Gross compensation definition

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.
Gross compensation means every form of remuneration payable for a given
Gross compensation. ’ means gross wages and benefits paid to or on behalf of employees receiving wages.

Examples of Gross compensation in a sentence

  • Gross compensation of $770.00 was reduced by optional life insurance of $23.50 to yield net compensation of $746.50.

More Definitions of Gross compensation

Gross compensation means the total amount of a Participant's Compensation, including advisory service fees, but excluding compensation earned on the sales of certain insurance products through H.D. Vest Insurance Services, unreduced by any amount.
Gross compensation means Basic Compensation paid by the University to a Participant during a Plan Year plus additional or supplementary earnings, as described in the attached Appendix A. For purposes of this Section, the provisions of subsections (a) through (c) of Section 2.5 shall be applied by substituting “Gross Compensation” for “Basic Compensation” in each place it appears.
Gross compensation means wages, as defined in Section 2385.1 of Title 68 of the Oklahoma Statutes, and benefits paid on behalf of employees receiving wages; and
Gross compensation means all income of any kind derived from any of your activities (whether entered into prior to our representation of you), without the deduction of any cost or expense incurred by you.
Gross compensation means all consideration received by Licensee and Affiliates from third parties for the manufacture, sale, commercialization, and/or sublicensing of the Licensed Patent Rights, the Technology and the Sublicensed Technology. Gross Compensation shall include:
Gross compensation means, generally, your Basic Compensation plus additional or supplementary earnings. Your Gross Compensation is used for purposes of computing your Employee Contributions as further described in the Employee Contributions Section.
Gross compensation means the total Compensation payable to an Employee before any deduction is made for payment of taxes, retirement system contributions, or any other deduction the employee may authorize, and before reduction of salary pursuant to participation in the Plan.