Examples of Gross annual salary in a sentence
Such agreements can stipulate the payment of a fixed amount or a proportion of Gross Annual Salary (RAL) in relation to the duration and scope of the limitation set forth in the agreement.Such limitations vary according to trade sectors (and in any case those sectors in which the Group operates at the time of entering into the agreement) and territorial coverage.
The incentive is determined as a percentage of Gross Annual Salary (RAL), calculated based on the strategic and critical importance of the role, the impact of the role on Company results and the degree of challenge in finding replacement candidates on the market.
The Gross Annual Salary, an input item, is the actual current salary plus social ("fringe") benefits of employees expected to work on the project.
The present reappointment for a further period of 3 years will also be on the same terms and conditions of remuneration as were paid to him earlier, which is as under: Gross Annual Salary (Basic Pay) `32, 00,000 (Rupees Thirty two Lakhs only) CATEGORY “A” House Rent Allowance, Leave Travel Concession, Medical Reimbursement, fees of clubs and personal Accident Insurance as under.
Staff Member(s) involved in the testing/Consultancy/EDP work is allowed for a maximum honorarium of 100% of Gross Annual Salary of the previous financial year.