Salary definition

Salary as defined in Section 3.1(a).
Salary means the Executive’s annual base salary as in effect immediately prior to the Executive’s Qualifying Termination (or if the termination is due to a resignation for Good Reason based on a material reduction in base salary, then the Executive’s annual base salary in effect immediately prior to the reduction) or, if the Executive’s Qualifying Termination is a Qualifying CIC Termination and the amount is greater, at the level in effect immediately prior to the Change in Control.
Salary means the salary or rate of pay prescribed for the employee's classification by clause 3, Salaries, Part B of this Award, and any other payment that can be salary packaged in accordance with Australian taxation law.

Examples of Salary in a sentence

  • Index - A percent that, when multiplied by the Base Salary established in Article XIV.B. in effect on August 1 (Base Salary), will yield the annual stipend for that specific duty.

  • Salary Life Insurance $0.00 - $25,000 $25,000 $25,001 - $35,000 $35,000 $35,001 - $50,000 $50,000 The Flexible Spending Accounts (FSA) as governed by Section 125 of the Internal Revenue Act of 1978 shall be made available to bargaining unit members.

  • Salary rates will be as set out in Attachment A – Base salaries of this agreement.

  • A newly-hired teacher with no previous teaching experience will be placed on Step A1 of the Teachers’ Salary Schedule in the appropriate column.

  • Compensation shall be determined by multiplying the index for the assignment by the Base Salary in effect on August 1 to determine the annual amount.


More Definitions of Salary

Salary means a state employee's monthly salary or wages.
Salary means Executive’s annual base salary as in effect immediately before the termination of Executive’s employment or, if higher, the base salary in effect immediately before the first event or circumstance constituting Good Reason.
Salary shall have the meaning set forth in Section 3.1(a).
Salary means, without duplication of any amounts counted as Benefits, a predetermined regular payment, typically paid on a weekly or less frequent basis but which may be expressed as an hourly, weekly, annual or other rate, as well as cost-of-living differentials, vacation time, paid time off, sick leave, and overtime pay, paid by the Recipient to its Employees, but excluding any Federal, state, or local payroll taxes paid by the Recipient.
Salary has the meaning given to such term in Section 2.4(a) hereof.
Salary means the annual salary provided for in Section 3 below, as adjusted from time to time.
Salary means the basic compensation of an employee plus, with respect to an employee serving as chief of mission, officer temporarily in charge of the operations of an agency at a post, or in some other similar capacity, any additional compensation that he/she may be authorized to receive while serving in such capacity, but exclusive of all allowances, differentials or other additional compensation.