Differential compensation definition

Differential compensation means either a reduction in the number of hours required to be actually worked or an increase in salary.
Sample 1Sample 2Sample 3
Differential compensation means pay due when the
Sample 1Sample 2Sample 3
Differential compensation means either a reduction in the number of required hours actually worked, or an increase in salary. “Shift” means the number of hours worked and shall include a duty-free meal period of not less than one-half hour which, in the case of seven- or eight-hour shift, shall occur approximately at the midpoint of the shift. This Rule shall not apply to employees working six hours or less or assigned to a split shift.
Sample 1Sample 2Sample 3

Examples of Differential compensation in a sentence

  • For the purpose of clarification Corporal, Officer in Charge and Shift Differential compensation related to assigned duties or shifts shall not be considered premium compensation.

  • Differential compensation shall be the difference between the employee's daily salary (annual salary divided by the number of teacher work days) and the salary actually paid a substitute employee.

  • Differential compensation 2 shall be the difference between the employee's daily salary (annual salary divided by the 3 number of teacher work days) and the District established daily rate for substitute or 4 temporary teachers.

  • For purposes of this article, the following definitions shall apply unless the context indicates otherwise: (a) "Differential compensation" means either a reduction in the number of hours required to be actually worked or an increase in salary.

  • Differential compensation shall not be paid for active service without pay.

  • Differential compensation is only paid for those workdays where the employee would otherwise have been scheduled to work.

  • For the purpose of clarification, Shift Differential compensation related to assigned duties or shifts shall not be considered premium compensation.

  • Differential compensation for voluntary active service is limited to 60 work days per calendar year.

  • THE DESIRABILITY OF A LEGAL RESPONSE TO DIFFERENTIAL COMPENSATION FOR INDEPENDENT AGENTS Differential compensation of sales agents is common, and often understood to be relatively benign in many industries and market contexts.

  • The Board of Directors may also suspend operation of the Plan at any time for such reason and term as it deems appropriate.


More Definitions of Differential compensation

Differential compensation means pay due when the employee's daily rate of compensation for military service is less than his or her daily rate of compensation as a public
Sample 1
Differential compensation in this policy, means supplemental compensation for assign- ment to unusual work schedules, performing specialized skills generally not required in the position, or for performing under certain physically strenuous working conditions.
Sample 1

Related to Differential compensation

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Final compensation of a member means:

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

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Subcontractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • 415 Compensation means:

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

  • 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.

  • 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.

  • Basic Compensation means Salary and Benefits.

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.

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

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Eligible Compensation means (i) for eligible exempt employees, such employee’s base salary at the time the Bonus or Spot Bonus is determined (prorated for time in an eligible position), and (ii) for eligible non-exempt and non-union hourly employees, such employees’ eligible wages for the applicable year as determined by the Company to be required by law.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Earnable compensation means the full rate of the

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