Common use of Monthly Salary Clause in Contracts

Monthly Salary. Monthly salary means - fixed monthly salary in cash plus any fixed monthly salary supplements (e.g., fixed shift supplements or overtime supplements) - the estimated average monthly income from commissions, profit sharing, bonuses, incentive pay or similar variable salary elements. As to salaried employees who receive a substantial part of their pay through such elements, a special agreement should be made concerning the amount of pay that will constitute the monthly salary from which the deduction shall be made.

Monthly Salary. Monthly salary means - – fixed monthly salary in cash plus and any fixed monthly salary supplements per month (e.g., e.g. fixed shift supplements or overtime supplements) - – the estimated calculated average monthly income per month from commissionscommission, profit profit-sharing, bonuses, incentive pay salary or similar variable salary elementscomponents. As to For salaried employees who receive for whom a substantial part significant share of their pay through compensation consists of such elementssalary components, a special agreement it should be made concerning the agreed which salary amount of pay that will constitute be the monthly salary from which the deduction shall be salary deductions are made.

Monthly Salary. Monthly salary means - – fixed monthly salary in cash plus and any fixed monthly salary supplements per month (e.g., e.g. fixed shift supplements or overtime supplements) - – the estimated calculated average monthly income per month from commissionscommission, profit profit-sharing, bonuses, incentive pay salary or similar variable salary elementscomponents. As to For salaried employees who receive for whom a substantial part significant share of their pay through compensation consists of such elementssalary components, a special agreement it should be made concerning the agreed which salary amount of pay that will constitute be the monthly salary from which the deduction shall be salary deductions are made.