Search Results for: COMPENSATION PERIOD

compensation period

compensation period. The time fixed by unemployment or workers’-compensation law during which an unem-ployed or injured worker is entitled to receive compensation. [Cases: Social Security and Public Welfare 728; Workers’ Compensation 836–868. C.J.S. Social Security and Public Welfare § 292; Workmen’s Compensation §§ 545–574, 582.]

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in the course of employment

in the course of employment 在为其雇主服务期间;在僱佣期间 用于劳工赔偿法〔workers’ compensation acts〕中,与事故发生的时间、地点和环境相关,指事故发生于僱佣范围内正在工作的僱员身上。此词语与「在受雇期间」〔during the period of employment〕的意义略有不同。后者泛指受雇的那一段时期,前者则强调从事为僱主服务的工作。 (→arising out of and in the course of the employment; course of employment)

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defined benefit plan

A plan established and maintained by an employer primarily to provide systematically for the payment of definitely determinable benefits to employees over a period of years, usu. for life, after retirement; any pension plan that is not a defined-contribution plan. • Retirement benefits under a defined-benefit plan are generally based on a formula that included

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wage

wage, n. (usu. pl.) Payment for labor or services, usu. based on time worked or quantity produced; specif., com-pensation of an employee based on time worked or output of production. • Wages include every form of remu-neration payable for a given period to an individual for personal services, including salaries, commissions, vaca-tion pay, bonuses, and

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stock option

stock option. 1. An option to buy or sell a specific quantity of stock at a designated price for a specified period regardless of shifts in market value during the period. [Cases: Corporations 116. C.J.S. Corporations §§ 233–240, 242.] 2. An option that allows a corporate employee to buy shares of corporate stock at a

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employer

employer. A person who controls and directs a worker under an express or implied contract of hire and who pays the worker’s salary or wages. Cf. PRINCIPAL(1). [Cases: Master and Servant 1. C.J.S. Apprentices §§ 2, 11; Employer–Employee Relationship §§ 2–3, 6–12.] equal-opportunity employer. An employer who agrees not to discriminate against any job applicant

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