Average Hourly Earnings definition

Average Hourly Earnings as used in this Agreement shall mean, in the case of an hourly rated employee, the regular hourly rate being paid employee, or the case of an incentive employee, the earnings of the employee over the immediate past (8) pay periods worked divided by the number of hours worked.
Sample 1
Average Hourly Earnings for the purposes of this Plan, means the straight time hourly earnings of the applicant and shall be based on the applicant’s last three weeks of employment in the Bargaining Unit on the most recent job on which he had job seniority. Such “Average Hourly Earnings” shall be determined by dividing the applicant’s earnings including Night Shift Bonus, but excluding overtime and all other premium payments, by the corresponding straight time hours worked during that same three week period. If a general wage increase has become effective between the period for which average hourly earnings has been calculated and the date of lay-off, such general wage increase shall be added to the average hourly earnings so calculated. In order to provide a minimum appropriate to the current wage scales in the plant, the average hourly earnings shall in no case be deemed to be less than seven dollars per hour for the purpose of calculating the benefits payable.
Sample 1
Average Hourly Earnings means an employee’s hourly earnings plus his off shift premium but excluding overtime based on a six week pay period immediately preceding the date of his layoff, provided that if such employee was assigned or transferred to a new operation at a lower rate during such six week pay period, the hours worked and his earnings on such new job will be excluded from his average hourly earnings. Provided, however, that should the employee have no earnings during such six (6) week period other than as a learner, his average hourly earnings shall be based on the first work week preceding such learning period. If a general wage increase has become effective between the period for which average hourly earnings has been calculated, and the date of layoff, such general wage increase shall be added to the hourly earnings so calculated. In order to provide a minimum appropriate to the current wage scales in the plant, the average hourly earnings shall in no case be deemed to be less than two dollars and thirty-five cents ($2.35) per hour, for the purpose of calculating the benefits payable.
Sample 1

Examples of Average Hourly Earnings in a sentence

  • ECIs are superior to Average Hourly Earnings (AHE) as price proxies for input price indexes because they are not affected by shifts in occupation or industry mix, and because they measure pure price change and are available by both occupational group and by industry.

  • Commodity Index = The U.S. Bureau of Labor Statistics Producer Price Index for Industrial Commodities Less Fuel (Series WPU03T15M05) for the month prior to the date you submit your application divided by 173.1. Earnings Index = The U.S. Bureau of Labor Statistics Estimated Average Hourly Earnings of Production Workers for Durable Manufacturing (Series CES3100000008) for the month prior to the date you submit your application divided by 18.26.

  • Average Hourly Earnings for all employees on private nonfarm payrolls.

  • The actual labour cost component for a given year will be the annual growth in Average Hourly Earnings (AHE) for salaried employees (paid a fixed salary), including overtime, unadjusted for seasonal variation for selected industries classified using the North American Industry Classification System (NAICS), for Alberta, Industrial Aggregate (excluding unclassified businesses), based on the monthly Statistics Canada CANSIM Series V1603533.

  • Commodity Index = The U.S. Bureau of Labor Statistics Producer Price Index for Industrial Commodities Less Fuel (Series WPU03T15M05) for the month prior to the date you submit your application divided by 173.1. Earnings Index = The U.S. Bureau of Labor Statistics Estimated Average Hourly Earnings of Production Workers for Du- rable Manufacturing (Series CES3100000008) for the month prior to the date you submit your application divided by 18.26.

  • Average Hourly Earnings of Field Workers and Other Workers in the Private Sector(in nominal dollars) Source: Created by CRS from FLS (column 2) and BLS (column 3) employer survey data.

  • Average Hourly Earnings of Crop Workers and Other Workers in the Private Sector(in nominal dollars) Year Source: Created by CRS from NAWS worker (column 2) and BLS employer survey data (column 3).

  • Should I commit any violation, my access privileges may be removed, and disciplinary action and/or appropriate legal action may be taken against me.

  • In earlier PMN SNUR economic analyses, such as EPA (2003), wage rates for production workers came from the BLS National Employment, Hours, and Earnings, Average Hourly Earnings of Production Workers, while fringe benefits were taken from the ECEC data.

  • Conclusion Regulation TextIn addition, because of the many terms to which we refer by abbreviation in this final rule, we are listing these abbreviations and their corresponding terms in alphabetical order below:AHE Average Hourly Earnings ARD Assessment Reference DateBBA Balanced Budget Act of 1997 (Pub.


More Definitions of Average Hourly Earnings

Average Hourly Earnings for the pur- poses of this Plan, means the straight time of the and shall be based on the-applicant’s three weeks of employment in the Bargaining Unit on the most recent on which he had senior- ity. Such “Average Hourly Earnings” shall be determined by dividing the applicant’s earn- ings including Night Shift Bonus, but exclud- ing overtime and all other premium pay- ments, by the corresponding straight time hours worked during that same three week period. If a general wage increase has become effec- tive between the period for which average earnings has been calculated the date of layoff: such general wage increase shall be added to the average hourly earnings so calculated. In order to provide a minimum appropriate to the current wage scales in the plant, the average hourly earnings shall in no case be deemed to be less than three dollars per hour for the purpose of calculating the benefits payable.
Sample 1
Average Hourly Earnings as used in this Agreement shall mean, in the case of an hourly rated employee, the regular hourly rate being paid the employee, or in the case of an incentive employee, the earnings of the employee over the immediate past eight (8) pay periods worked divided by the number of hours worked. The parties agree that the incentive rates currently in effect shall remain unchanged unless there is a corresponding change in method, operation, layout or product specification or unless mutually agreed to. The Company agrees where it is unable to provide a one hundred percent (100%) workload when setting incentive rates, the employee involved will. be made-up to one hundred percent (1 however, the Company reserves the right to allocate additional workload for the employee to substitute for such make-up.
Sample 1

Related to Average Hourly Earnings

  • Final Average Earnings means (a) divided by (b) as follows:

  • Weekly Earnings means your gross weekly 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.

  • 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.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

  • 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.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Final Average Pay means the participant’s average monthly compensation in the highest three calendar years of compensation out of five consecutive calendar years of employment during a period of eligibility service by the Company or an Affiliate. Years separated by a period of one or more calendar years when the participant has no such eligible employment shall be treated as consecutive. Additional compensation paid at retirement or other Separation from Service, such as for periods of unused vacation or sick leave, shall be attributed to calendar years by assuming that employment continued during the period based on which the compensation is measured. Severance pay shall be disregarded, except severance pay in lieu of service.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • 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.

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

  • Core Earnings means, with respect to any Person for any period, net income determined in accordance with GAAP of such Person and its consolidated subsidiaries and excluding (but only to the extent included in determining net income for such period) (i) non-cash equity compensation expense, (ii) the expenses incurred in connection with the formation of the Sponsor and the offering in connection therewith, including the initial underwriting discounts and commissions, (iii) acquisition costs from successful acquisitions (other than acquisitions made in the ordinary course of business), (iv) real property depreciation and amortization, (v) any unrealized gains or losses or other similar non-cash items that are included in net income for the current quarter, regardless of whether such items are included in other comprehensive income or loss, (vi) extraordinary or non-recurring gains or losses and (vii) one-time expenses, charges or gains relating to changes in GAAP; provided that Core Earnings shall, solely with respect to the Core Earnings attributable to any Non Wholly-Owned Consolidated Affiliate, only include the Consolidated Group Pro Rata Share of such attributable amount.

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • 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.

  • Average final compensation means the average annual creditable compensation of a member during

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Excess Earnings means, with respect to Mortgage Loans held in any subaccount of the Acquisition Account or the Loan Recycling Account established in connection with a Series of Tax- exempt Bonds, the "excess earnings," as defined in Treasury Regulations § 1.148-10T, with respect thereto.

  • Disposable earnings means that part of the earnings of an

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Payoff Earnings For any Distribution Date with respect to each Mortgage Loan on which a Payoff was received by the Master Servicer during the Payoff Period, the aggregate of the interest earned by the Master Servicer from investment of each such Payoff from the date of receipt of such Payoff until the Business Day immediately preceding the related Distribution Date (net of investment losses).

  • Ordinary time earnings means the salary, wage or other remuneration regularly received by the employee in respect of the time worked in ordinary hours and shall include shift work penalties, payments which are made for the purpose of District or Location Allowances or any other rate paid for all purposes of the award to which the employee is entitled for ordinary hours of work. Provided that "ordinary time earnings" shall not include any payment which is for vehicle allowances, fares or travelling time allowances (including payments made for travelling related to distant work), commission or bonus.

  • Average weekly wage means the amount derived by dividing an

  • Credited Service means the member's total period of service

  • Average Contribution Percentage means the average of the Contribution Percentages of the Eligible Participants in a group.