Noncash remuneration definition

Noncash remuneration. Noncash remuneration means meals, lodging or any other payment in kind received by a worker from the employing unit in addition to or in lieu of cash payments for services except for meals and lodging that are furnished on the business premises of the employer for the convenience of the employer pursuant to 40 O.S. Section 1-218(6).
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Noncash remuneration. Noncash remuneration means meals, lodging or any other payment in kind received by a worker from the employing unit in addition to or in lieu of cash payments for services
Sample 1Sample 2
Noncash remuneration. Noncash remuneration means meals, lodging or any other payment in kind received by a worker from the employing unit in addition to or in lieu of cash payments for services except for meals and lodging that are furnished on the business premises
Sample 1

Examples of Noncash remuneration in a sentence

  • Details of Non-Cash Remuneration and Policy on Determining Method for Calculating the Amount Non-cash remuneration for inside directors consists of share compensation-based stock options.

  • Non-cash remuneration to domestic or agricultural employees is not considered wages.

  • Details of Non-Cash Remuneration and Policy on Determining Method for Calculating the Amount Non-cash remuneration for inside directors consists of restricted stock remuneration.

  • Noncash remuneration means meals, lodging or any other payment in kind received by a worker from the employing unit in addition to or in lieu of cash payments for services except for meals and lodging that are furnished on the business premises of the employer for the convenience of the employer pursuant to 40 O.S. Section 1-218(6).

  • Noncash remuneration for services performed by a retail salesperson, where the services are ordinarily performed for commissions in cash.

  • In such case the salesman may be a retail commission salesman with respect to services performed for one or more principals and not with respect to serv- ices performed for his other principals.(c) Noncash remuneration.

  • Policy on decisions on details, amount or number, or method to calculate the non-cash remuneration (Share-Based Remuneration) Non-cash remuneration consists of share-based remuneration I, where the fixed number of the Company’s shares will be granted to the Director according to his/her position and rank, etc., and share-based remuneration II, where the number of the shares granted will be determined based on the business performance.

  • Reasonable cash value of all remuneration in any medium other than cash (See OAC 240:10-1-2(b), Wages, Noncash remuneration).

  • Non-cash remuneration primarily con- sists of the amounts recognised in accordance with the tax basis for the use of company cars.In the reporting year, a total of 566 thousand euros was allo- cated to pension provisions (previous year: 614 thousand euros) as defined by the IFRS for key management staff (service cost and interest cost), thereof a service cost of 348 thousand euros (previous year: 379 thousand euros).

  • Noncash remuneration means meals, lodging or any other payment in kind received by a worker from the employing unit in addition to or in lieu of cash payments for services except for meals and lodging that are furnished on the business premises of the employer for the convenience of the employer pursuant to 40 O.S.

Related to Noncash remuneration

  • Remuneration means any money or its equivalent given or passed to any person for services rendered by him and includes perquisites as defined under the Income-tax Act, 1961;

  • Remuneration Report means the remuneration report which forms part of the Directors’ Report of the Company for the financial year ended 30 June 2020 and which is set out in the 2020 Annual Report.

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

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Annual Fees means the annual fees determined by the Council in terms of section 27;

  • Final compensation of a member means:

  • Base Pay means the Executive’s annual base salary from the Company at the rate in effect immediately prior to a Change in Control or at the time Notice of Termination is given, whichever is greater. Base Pay includes only regular cash salary (plus the amount of any automobile allowance paid to the Executive or any automobile lease payments made by the Company on behalf of the Executive) and is determined before any reduction for deferrals pursuant to any nonqualified deferred compensation plan or arrangement, qualified cash or deferred arrangement or cafeteria plan.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.