Base payroll definition

Base payroll means total payroll adjusted
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Base payroll means the Vermont gross salaries and wages paid as
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Base payroll means the total Vermont gross wages and salaries
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Examples of Base payroll in a sentence

  • Base payroll increases should only be reviewed through June 30, 2021, because that is the 10 end of the six-month update period.

  • Base payroll should be set at test-year levels and CenterPoint has not established that an increase beyond test-year levels is reasonable, nor have the Intervenors established that a base payroll level below test-year levels is appropriate.

  • Compensation Base payroll costs for 2021-22 is forecasted to be approximately $480 million, which includes a projection for subsidiaries Manitoba Hydro International and Manitoba Hydro Utility Services, but does not include overtime or benefits.

  • The following table shows the Disability Reserve as of June 30, 2014: * Base payroll increased by 8% to reflect the Employer paid member contributions to CalPERS.

  • Base payroll and related payroll taxes and benefits of employees are designated on Exhibit 3(c)(ii) hereto.


More Definitions of Base payroll

Base payroll means total payroll adjusted for any nonrecurring bonuses, exercise of stock option or stock rights and other nonrecurring, extraordinary items included in total payroll, and
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Base payroll means the Vermont gross salaries and wages paid as compensation to full-time Vermont jobs held by non-owner employees as of the date a business with an approved application commences its proposed economic activity.
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Base payroll shall be the annualized wages, salaries, commissions and other compensation of all employees located at the Project site immediately prior to the finalization of the CRA Agreement.
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Base payroll means the total Vermont gross wages and salaries actually paid to full-time, nonowner employees.(7) "But-for" means the determination of whether, in the absence of the economic incentive sought, the proposed economic development would not occur or would occur in a significantly different and significantly less desirable manner.(8) "Capital investment target" means qualifying capital investment in an award period year as represented on the Vermont employment growth incentive application.(9) "Full-time job" means a permanent position filled by an employee who works at least 35 hours each week.(10) "Incentive percentage" means the percentage applied to qualifying payroll in order to calculate earned incentives.(11) "Incentive ratio," set at 80 percent, is the percentage applied to the preincentive net fiscal benefit in order to calculate the maximum award that may be authorized under this section.(12) Repealed.](13) "Jobs target" means the projected number of new qualifying jobs in an award period year as reported on the Vermont employment growth incentive application.(14) "Net fiscal benefit" means the excess of the present value benefit to the State over the present value cost to the State as calculated by the cost- benefit model.(15) "Nonowner" means an employee with no more than 10 percent ownership interest, including attribution of ownership interests of the employee's spouse, parents, spouse's parents, siblings, and children.(16) "Payroll target" means the projected Vermont gross wages and salaries for qualifying jobs in an award period year as reported on the Vermont employment growth incentive application.(17) "Payroll threshold" means expected average industry payroll growth as determined by the cost-benefit model.(18) "Projected average wage" means the total payroll targets divided by the total jobs targets. (7) “Non-owner” means a person with no more than 10 percent ownership interest, including attribution of ownership interests of the person’s spouse, parents, spouse’s parents, siblings, and children.(8) “Payroll performance requirement” means the minimum value of Vermont gross salaries and wages a business must pay as compensation for one or more qualifying jobs.(9) “Qualifying job” means a new, permanent position in Vermont that meets each of the following criteria:(A) The position is filled by a non-owner employee who regularly works at least 35 hours each week.(B) The business provides compensation for the position that equals or exceeds the...
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Base payroll means total payroll for the calendar year the construction, acquisition, or expansion assets are first placed in service and the subsequent four (4) calendar years of eligibility.
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Related to Base payroll

  • Base Pay means the Executive’s annual base salary from the Company at the rate in effect immediately prior to a Change in Control or at the time Notice of Termination is given, whichever is greater. Base Pay includes only regular cash salary (plus the amount of any automobile allowance paid to the Executive or any automobile lease payments made by the Company on behalf of the Executive) and is determined before any reduction for deferrals pursuant to any nonqualified deferred compensation plan or arrangement, qualified cash or deferred arrangement or cafeteria plan.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • 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.

  • 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.

  • Payroll means total salaries and wages before deducting any personal or dependency exemptions.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Final compensation of a member means:

  • Creditable compensation means the full compensation payable annually to an employee working

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

  • Earnable compensation means the full rate of the

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

  • 415 Compensation means: