Employee Compensation definition

Employee Compensation means the total cost incurred by the company towards employee compensation including basic salary, dearness allowance, other allowances, bonus and commissions including the value of all perquisites provided, but does not include:
Employee Compensation means the total cost incurred by the company towards employee compensation including basic salary, dearness allowance, other allowances, bonus and commissions including the value of all perquisites provided, but does not include:
Employee Compensation means the total cost incurred by the Company or Subsidiary towards Employee Compensation including basic salary, dearness allowance, other allowances, bonuses and commissions, and the value of all perquisites provided, but does not include the fair value of the Stock Option granted under this plan.

Examples of Employee Compensation in a sentence

  • Contractor shall be responsible for compliance of all statutory rules, regulation, act enforced from time framed by the government such as Factory Act, Employee Compensation Act, payment of ‘Wages Act’, Minimum Wages Act’, Provident Fund Act, Payment of Bonus Act, Labor Law Act, maternity benefit act in respect of employees engaged by him for the work and shall have to maintain necessary records.

  • The Contractor Employee Compensation Plan shall describe the Contractor’s policies regarding compensation, pensions and other benefits, and how these policies will support at reasonable cost the effective recruitment and retention of a highly skilled, motivated, and experienced workforce.

  • In case UGVCL becomes liable to pay any wages or dues to labour or any Government agency under any of the provisions of the Minimum Wages Act, Payment of Wages Act, Employee Compensation Act, Contract Labour Regulation Abolition Act, Employee Provident Fund or any other law due to act of omission of the Contractor, UGVCL may make such payment and shall recover the same from the Contractor’s bills.

  • Contractor shall take all risk Insurance Policy to cover all his workmen/employees, staff applicable under the Employee Compensation Act 1923 or any amendment thereof as also insurance cover for third party liability.

  • In establishing an initial workforce, and through the first six (6) months after Contract award, the Contractor shall give a first preference in hiring for vacancies in non-managerial positions under this Contract to Incumbent Employees (as defined in paragraph (b) of the Section H Clause entitled, Employee Compensation: Pay and Benefits) who meet the qualifications for a particular position.


More Definitions of Employee Compensation

Employee Compensation employee salary, bonus and other compensation and social costs, including the cost of all retirement, health and other welfare and benefit plans maintained on behalf of such employee;
Employee Compensation shall have the meaning set forth in Section 5.10 hereof.
Employee Compensation means the total cost incurred by the Company towards employee compensation including basic salary, dearness allowance, other allowances, bonus and commission including the value of all perquisites provided, but does not include discount at which shares are issued under this Scheme.
Employee Compensation means the direct salaries and wages paid to or accruing for the benefit of the management staff and all other persons employed by OPERATOR at the Golf Course, together with all fringe benefits payable to or accruing for the benefit of such employees, including employer's contribution under the Federal Insurance Contributions Act ("FICA"), unemployment compensation, or other employment taxes, pension fund contributions, worker's compensation, group life and accident and health insurance premiums, retirement, disability and other similar benefits.
Employee Compensation means any employee compensation, other than an Employee's base salary, or an award of Incentive Compensation, determined by the Committee to be properly deferrable under the Plan.
Employee Compensation means the direct salaries and wages paid to or accruing for the benefit of the management staff and all other persons employed by OPERATOR at the Golf Course, together with all fringe benefits payable to or accruing for the benefit of such employees, including employer's contribution under the Federal Insurance Contributions Act ("FICA"), unemployment compensation, or other employment taxes, pension fund contributions, worker's compensation, group life and accident and health insurance premiums, retirement, disability and other similar benefits.
Employee Compensation. Compensation: ● Total shares: Eleven Million (11,000,000) common shares. (9,000,000 million originally in Reg A Offering and an additional 2,000,000 million as promotional bonus) Annual Compensation: ● Annual salary of Three Hundred and Fifty Thousand Dollars ($350,000); and ● All commercially reasonable expenses. All compensation is subject to all necessary state and federal tax withholding requirements, payable in accordance with the Employer’s normal payroll practices.