Weekly Wage definition

Weekly Wage means the gross basic weekly amount payable by the Insured to the Insured Person as at the date of the occurrence of Bodily Injury
Weekly Wage means the rates set out in this Agreement applicable to the Employee's classification for a week. The weekly wage is to the exclusion of overtime earnings, shift premiums, attendance bonus, incentive earnings under any system of payment by results, fares and travelling time allowances, shift allowances, penalty rates, loadings and other ancillary payment payable by the Company.
Weekly Wage means the amount of compensation provided by the Company to Employee on a weekly basis if Employee is a non-exempt, hourly wage employee according to the Company's personnel records. Such amount shall be determined by multiplying the highest hourly wage in effect for Employee at any time immediately prior to, on, or after the date of Change in Control (exclusive of all other forms of compensation and benefits) by 2080, and by dividing that product by 52.

Examples of Weekly Wage in a sentence

  • If the total payments to the Insured Person from all Other Plans exceed 100% of the Average Weekly Wage, then We will pay the Minimum Weekly Benefit Amount as shown in Section IV-C of the Schedule of Benefits.

  • The total payable in respect of Temporary Partial Disablement Benefit for an Insured Person shall not exceed 50% of Insured Person’s Weekly Wage.

  • The total payable in respect of Temporary Total Disablement Benefit for an Insured Person shall not exceed the Insured Person’s Weekly Wage.

  • Gross Weekly Wage For weekly paid Insured Persons this means the average weekly gross basic salary excluding payments for overtime, commission or bonuses for the thirteen weeks prior to sustaining accidental Bodily Injury.

  • If the total payments to the Insured Person from all Other Plans exceed 100% of the Average Weekly Wage, then We will pay the Minimum Weekly Benefit Amount (Total Disability) as shown in Section IV-D of the Schedule of Benefits.

  • Weekly Wage Schedules shall be rounded to the nearest half dollar.

  • Effective June 26, 2016 Basic Weekly Wage Rates will be increased 3.00% at the maximum rate, exponentialized with no change in the start rate.

  • Average Weekly Wage – the average of the employee’s weekly wage for the 14 weeks immediately prior to the accident.

  • The Union's Weekly Wage Indemnity Plan (1-8-39 plan providing seventy-five (75%) percent of earnings when unable to work due to sickness or accident) shall be made available to all regular and regular part-time employees.

  • Paid sick leave to include Wage Indemnity* Approved Leave [Maternity, Jury Duty, Bereavement Leave] exclusive of Sections and In the case of an employee receiving Weekly Wage Indemnity Benefits, the Employer will continue to remit Pension Benefit contributions on behalf of the employee.


More Definitions of Weekly Wage

Weekly Wage means the hourly rate prescribed in terms of this agreement multiplied by the ordinary hours which an employee works in terms of this agreement;
Weekly Wage means the annual salary as specified in the schedules to this Agreement divided by 52.18.
Weekly Wage means an Employee’s hourly rate multiplied by the ordinary hours worked in a week.

Related to Weekly Wage

  • Average weekly wage means the amount derived by dividing an

  • Minimum wage means wages as defined under the Minimum Wages Act-1948 and amended from time to time.

  • Maximum Weekly Starts means the maximum number of times that a generating unit can be started in one week, defined as the 168 hour period starting Monday 0001 hour, under normal operating conditions.

  • relevant minimum wage means the minimum wage and includes any incremental adjustment prescribed in this award for the class of work for which an employee is engaged

  • Weekly Earnings means, in the case of a day or shift worker, 40 hours x his regular rate;