Salary index definition

Salary index means the percentage increase in the average of the total wages, as determined under 42 USC 415 (b)
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Salary index means, for purposes of s. 40.26, Stats., for years prior to 1982, 5%.
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Salary index means the percentage increase in the av- erage of the total wages, as determined under 42 USC 415 (b) (3) (A), between the year before the preceding year and the preceding year.
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Examples of Salary index in a sentence

  • The Supplemental Salary index as found in Article XIV, C.,3., h., herein reflects an index for each position relative to the base salary and shall go into effect for all supplemental contracts listed during the contract year.

  • Salary index Mr BEZEMER said that his Delegation recognized that the Organization had two priorities: the support and development of the present scientific programme and the completion of LEP on schedule.

  • Salary index of each rank in the high ranking diplomat category, unit value of salary index as well as other benefits shall be determined by a separate Royal Decree.

  • The new estimation method of salary index called “composite salary index” is weighted average from the four indices covering 1) Salary index; 2) Consumer price index on tuition item; 3) Consumer price index medical care item; and 4) General consumer price index.

  • The Supplemental Salary index as found in Article IX, C., 3., h., herein reflects an index for each position relative to the base salary and shall go into effect for all supplemental contracts listed during the contract year.

  • Salary index data for the San Antonio SSLC as reported by Indeed.com (accessed 28 July 2014).

  • Salary index is based on the 2014-2015 index as the 2015-2016 index has not yet been adopted.

  • Real salary growth index in December 2011 compared to December 2010 (calculated as ratio of Salary index to CPI) represented 100,6%.

  • We determined the proportion of total wage costs that each subcategory represents.These proportions listed in Table 6 represent the major rebased and revised home health blended Wage and Salary index weights.


More Definitions of Salary index

Salary index. Class A Bachelor’s Degree Class B Bachelor’s Degree plus 30 semester units. Twenty-four (24) of these must be upper division or graduate. Class C Bachelor’s Degree plus 45 semester units (Thirty-six (36) of these must be upper division or graduate) or Master’s Degree including 30 semester units. Class D Bachelor’s Degree plus 60 semester units (Forty-eight (48) of these must be upper division or graduate) or Master’s Degree including 45 semester units. Class E Master’s Degree including 60 semester units. In areas which have been designated by the Board of Trustees as being areas of critical needs, the District may authorize additional lower division units than authorized above.
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Related to Salary index

  • Monthly Salary Rate means the amount agreed to by Owner that can be used on Applications for Payment throughout the Construction Phase to account for the monthly salary costs of Contractor’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Contractor’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by Contractor for services performed. The initial Monthly Salary Rate is included in Exhibit “G” attached to 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.

  • Annual Salary means the salary given under this Part.

  • 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.

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

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

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • 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.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Salary range is the range of rates between, and including, the minimum and maximum rate currently authorized for the class;

  • 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.

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

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • Salary as defined in Section 3.1(a).

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Inflation rate means that term as defined in section 34d.

  • Annualized means (i) with respect to the end of the first Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter multiplied by four, (ii) with respect to the second Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding Fiscal Quarter multiplied by two, and (iii) with respect to the third Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding two Fiscal Quarters multiplied by one and one-third.

  • Basic Compensation means Salary and Benefits.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;

  • Benefit year means the period of twelve consecutive months, July 1 through June 30, as established by an employer in which an employee shall accrue and use earned sick leave as provided pursuant to N.J.S.A. 34:11D-2, provided that once the starting date of the benefit year is established by the employer it shall not be changed unless the employer notifies the Commissioner of Labor and Workforce Development of the change in accordance with regulations promulgated pursuant to the Act. The Commissioner shall impose a benefit year on any employer the Commissioner determines is changing the benefit year at times or in ways that prevent the accrual or use of earned sick leave by an employee.

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

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

  • 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);

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of: