Current Annual Salary definition

Current Annual Salary for exempt personnel shall mean current gross annual salary, excluding incentive payments, profit sharing payments and commissions. "Current Annual Salary" for non-exempt personnel shall mean an amount determined by multiplying the current hourly rate times 1950 hours, and excludes incentive payments, profit sharing payments and commissions.
Sample 1Sample 2Sample 3
Current Annual Salary means the amount of Base Salary actually paid to Executive during the 52-week year immediately prior to his Termination of Employment.
Sample 1Sample 2Sample 3
Current Annual Salary for non-exempt personnel shall mean an amount determined by multiplying the current hourly rate times 1950 hours, and excludes incentive payments, profit sharing payments and commissions.
Sample 1Sample 2Sample 3

Examples of Current Annual Salary in a sentence

  • Current Annual Salary Subject to KPERS Contributions: $ If retiring in current year, include only compensation through estimated last day on payroll.

  • Fowler (1991) believes that news media selects events according to news values, which originates from general values about the society such as “consensus” and “hierarchy”, journalistic conventions, nature of sources, publication frequency and schedule and so on.

  • Age as of August 15th of Payment shall be this percentage of Early Retirement Year Current Annual Salary 55 .

  • Yes No Name of Organization: Office location (City) ofemployee: Current Annual Salary: I certify that the information provided above is true and complete to the best of my knowledge and that the applicant meets the Arizona John R.

  • Current Annual Salary 11 TEACHING ASSIGNMENT INFORMATION 13-14SIDE 2 INSTRUCTIONS 15-1811A.

  • Current Annual Salary 10-11 TEACHING ASSIGNMENT INFORMATION 12-13SIDE 2 INSTRUCTIONS 14-1711A.

  • Current Annual Salary 9 INDIVIDUAL ASSIGNMENT INFORMATION 10SIDE 2 INSTRUCTIONS 1010A.

  • Spouse/Partner's Current Annual Salary (We will assume $0 if no response is provided.)$ 5.

  • CURRENT JOBApplicant #1Applicant #2Name Employer’s Name Job Title Current Annual Salary Start date/end date Hours of employment Hours worked per week Add additional sheets if necessary.

  • Spouse/Partner's Current Annual Salary (We will assume $0 if no response is provided.) $ 5.


More Definitions of Current Annual Salary

Current Annual Salary means current gross annual salary, excluding incentive payments, profit sharing payments and commissions.
Sample 1Sample 2
Current Annual Salary means the total amount of salary (excluding any bonus or deferred compensation) to which Employee was entitled during the last twelve months prior to the Triggering Event, as defined in paragraph 3. If Employee was not employed full-time by the Corporation for the full twelve months before the Triggering Event, then his Current Annual Salary shall be the total amount of salary to which Employee was entitled in the last consecutive or nonconsecutive twelve months of full time employment by the Corporation prior to the Triggering Event.
Sample 1

Related to Current Annual Salary

  • Current Annual Compensation means the greater of:

  • Base Annual Salary means the annual cash compensation relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, excluding bonuses, commissions, overtime, fringe benefits, stock options, relocation expenses, incentive payments, non-monetary awards, directors fees and other fees, automobile and other allowances paid to a Participant for employment services rendered (whether or not such allowances are included in the Employee’s gross income). Base Annual Salary shall be calculated before reduction for compensation voluntarily deferred or contributed by the Participant pursuant to all qualified or non-qualified plans of any Employer and shall be calculated to include amounts not otherwise included in the Participant’s gross income under Code Sections 125, 132(f), 402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; provided, however, that all such amounts will be included in compensation only to the extent that, had there been no such plan, the amount would have been payable in cash to the Employee.

  • Annual Salary means the salary given under this Part.

  • Average Annual Compensation For the purposes of this Agreement, “Average Annual Compensation” shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Accrued Base Salary means the amount of Executive's Base Salary which is accrued but not yet paid as of the Date of Termination.

  • Normal salary means the salary that would be paid to a participating employee if that person was not participating in a Plan and includes salary expressed as an annual rate, fortnightly rate, weekly rate, daily rate or hourly rate. It includes all allowances that are paid as an annual rate, fortnightly rate, weekly rate, daily rate or hourly rate but not overtime payments and shift work penalty rates unless they are paid as a component of an annualised rate.

  • 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.

  • Annual Base Salary shall have the meaning set forth in Section 3(a).

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Termination Base Salary means that amount equal to Executive’s annual base salary with the Company at the rate in effect immediately prior to the Change of Control or, if a greater amount, Executive’s annual base salary at the rate in effect at any time thereafter.

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

  • Pro Rata Annual Bonus means the amount of Annual Bonus, multiplied by a fraction, the numerator of which is the number of days in such year during which the Executive was actually employed by the Company (or its predecessor) and the denominator of which is 365.

  • Target Annual Bonus as of any date means the amount equal to the product of Base Salary determined as of such date multiplied by the percentage of such Base Salary to which Executive would have been entitled immediately prior to such date under any Bonus Plan for the Annual Performance Period for which the Annual Bonus is awarded if the performance goals established pursuant to such Bonus Plan were achieved at the 100% level as of the end of the Annual Performance Period.

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

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

  • Monthly salary means the gross amount paid to a participant making a claim under s. 40.65, at the time he or she becomes disabled within the meaning of s. 40.65 (4), by the employer in whose employ the injury occurred or the disease was contracted. Overtime pay may not be considered part of an employee’s monthly salary unless the employee received it on a regular and dependable basis.

  • 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.

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

  • 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.

  • Salary as defined in Section 3.1(a).

  • Annual Cash Compensation means the sum of (I) the Employee's highest Base Salary (i.e., one year's salary at its highest rate), plus (II) the "Applicable Average Bonus" as defined in subparagraph 5(a)(i)(B) above.

  • Final Salary means the average annual salary for service for which

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Earnable compensation means the full rate of the