Pay Board

Pay Board

a UK regulatory body that acted to control wages under the government's PRICES AND INCOMES POLICY from 1973 to 1980.
References in periodicals archive ?
He was forced to pay board and lodging every month.
Unlike the Northwest Credit Union Association, however, the Michigan Credit Union League in May dropped its support of a controversial amendment under consideration by its state legislature that would have given state-chartered cooperatives an option to pay board members.
When the issue had been discussed previously, with input from te poari and the membership committee, feedback had been that it was not appropriate to pay board members for attending meetings.
M2 EQUITYBITES-March 10, 2015-Solteq to pay board members partly by shares held by the company as fees
They said the contractors would collect board tax from multinationals while traders would pay board license fee to CDA staff only.
FORMER Assembly presiding officer Lord Dafydd Elis-Thomas, who established an independent pay board for AMs, urged politicians yesterday to stay out of the decision-making process on a proposed PS10,000 a year increase.
Despite this, judges awarded just PS2 damages because, incredibly, the woman in charge of the pay board had told judges she often did not bother to read complicated legal documents.
The Court of Appeal said evidence of Ms Radcliffe's work on the pay board "almost defies belief", saying the woman who was meant to be safeguarding the airport's interests was massively out of her depth.
Also, if a nonprofit health care organization is using some of its resources to pay board members, a portion of those resources will be lost to the community because that compensation will be taxed as income to those board members by federal and state governments.
In reality, the funds weren't available and purportedly were used to pay board members and other Full Tilt owners.
It has become increasingly common for housing association boards and other organisations such as health trusts to pay board members to reflect the time, skills requirements, strategic decision-making and personal commitment sitting on a board requires.
Although small companies have to pay board members' out-of-pocket travel expenses, it's not necessary for them to pay large cash retainers to directors.