Gross earning definition

Gross earning as used herein, shall be understood to mean the total earnings realized by an employee from the payment of wage rates for straight time, overtime, vacation pay and statutory holiday pay.
Gross earning as used herein, shall be under- stood to mean the total earnings by an em- ployee from the payment of wage rates for straight time, overtime, vacation pay and statutory holiday pay. Holiday pay will be issued on a cheque from the employee’s regular pay cheque.
Gross earning means in respect of each Calculation Period, all of the revenue generated by the Pool of Funds attributed to the Total

Examples of Gross earning in a sentence

  • Gross earning must not exceed 3 million dollars for the previous calendar year.

  • Employees shall be entitled to an annual vacation with pay, or separation pay in lieu thereof, in accordance with the following table: Years of Service Duration of Vacation in Working Days Payment: % of Gross earning since January 1st Less than 1 year 1.5 days per month (max.

  • Pakistan RailwayTable 2.26: Performance of Pak Railways billion Rupees FY05 FY06 percent change Gross earning 17.6 18 2.4Passengers KM 22.1 25.6 16.2Cargo KM 5.1 5 -2.1 No. of carriages 1.9 1.9 1.6 Source: Pakistan RailwaysPakistan railway has remained a very poor performer in the past facing huge losses due to inefficient management under public sector ownership.

  • Gross earning for last year and two years past, including base pay, overtime, bonuses, and commissions.

  • Gross earning of an employee is the employee cost to the organization.Employer's contribution to PF, FPS and ESI are identifiable with each employee.

  • The monitoring of this risk is done through two main parameters: A limit in GeaR "Gross earning at Risk", limits in volumes of exchange position (Short // Long) and Limits on Greeks (Delta - Gamma - Vega) for currency options.

  • In addition, if the grant contemplates new personnel, the grant should also be reviewed by the Human Resources Director prior to submission to the BOCC to ensure that the classification and compensation of the proposed employee are appropriate and in compliance with the County’s compensation and classification matrix.

  • The facility is repayable on demand and the bank has a right of recourse in the event of non-payment by customers.NOTES TO THE FINANCIAL STATEMENTSFOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2010 24.

  • Gross earning per year, University institution Note: (For the year 2008: Law 3205/2003, Government Gazzette (G.G.) 297 / A '/ 01-01-04, Law 3554/2007, GG80 / A' / 16-4-2007, Income policy of the year 2008 based on a document no.

  • Eligibility For Benefit (2013) Gross earning of $3,962 (in 2013), of which 800 must have beenpaid in one quarter and $1,850 in another quarterMaximum Weekly Benefit Amount (2013): $362 Maximum Benefit Entitlement Period: 26 weeks Tax Rate and Tax Basetax rate-new employers Lesser of state rate or 2.5 percent tax rate applies to the taxable wage base.new employers pay at the assigned rate for at least two calendar years.

Related to Gross earning

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

  • 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;

  • 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.

  • 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.

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

  • 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.

  • 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.

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Earnable compensation means the full rate of the

  • 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.

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • 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.

  • Disposable earnings means that part of the earnings of an

  • 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.