Months pay definition

Months pay means whichever is the more beneficial of the following calculations:
Sample 1Sample 2Sample 3
Months pay means Annual Pay divided by twelve.
Sample 1Sample 2
Months pay means an Employee’s Compensation divided by twelve (12).
Sample 1

Examples of Months pay in a sentence

  • Within seven (7) Working Days following the Service Transfer Date, the Supplier shall provide to the Customer or any Replacement Supplier, in respect of each person on the Supplier's Final Staff List who is a Transferring Supplier Employee: the most recent Month's pay slip data; details of cumulative pay for tax and pension purposes; details of cumulative tax paid; tax code; details of any voluntary deductions from pay; and bank/building society account details for payroll purposes.

  • Table 1-1 Years of Service and Separation LENGTH OF SERVICESEPARATION ALLOWANCE1 year and less than 2 years3 Months' pay2 years and less than 3 years6 Months' pay3 years and less than 5 years9 Months' pay5 years and over12 Months' pay l) The Authority will cooperate with the Union in verifying that the work entailed in data input and retrieval as specified in this Article is performed by members of the Union.

  • Examples: Months, pay periods, terms, hours, or zero.6. Enter the planned period of effort for the employee class in the Position Annual Basis field.

  • I rec’d but One Months pay from July 1779 untill the Army was disbanded in S.C. I believe November 1783.


More Definitions of Months pay

Months pay means:
Sample 1

Related to Months pay

  • months shall be construed in accordance with Clause 1.3;

  • Premium Paying Term means the period as stated in the Policy Schedule, in years, over which Premiums are payable;

  • Core Earnings means the net income (loss), computed in accordance with GAAP, excluding (i) non-cash equity compensation expense, (ii) the Incentive Compensation, (iii) acquisition fees, (iv) financing fees, (v) depreciation and amortization, (vi) any unrealized gains or losses or other non-cash items that are included in net income for the applicable reporting period, regardless of whether such items are included in other comprehensive income or loss, or in net income, and (vii) one-time events pursuant to changes in GAAP and certain non-cash charges, in each case after discussions between the Manager and the Independent Directors and approved by a majority of the Independent Directors.