Agreement For Salary Advance In Alameda
Category:
State:
Multi-State
County:
Alameda
Control #:
US-00417BG
Format:
Word;
Rich Text
Instant download
Description
Deferred compensation is an arrangement in which a portion of an employee's income is paid out at a date after which the income is actually earned. A Deferred Compensation Agreement is a contractual agreement in which an employee (or independent contractor) agrees to be paid in a future year for services rendered. Deferred compensation payments generally commence upon termination of employment (e.g., retirement) or death or disability before retirement. These agreements are often geared toward anticipated retirement in order to provide cash payments to the retiree and to defer taxation to a year when the recipient is in a lower bracket. Although the employer's contractual obligation to pay the deferred compensation is typically unsecured, the obligation still constitutes a contractual promise.
Free preview
Form popularity
More info
If compensation is based on Time and Materials, ALAMEDA CTC shall pay the CONSULTANT the amount of the CONSULTANT's Fixed. Cash Flow Provide estimates of available cash balances, expenditures and revenues to be received for the month for which the advance is requested.Manager shall regulate the accelerated advancement through the salary range steps. An employee accruing vacation at a rate of 20 working days per year may receive equivalent cash payment for up to 10 vacation days per fiscal year. GA benefits are considered a loan to the individual(s) receiving aid. Application For Employment. Employees in the class will provide program planning, technical assistance, review and evaluation functions to direct client service delivery programs.