Fortnightly salary definition

Fortnightly salary means an employee's substantive salary exclusive of any allowances such as the district allowance, personal allowance, qualifications allowance, efficiency allowance, service allowance, special allowance, or higher duties allowance unless otherwise approved by the Employer. Provided that a special allowance or higher duties allowance shall be included in "fortnightly salary" when overtime is worked on duties for which these allowances are specifically paid.

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Fortnightly salary means an employee's substantive salary exclusive of any allowances such as the district allowance, personal allowance, qualifications allowance, efficiency allowance, service allowance, special allowance, or higher duties allowance unless otherwise approved by

Fortnightly salary means an Employee’s annual salary divided by 365.25 multiplied by 14;

Examples of Fortnightly salary in a sentence

• The fortnightly salary is calculated using the following formula: Fortnightly salary = Annual salary x 12 / 313 SALARY ON ENGAGEMENT, PROMOTION OR TRANSFER When an employee commences in or is promoted within IP Australia, salary will be payable at the minimum of the pay scale applicable to the employee’s classification.

• Employees will be paid fortnightly in arrears by electronic funds transfer into a financial institution : Fortnightly salary = Note: This formula is designed to achieve a consistent fortnightly pay rate without significant variability year-to-year.

• Where the salary is paid fortnightly, each apportioned payment will be calculated as follows: Fortnightly salary ($) = Annual salary x 12/313 expressed to the nearest 10 cents 36.4 Part-time Employees (a) A part-time Employee will be paid pro rata, at the same rate as a full-time Employee in the same classification.

• A casual Employee shall be paid for each hour worked at the appropriate classification contained in Schedule 2: Salaries of this Agreement in accordance with the following formula: Fortnightly salary 75 with the addition of casual loading in lieu of annual leave, personal leave and payment for public holidays.

• During prescribed hours of duty Fortnightly salary X 3 75 2 in addition to the normal days pay.

• Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having been so mailed, such Defaulted Interest shall be paid to the persons in whose names the Securities of such series (or their respective predecessor Securities) are registered on such Special Record Date and shall no longer be payable pursuant to the following subsection (b).

• Employees will be paid fortnightly in arrears by electronic funds transfer into a financial institution account of the employee’s choice, based on their annual salary using the following formula: Fortnightly salary = Note: This formula is designed to achieve a consistent fortnightly pay rate without significant variability year-to-year.

• Fortnightly salary is calculated on the basis of the agreed number of working weeks (from 44-48) as a proportion of a 52-week annual salary.

• The fortnightly salary will be ascertained by applying the following formula: Fortnightly salary = annual salary divided by 26.

More Definitions of Fortnightly salary

Fortnightly salary means an employee’s substan- tive salary, exclusive of any allowances such as a special allowance, or higher duties allowance unless otherwise approved by the Chief Executive Officer. Provided that a special allowance or higher duties allowance shall be included in “fortnightly salary” when overtime is worked on duties for which these allowances are specifically paid.

Fortnightly salary means an Employee’s annual Salary divided by 365.25 multiplied by 14. FWC means the Fair Work Commission or its successor. Fair Work Act 2009 (Cth) and FW Act means that Act, as may be amended from time to time and any successor to that Act.

Fortnightly salary means an Employee's substantive salary exclusive of any allowances such as the district allowance, personal allowance, qualifications allowance, service allowance, special allowance, or higher duties allowance unless otherwise approved by the Employer. Provided that a special allowance or higher duties allowance shall be included in "fortnightly salary" when overtime is worked on duties for which these allowances are specifically paid.

Fortnightly salary means an Employee’s annual salary divided by 365.25 multiplied by 14