week's pay

week's pay
The amount of pay that an employee is due each week for the purposes of many individual statutory rights, as defined in sections 221-229 of the ERA 1996. For some of these individual statutory rights, a week's pay is subject to a statutory limit (for example, a week's pay is the basis for calculation of the statutory redundancy payment and the basic award).
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • pay — ▪ I. pay pay 1 [peɪ] noun [uncountable] the money someone receives for the job they do: • She got the job, but it meant a big pay cut. • an increase in hourly pay • All I want is a full day s work for a full day s pay …   Financial and business terms

  • pay up — you have one more week to pay up Syn: make payment, settle up, pay (in full); informal cough up …   Thesaurus of popular words

  • pay — pay1 [pā] vt. paid or [Obs.] (except in phrase PAY OUT, sense 2)Obs. payed, paying [ME paien, to pay, satisfy < OFr paier < L pacare, to pacify < pax,PEACE] 1. to give to (a person) what is due, as for goods received, services rendered,… …   English World dictionary

  • pay packet — ˈpay ˌpacket also ˈpay ˌenvelope , ˈwage ˌpacket noun [countable] 1. an envelope containing a worker s pay and a pay slip: • Workers earning £150 a week or more will receive just over £5 extra in their weekly pay packets. 2 …   Financial and business terms

  • pay spine — ˈpay spine noun [countable] HUMAN RESOURCES a scale showing the rates of pay for employees working at each level of an organization. It also shows the increases in pay an employee gets when they spend a certain length of time at a particular… …   Financial and business terms

  • pay packet — pay packets 1) N COUNT: oft poss N Your pay packet is the envelope containing your wages, which your employer gives you at the end of every week. [BRIT] (in AM, use pay envelope) 2) N COUNT: oft poss N You can refer to someone s wages or salary… …   English dictionary

  • pay something back to somebody — ˌpay sb ˈback (sth) | ˌpay sthˈback (to sb) derived to return money that you borrowed from sb Syn: ↑repay • I ll pay you back next week. • You can pay back the loan over a per …   Useful english dictionary

  • pay somebody back something — ˌpay sb ˈback (sth) | ˌpay sthˈback (to sb) derived to return money that you borrowed from sb Syn: ↑repay • I ll pay you back next week. • You can pay back the loan over a per …   Useful english dictionary

  • pay period — OBED has an entry for payphone donsn t seem especially businessy so not added MS pay period ➔ period * * * pay period UK US noun [C] ► HR the amount of time that an employee works before being paid, for example a week or a month: »The length of… …   Financial and business terms

  • pay its way — ► if a business pays its way, it makes at least the same amount of money as it costs to operate: »When Swan Lake reached the West End, there had to be eight performances a week for the production to pay its way. Main Entry: ↑pay …   Financial and business terms

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