Hours Earned definition

Hours Earned means all regular hours for which the employee receives wages or salary, and includes, without limiting the generality of the foregoing, vacation pay, and hours for which such employee is absent for approved union business and any other approved leave. Overtime and statutory holiday pay (not worked) are excluded.
Sample 1
Hours Earned means all regular hours for which the employee receives wages or salary, and includes, without limiting the generality of the foregoing, vacation pay, and hours for which such employee is absent for approved union business and any other approved leave. Overtime and statutory holiday pay (not worked) are excluded. Contributions to the Plan shall be made for employees who are on sick benefits, workers compensation benefits, weekly indemnity or other form of salary continuance, at a rate of forty (40) hours per week, for each week the employee is in receipt of such benefits. Prorated payments shall be made where an employee is in receipt of such benefits for less than one (1) week. If an employee is laid-off, contributions to the Plan shall continue at a rate of forty (40) hours per week to the end of the month in which the layoff occurs. The Employer shall ensure that the contributions are received by the Plan no later than the day of the month, preceding the month in which benefits are to be provided to employees. In the event that the total amount of contributions payable are not received by the Plan by the date set forth in above, the Employer shall be solely responsible for any and all benefits which the Plan would have provided to employees had the contributions been received on time. In addition, the Employer shall also be required to pay the outstanding contributions to the Plan. The Employer agrees to provide the Plan, on a timely basis, all information which the Administrator may reasonably require in order to properly record and process benefits. For further specificity, the information required for each employee is as follows: Name Address Date of Birth Date of Hire Social Insurance Number Hours Earned Amount of Remittance per employee Termination Date Retirement Date Date of Death Gender The Employer agrees that an employee who may be appointed by the Union to be a Trustee of the Plan shall be entitled to attend up to four meetings of the Plan ,in a calendar year during work hours and shall receive pay and be credited with seniority notwithstanding absence from work for that purpose.
Sample 1
Hours Earned means all hours for which an employee receives wages or salary, and includes, without limited the generality of the foregoing, vacation pay, holiday pay,
Sample 1

Examples of Hours Earned in a sentence

  • Vacation accrual shall be credited as follows for full-time employees: Length of University Service Hours Earned per 80 Hour Pay Period Annual Amount per 2080 hours Less than 6 months None None 6 months but less than 7 years 3.1 hours 80 hours 7 years but less than 13 years 4.6 hours 120 hours 13 years but less than 22 years 6.2 hours 160 hours 22 years or more 7.7 hours 200 hours Vacation will be earned on a prorated basis for part-time employees.

  • Employees shall accrue at the following rate: Hours Worked/Week Annual Cap (for Carry-Over) Calculation for Vacation Hours Earned 37-40 Hours/Week 40 Hours .01924 35-36 Hours/Week 36 Hours .01924 31-34 Hours/Week 33 Hours .01924 29-30 Hours/Week 30 Hours .01924 25-28 Hours/Week 27 Hours .01924 21-24 Hours/Week 24 Hours .01924 20 Hours/Week 20 Hours .01924 Employees shall accrue, but not be able to use, vacation during their initial probationary period.

  • Beginning on and retroactive to the pay period including July 1, 2016 for employees hired before October 1, 2016, the following schedule shall apply: Years ofContinuous Service Hours Earned Per Hours Paid Max Hours Per Year Max Hours Carryover 1st thru 10th .0577 120 240 11th thru 15th .0770 160 240 16th and over .0962 200 240 In exchange for maintaining Association Leave the following schedule shall apply.

  • Years ofContinuous Service Hours Earned Per Hours Paid Max Hours Per Year Max Hours Carryover 1st thru 2nd .0385 00 000 0xx thru 5th .0481 100 200 6th thru 10th .0577 120 240 11th thru 15th .0769 160 240 16th thru 20th .0865 180 240 21st and over .0962 200 240 Only regular hours paid shall effect annual leave accrual.

  • Sick Leave Table for Non-Exempt Employees Hours in Pay Status Per Pay Period Hours Earned Per Pay Period 8-15 0.4 16-23 0.8 24-31 1.2 32-39 1.6 40-47 2.0 48-55 2.4 56-63 2.8 64-71 3.2 72-79 3.6 80- 3.7 Non-exempt employees shall use sick leave only in increments of a quarter of an hour (.25).

  • Regular full-time Employees shall earn vacation on the following basis: Years of Service Hours Earned Per Year Hours Earned Per Pay Period 1 thru 3 96.20 3.70 4 thru 5 120.12 4.62 6 thru 10 144.04 5.54 11 thru l5 167.96 6.46 16 thru 20 204.10 7.85 2l thru 24 216.06 8.31 25 and over 228.02 8.77 Part time Employees shall receive pro-rated vacation hours based upon the above schedule and the number of hours they work.

  • Addendum B Classified Staff Clock Hours Earned Schedule for Salary Advancement Submit to the Instructional Services Office Rev.

  • Vacation accrual shall be credited as follows for full-time employees: Length of University Service Hours Earned per 80 Hour Pay Period Annual Amount per 2080 hours Less than 6 months None None 6 months but less than 7 years 3.1 hours 80 hours 7 years but less than 13 4.6 hours 120 hours 13 years but less than 22 6.2 hours 160 hours 22 years or more 7.7 hours 200 hours Vacation will be earned on a prorated basis for part-time employees.

  • Full-time employees shall be granted vacation leaves with pay at regular rate as follows: Length of State Service Accrual Rate Hours Earned Per 80 Hours in Active Pay Status Per Pay Period Less than 4 years 3.1 hours 4 years or more 4.6 hours 9 years or more 6.2 hours 14 years or more 6.9 hours 19 years or more 7.7 hours 24 years or more 9.2 hours Employees may use their accrued leave at the completion of their probationary period.

  • Vacation Hours Earned Annual Years of Employment By Tour of Duty Hours Earned 1 year through 6 years 3.08 Hours 80 Hours 7 years through 12 years 4.61 Hours 120 Hours 13 years through 20 years 6.15 Hours 160 Hours 21 years and more 7.70 Hours 200 Hours 3 The exact timing of vacations will be subject to approval of Department Heads in order 4 that sufficient personnel will be on hand at all times for departmental duties.


More Definitions of Hours Earned

Hours Earned means all hours for which an employee receives wages or salary, and includes, without limited the generality of the foregoing, vacation pay, holiday pay, and hours for which such employee is absent for approved union business and any other approved leave.
Sample 1
Hours Earned with respect to funds contained in this Agreement shall be interpreted to mean that when overtime is applicable, these contributions shall be remitted at the applicable overtime rate.
Sample 1
Hours Earned with respect to funds contained in this Agreement shall be interpreted to mean that when overtime is applicable, these contributions shall be remitted at the applicable overtime rate. LETTER OF UNDERSTANDING BETWEEN LOCAL 213 OF THE INTERNATIONAL BROTHER- HOOD OF ELECTRICAL WORKERS AND SIGNED ON BEHALF OF: CONSTRUCTION LABOUR RELATIONS ASSOCIA- TION OF B.C. CONSTRUCTION LABOUR RELATIONS ASSOCIA- TION OF B.C.
Sample 1

Related to Hours Earned

  • 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;

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

  • Hours worked means the time during which an employee is subject to the control of an employer, and includes all the time the employee is suffered or permitted to work, whether or not required to do so.

  • Hours of Service means hours to be credited to an Employee under the following rules:

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

  • 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.

  • Regular hours worked means those hours which the court is regularly scheduled to work during any given work week. Depending on the particular court, these hours may vary from court to court within the county but remain the same for each work week.

  • Weekly Earnings means your gross weekly 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.

  • 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.

  • 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.

  • STIPULATED HOURS OF SERVICE PER DAY means hours of duty per day, normal hours/timings of duty whereof shall be determined by the Company's Engineer for which fixed charge shall be payable.

  • Computation Period means each period of four consecutive Fiscal Quarters ending on the last day of a Fiscal Quarter.

  • 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.

  • Base Period Income is an amount equal to Executive's "annualized includable compensation" for the "base period" as defined in Sections 280G(d)(1) and (2) of the Code and the regulations adopted thereunder. Generally, Executive's "annualized includable compensation" is the average of Executive's annual taxable income from Company for the "base period," which is the five calendar years prior to the year in which the Change of Control occurs. These concepts are complicated and technical and all of the rules set forth in the applicable regulations apply for purposes of this Agreement.

  • Year of Service means the computation period of twelve (12) consecutive months, herein set forth, during which an Employee has at least 1000 Hours of Service.

  • Credited Service means the member's total period of 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:

  • Net Earned Premium as used herein is defined as gross earned premium of the Company for the classes of business reinsured hereunder, less the earned portion of premiums ceded by the Company for reinsurance which inures to the benefit of this Contract and less dividends paid or accrued.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of Foamex, the net income of Foamex and its Subsidiaries after provision for income taxes for such fiscal period, as determined in accordance with GAAP on a consolidated basis (excluding the Joint Ventures and the China Joint Venture) and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain (or loss) arising from any write-up (or write-down) in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by Foamex or any of its Subsidiaries in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person (other than Foamex Canada and the Mexican Subsidiaries and their respective Subsidiaries) in which Foamex or any of its Subsidiaries has an ownership interest unless (and only to the extent) such earnings shall actually have been received by Foamex or any of its Domestic Subsidiaries in the form of cash distributions; (e) earnings of any Person to which assets of Foamex or any of its Subsidiaries shall have been sold, transferred or disposed of, or into which Foamex or any of its Subsidiaries shall have been merged, or which has been a party with Foamex or any of its Subsidiaries to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain or loss arising from the acquisition of debt or equity securities of Foamex or any of its Subsidiaries or from cancellation or forgiveness of Debt; and (g) gain or loss arising from extraordinary items, as determined in accordance with GAAP.

  • Actual Deferral Percentage means, for a specified group of Participants for a Plan Year, the average of the ratios (calculated separately for each Participant in the group) of (1) the amount of Employer contributions actually paid over to the Trust on behalf of the Participant for the Plan Year to (2) the Participant's Earnings for the Plan Year (or, provided that the Employer applies this method to all Employees for a Plan Year, the Participant's Earnings for that portion of the Plan Year during which he was eligible to participate in the Plan). Employer contributions on behalf of any Participant shall include: (i) his Elective Deferrals, including Excess Elective Deferrals of Highly Compensated Employees, but excluding (A) Excess Elective Deferrals of Non-Highly Compensated Employees that arise solely from Elective Deferrals made under the Plan or another plan maintained by an Affiliated Employer, and (B) Elective Deferrals that are taken into account in the Average Contribution Percentage test described in Section 5.10 (provided the ADP test is satisfied both with and without exclusion of these Elective Deferrals), and excluding Elective Deferrals returned to a Participant to reduce an Excess Amount as defined in Section 6.5(f); and (ii) if the Employer has elected to make Qualified Nonelective Contributions, such amount of Qualified Nonelective Contributions, if any, as shall be necessary to enable the Plan to satisfy the ADP test and not used to satisfy the ACP test; and (iii) if the Employer has elected to make Qualified Matching Contributions, such amount of Qualified Matching Contributions, if any, as shall be necessary to enable the Plan to satisfy the ADP test and not used to satisfy the ACP test. For purposes of computing Actual Deferral Percentages, an Employee who would be a Participant but for his failure to make Elective Deferrals shall be treated as a Participant on whose behalf no Elective Deferrals are made.

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

  • Final Average Earnings means (a) divided by (b) as follows:

  • EBITA means for any period, operating profit (loss) plus (i) amortization, including goodwill impairment, (ii) amortization of non-cash distribution and marketing expense and non-cash compensation expense, (iii) restructuring charges, (iv) non-cash write-downs of assets or goodwill, (v) charges relating to disposal of lines of business, (vi) litigation settlement amounts and (vii) costs incurred for proposed and completed acquisitions.

  • 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.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.