Effective wage definition

Effective wage means, for a worker not paid on an hourly basis, his/her income from the employer in question for the most recent full pay period divided by the number of hours he/she worked during that pay period.

Examples of Effective wage in a sentence

  • Effective wage changes are less staggered than wage change decisions.

  • Effective wage bargaining co-ordination can therefore be considered as an important means for nominal and real stabilisation of the economy.

  • Effective wage means, for a worker not paid on an hourly basis, his/her income from the employer in question for the most recent full pay period divided by the number of hours he/she worked during that pay period.

  • Effective wage rate and numbers of hours worked‌The numbers of hours worked has an impact on the actual wager rate and the participation in the program.

  • Effective wage bargaining co-ordination is therefore not only a superior method to contain inflation in an economic upswing, compared to restrictive monetary policies, it is also able to stabilise the economy in an economic downswing.

  • Effective wage increases could be even higher; data from the League of Municipalities showed that between 1981 and 1991 police officers earned on average 14.7 percent per year raises, due to both horizontal (raises within a pay scale) and vertical (increase in entire scales due to new contracts) raises.

  • Effective wage rates will be on file with the Department of Industrial Relations.

  • Effective wage controls would thus undermine the market mechanism from making these adjustments.

  • CAVElib (http://www.iri-vr.ncl.ac.uk/software/cavelib.html) is a C programming interface that can be combined with Performer, Open Inventor or other OpenGL renderers to manage a number of aspects of VR systems and help building virtual reality applications.

  • P0 x (0.2+ 0.8 x (S1 / S0)) Where: P1 = Effective rate after indexation P0 = Rate (base year) S1 = Effective wage costs in the month of December preceding the adjustment (cf.

Related to Effective wage

  • London Living Wage means the basic hourly wage of £9.75 (before tax, other deductions and any increase for overtime) as may be updated from time to time by the Resolution Foundation, overseen by the Living Wage Commission, or any successor body carrying out the relevant calculation; Material Adverse Effect means the effect of any event or circumstance which is reasonably likely to be materially adverse to the ability of the Grant Recipient to deliver the Approved Bid or a Named Project (as the context requires) on the basis agreed under this Agreement and/or within the time limits (if any) for doing so; Milestone means the Start on Site and/or the Practical Completion stages of a Named Project as agreed by the parties and set out in OPS; Milestone Date means the date agreed by the GLA through OPS by which the relevant Milestone must have been achieved (as the same may be extended by the GLA pursuant to Condition 7.1);

  • Living Wage Employee means any and all employees of the Contractor and all Subcontractors of the Contractor that perform any part of the Work on a property owned by or leased to the City, including all streets, sidewalks and other public rights of way, for at least one consecutive hour, but excluding Students, volunteers and employees of Social Enterprises;

  • Public health emergency means an emergency with respect to COVID–19 declared by a Federal, State, or local authority.

  • Applicable Wages means the basic straight time wages for all hours worked, including:

  • Effective TBD means that the date is to be determined by further Commission action. A date listed as "anticipated effective" may be subject to change. An Advice Letter Supplement is not a new filing, and there is no protest period unless indicated.

  • 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

  • Uniformed service means the performance of duty on a voluntary or involuntary basis in the uniformed service of the United States, including the U.S. Public Health Services, under competent authority and includes active duty, active duty for training, initial activity duty for training, inactive duty training, full-time National Guard duty, and the period for which a person is absent from a position of employment for purposes of an examination to determine the fitness of the person to perform any such duty.

  • Basic health plan means the plan described under chapter

  • Service in the uniformed services means the performance of duty on a voluntary or involuntary basis in a uniformed service under competent authority and includes active duty, active duty for training, initial active duty for training, inactive duty training, full-time national guard duty including state-ordered active duty, and a period for which a person is absent from a position of employment for the purpose of an examination to determine the fitness of the person to perform any such duty.

  • multiple-employer workplace means a workplace where workers of 2 or more employers are working at the same time:

  • Living Wage means the hourly wage established by the Living Wage Certifier from time to time during the Term, which includes: (i) direct wages; and (ii) the value of any non-mandatory benefits such as paid sick leave, employer-paid Medical Services Plan premiums and extended health benefits;

  • Effective Price of Additional Shares of Common Stock shall mean the quotient determined by dividing the total number of Additional Shares of Common Stock issued or sold, or deemed to have been issued or sold by the Company under this Section 4F, into the aggregate consideration received, or deemed to have been received, by the Company for such issue under this Section 4F, for such Additional Shares of Common Stock.

  • Uniformed services means the armed forces, the army national guard, and the air national guard of any state, territory, commonwealth, possession, or district when engaged in active duty for training, inactive duty for training, full-time national guard duty, or state active duty, the commissioned corps of the public health service, the coast guard and any other category of persons designated by the President of the United States in time of war or national emergency.

  • Medically Necessary Leave of Absence means a Leave of Absence by a full-time student Dependent at a postsecondary educational institution that:

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

  • Deportation or forcible transfer of population means forced displacement of the persons concerned by expulsion or other coercive acts from the area in which they are lawfully present, without grounds permitted under international law;

  • Distribution System Code means the code approved by the Board which, among other things, establishes the obligations of the distributor with respect to the services and terms of service to be offered to customers and retailers and provides minimum, technical operating standards of distribution systems;

  • Uniformed personnel means: (a) Law enforcement officers as

  • Effective FTR Holder means:

  • Personal harassment means any improper behaviour by a person employed by the Employer that is directed at and offensive to another person employed by the Employer which the first person knew or ought reasonably to have known would be unwelcome. Personal harassment comprises objectionable conduct, comment, act or display that demeans, belittles or causes personal humiliation or embarrassment to the recipient.

  • Qualifying wages means wages, as defined in section 3121(a) of the Internal Revenue Code, without regard to any wage limitations, adjusted as follows:

  • Active portion means that portion of a facility where treatment, storage, or disposal operations are being or have been conducted after May 19, 1980, and which is not a closed portion. (See also “closed portion” and “inactive portion.”)

  • Permanent full-time employee means a person who is appointed to work the full ordinary hours of work each week (as defined) and who is appointed as such in accordance with section 37(3)(a) of the State Service Act 2000.

  • Active NFFE means any NFFE that meets any of the following criteria:

  • Effective Period has the meaning assigned thereto in Section 2(a).

  • Dependent care assistance program means a benefit plan