means all remuneration or earnings paid by an employe r to a worker for services rendered on normal working days and hours but does not include cost -of-living allowances, profit-sharing payments, overtime and premium payments, 13th month pay or other monetary benefits which are not considered as part of nor integrated into the regular salary of the employees on the date the Order became effective;