VSE Minimum Salary Clause Samples

VSE Minimum Salary. 30.3.1 A VSE will receive a Minimum yearly Salary as set out in the following table: $70,000 $70,000 $71,820 $73,687 30.3.2 A VSE shall receive the Minimum Salary described in clause 30.3.1 or their actual earnings each fortnight, whichever is the greater. In the event that VSEs actual earnings do not meet the Minimum Salary in any fortnight, that amount will be deducted from actual earnings in the next pay period. 30.3.3 The Company may revise the VSE Minimum Salary subject to the following: (a) In the event that the average earnings of VSE’s are at or near the Minimum Salary, the Company may revise the VSE Minimum Salary for all VSE’s subject to consultation with the Union prior to reducing the Minimum Salary. (b) Where the Minimum Salary has been reduced in two steps by a total of 15% or more of VSE Minimum Salary in a 12 month period the Company will consult with the Union on the need to reduce numbers of VSE’s in accordance with clause 8.18.
View SourceView Similar (4)
VSE Minimum Salary. A VSE Operations will receive a Minimum yearly Salary as set out in the following table:‌
View SourceView Similar (2)
VSE Minimum Salary. A VSE Operations will receive a Minimum yearly Salary as set out in the following table:‌ 18.5.2 A VSE Maintenance will receive a Minimum yearly Salary as set out in the following table:‌ $110,000 $117,700.00 $122,408.00 $127,916.36 18.5.3 A VSE shall receive the Minimum Salary described in clause 18.5 or their actual earnings each fortnight, whichever is the greater. The Company provides VSE’s with a minimum salary on the basis that available work and earnings shall cover the amount paid annually.
View SourceView Similar (2)
VSE Minimum Salary. 25.4.1 A VSE will receive a minimum year salary as set out in the following table. The minimum salary will be increased in accordance with the percentage increase in clause 10 rates as set out below. 25.4.2 A VSE shall receive the minimum salary described in clause 25.4.1 or their actual earnings each fortnight, whichever is the greater. In the event that a VSE’s actual earnings do not meet the guarantee minimum in any fortnight, that amount will be deducted from actual earnings in the next pay period subject to earnings being in excess of the minimum salary.
View Source

Related to VSE Minimum Salary

  • Minimum Salaries 12.1 The minimum base salary for all Bargaining Unit members shall be as follows: 12.2 The minima defined in this Article shall apply to AAUP-represented adjuncts on a pro-rated basis proportional to their percent of full- time.

  • Annual Base Salary During the Term, Executive shall receive a base salary at a rate of $500,000 per annum, which shall be paid in accordance with the customary payroll practices of the Company and shall be pro-rated for partial years of employment. Such annual base salary shall be reviewed (and may be adjusted) from time to time by the Board (such annual base salary, as it may be adjusted from time to time, the “Annual Base Salary”).

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • Base Salary Executive will be paid an annual base salary, during the Term, in the amount set forth in Addendum A, as may be increased or decreased by Employer from time to time (“Base Salary”). The Base Salary shall be payable by Employer in regular installments in accordance with Employer’s general payroll practices (in effect from time to time). All amounts payable to Executive as compensation hereunder shall be subject to all required and customary withholding by Employer.