Salary components Clause Samples

Salary components. The employee’s personal salary consists of the following: a) Job-related salary element that shall be determined on the basis of the requirements of the position b) Proficiency bonus based on the employee’s personal performance in his or her duties, and c) Possible company-specific component. With the exception of the proficiency bonus, bonuses and compensations paid on the basis of the collective agreement may not be included in the employee’s personal salary. Employees have the right to know the amounts of each component of their personal pay and the grounds how they are determined, both at the start of the employment relationship and whenever they change.
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Salary components. The salary range is the gross monthly salary, which consists of the following components: (a) Monthly salary (b) Variable Component The gross monthly salary is the monthly salary plus the Variable Component. An example is shown in Schedule VI.
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Salary components. Employees will be paid an annualised salary. Appendix 1 sets out the salary structure for the term of the Agreement. Part-time Employees will receive a pro rata annualised salary based on Appendix 1. Casual Employees will be paid an hourly rate, based on the appropriate salary as set out in Appendix 1, plus a 25% loading instead of the leave entitlements under this Agreement. The overtime rate is shown in Appendix 1. The overtime rate is shown as a single time rate and multiplied by two for normal overtime worked and multiplied by two and a half for public holidays.
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Related to Salary components

  • Salary Compensation As salary compensation for Employee's services hereunder and all the rights granted hereunder by Employee to the Company, the Company shall pay Employee a gross salary of not less than $175,000 during the term of this Agreement. Employee's salary shall be payable in bi-weekly increments in accordance with the Company's payroll practices for salaried employees, upon the condition that Employee fully and faithfully performs Employee's services hereunder in accordance with the terms and conditions of this Agreement. The Company shall deduct and withhold from the compensation payable to Employee hereunder any and all amounts required to be deducted or withheld by the Company under the provisions of any statute, regulation, ordinance, or order and any and all amendments hereinafter enacted requiring the withholding or deducting from compensation payable to employees.

  • Salary Scales ‌ 2.5.1 Effective from 1 January 2024, and subject to the Remuneration provisions in the Terms of Settlement, a 4% increase will apply to all paid and printed rates. The following Allied Divisions shall refer to the applicable schedules for their scales: MIT, UCOL and Otago. 2.5.2 Effective from 1 January 2025, kaimahi will be translated into the following salary scale, which includes the 4% salary increase: Band Step (N/A for UCOL and TOPNZ) Scale Scale 2025 (4%) 40 hours Band Step(N/A for UCOL and TOPNZ Scale 2025 (4%) Scale 2025 (4%)

  • Power Factor Design Criteria Developer shall design the Large Generating Facility to maintain an effective power delivery at demonstrated maximum net capability at the Point of Interconnection at a power factor within the range established by the Connecting Transmission Owner on a comparable basis, until NYISO has established different requirements that apply to all generators in the New York Control Area on a comparable basis. The Developer shall design and maintain the plant auxiliary systems to operate safely throughout the entire real and reactive power design range. The Connecting Transmission Owner shall not unreasonably restrict or condition the reactive power production or absorption of the Large Generating Facility in accordance with Good Utility Practice.