Median salary definition

Median salary means a salary set at the 50th percentile of the reference market.
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Median salary means a salary set at the 50th percentile of the comparison group.
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Examples of Median salary in a sentence

  • Comparator information in relation to each role for which there is someone in the bargaining unit: Professional Community Role Professional Community Role Benchmark Level/Detail Code Lower comparator for Rise+ Median salary for UK employees on the role code.

  • In May 1996, 235.27 tons of soil were excavated and removed west of Building 229.

  • Median salary tops $100,000 (US BLS) with experience and full certification.

  • This record of success was built on:n supporting the promotion of over 40,000 new jobs – smashing the target of 25,000;n £2.9 billion of investment – almost three times the target of £1bn;n £585 million on research and development investment – almost double the target of £300m andn 72% of new jobs supported under the Rebuilding Our Economy Programme have been above the Northern Ireland Public Sector Median salary.

  • This system provides an analytical approach to evaluating the job value, through allocating points to different components of the role, the total score of which equates to a grade within the Council’s pay and grading structure.The rates for Group Managers, Section 151 Officer, Deputy Chief Executives and Chief Executive were reviewed in 2016 when spot salaries based on the Local Authority SW Median salary were introduced.

  • Fronting onto Claremont Road opposite the site is the car sales use referred to above, the Claremont Hall, and two and three storey housing.

  • Median salary in 2014 in the private sector from the University of Minnesota was $110,000.

  • Table 1 Graduate employment and study outcomes, by study level, 2018 and 2019Type of Study Year In full-time employment (as a proportion of those available for full-time work) (%) Overall employed (as a proportion of those available for any work) (%) Labour force participation rate (%) Median salary, employed full-time ($) In full-time study (%) Higher level qualifications, on average, continue to confer additional benefits in the labour market, particularly for postgraduate coursework graduates.

  • Median salary The median annual salary of graduates employed full-time.

  • Starting with our current Median salary assumptions for new entrants, we estimated additional benchmarks as described below to capture Lower and Higher salary profiles.

Related to Median salary

  • 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.

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

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

  • 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.

  • Salary as defined in Section 3.1(a).

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

  • Annual Salary means the salary given under this Part.

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

  • 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.

  • Final average salary means whichever of the following is greater:

  • 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.

  • Highest Average Compensation means the average compensation for the three consecutive years of service with the employer that produces the highest average.

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

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

  • Final Average Compensation means the average annual

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

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • 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.

  • Current Annual Compensation means the greater of:

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • 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.

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Subcontractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • 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.

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).