Salary Point definition

Salary Point means a salary nominated within a Class.
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Salary Point means a salary nominated within a grade or level.
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Salary Point. Standard Hours: Non Standard Increment:
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Examples of Salary Point in a sentence

  • For example: Previous Salary PointNew Salary Point This will mean a salary increase on promotion and access to a new salary scale up which the promoted candidate can progress.

  • District educators may register on the MyPLN for GATE professional development opportunities, including GATE Symposium and Salary Point classes.

  • Each tradesperson in this stream will be given the opportunity to train to a minimum skill level of Technical employee Level 2 (Salary Point 5.1).

  • Employees appointed to carry out the duties of an Occupational Health Nurse on a casual basis, are to be paid at the rate applicable to Salary Point 23 at the location; and a loading of 25%.

  • TransGrid may adjust the remuneration level to take account of individual and business performance levels, market rates for similar positions, economic factors, changes in responsibility, and other such factors, however total remuneration under an IEA will not be less than the remuneration attached to the Salary Point of the role held by the employee.

  • Each employee engaged in the Engineering/Science/Other Technical discipline will be given the opportunity to train to a minimum skill level of Technical employee Level 3 (Salary Point 8.0).

  • Chief Executive Post - Options for a pay and grading structure Option 1a: Fixed Salary Point (spot salary)The report to Employment Committee of the 16th October identified Rochdale Council as having the lowest Chief Executive salary across AGMA authorities.

  • Each employee in the Production worker (Trade) field will be given the opportunity to train to a minimum skill level of Production worker Level 3(b) (Salary Point 5.1).

  • Post Profile, Person Specification and Terms and ConditionsAppendix 1 JOB DESCRIPTION Job Title: Chief Executive and Monitoring Officer Responsible to: Police and Crime Commissioner Team: Staff of the Office of the Police and Crime Commissioner – 9 Salary: Point 71 - 74 Hours: 37 hours per week.

  • The Salary Point Rates include an amount in respect of the Annual Leave Special Payment and the ‘Special Payment’ for Sydney Office employees for the acceptance of the Variable Working Hours system.

Related to Salary Point

  • Annual Salary means the salary given under this Part.

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

  • Salary as defined in Section 3.1(a).

  • 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.

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

  • 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.

  • 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.

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

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

  • 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.

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

  • 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.

  • Final Average Compensation means the average annual

  • 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.

  • 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.

  • Enrollee point-of-service cost-sharing means amounts paid to

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • 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.

  • Earnable compensation means the full rate of the

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

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • 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.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

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

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