BNET Business Dictionary

Business Definition for: Annual Hours

  • a flexible working hours practice in which working hours are averaged over a year. Employees are contracted to work a given number of hours per year rather than the traditional number of hours per week. Earnings are determined on a similar basis, but usually a fixed weekly or monthly salary is paid regardless of the number of hours worked. Hours are worked when demand dictates and therefore the need for overtime diminishes. Annual hours systems usually cover manual shiftworkers, rather than other parts of the workforce.

Additional Resources

Vice-chancellor's 30 hours leave in 19 years' service.
Byline: Harriet Alexander May 16, 2007 (The Sydney Morning Herald - ABIX via COMTEX) -- Macquarie University records show former vice-chancellor Di Yerbury took only 30.5 hours of leave in 19 years. New South Wales Auditor-General, Peter Achterstraat, noted in his annual universities report...
Tags: Macquarie University, MARKETING, professor
Research articles 2007-05-16
Comcast cared--30,000 ways: MSO's national volunteer effort helps many and impresses local politicos.(Comcast Corp.'s fourth annual national "Comcast Cares Day")
National volunteers: 30,000. Total man-hours: 180,000. Positive impressions on local community leaders: incalculable. Volunteers who took part in Comcast Corp.'s fourth annual national "Comcast Cares Day" on Saturday, Oct. 2, built National volunteers: 30,000. Total man-hours: 180,000....
Tags: Cohen, Comcast Corp.
Research articles 2004-10-11
Breeders' Cup to air 9 hours of live coverage
NEW YORK AP -- The Breeders' Cup will air nine hours of live coverage this year, including 2 1/2 hours on ABC for the first time. The 25th annual event, to be held Oct. 24-25 at Santa Anita in Arcadia, Calif., will feature 14 races over two days,...
Tags: ABC Inc., Cable, ESPN, NETWORKING, TELECOMMUNICATIONS
Research articles 2008-06-03
Eatough Dominates 24 Hours of Moab
Trek VW's endurance-racing juggernaut Chris Eatough dominated this year's 13th annual 24 Hours of Moab solo event, racing his Trek Top Fuel to another impressive victory. Completing 14 laps in less than 22 hours, Eatough bested 2nd place Travis Macy by nearly two hours. With six world 24-hour solo championships...
Tags: Trek Bicycle Corp.
Research articles 2007-10-15
NBAA annual meeting & convention.
The NBAA 58th annual meeting and convention will be held at the Orlando Orange County Convention Center November 9-11. Here is a preview of some of the maintenance-related events that will be taking place. Registration Hours Orange County Convention Center...
Tags: aircraft, Bombardier Inc., CAREER, FAA, Insurance, Manufacturing, Orange PCS, payment, training
Research articles 2005-10-01
Are Shorter Work Hours Good For The Environment?
There is an important political debate in Europe over whether Europeans would be better off economically if they moved toward a U.S.-style economic model, most importantly in their labor markets. This paper examines the potential environmental effects of such a change. If the countries of "Old Europe" were to adopt...
Tags: Hour, Environment, Europe
White papers 2006-12-01
MAY CO. BUYS AFTER HOURS FORMALWEAR; THE MEN'S WEAR CHAIN WILL OPERATE AS PART OF COMPANY'S DAVID'S BRIDAL DIVISION.(Brief Article)
NEW YORK -- First came the bride, now comes the groom. In yet another step to building the biggest wedding-related business in the nation, May Department Stores Co. brought After Hours Formalwear Inc., the largest tuxedo rental and sales retailer in the ...
Tags: acquisition, FINANCE, Investment, May Department Stores Co., Retail, SALES
Research articles 2001-12-24
On-site industry networks, dances at After-Hours Party
Once again, the on-site industry gathered to mingle and dance the night away at the annual On-Site After Hours Party during the National Restaurant Association Restaurant, Hotel-Motel show. Held at the University of Chicago's Gleacher Center and sponsored by Sweet Street Desserts and J. R. Simplot Co., the After Hours...
Tags: National Restaurant Association, network, Strategy, University of Chicago
Research articles 2001-06-11
OnSite industry meets, greets at annual 'After Hours' event
Now in its fourth year, the OnSite Restaurants After Hours event again provided a welcome respite from the hustle and bustle of the National Restaurant Association's Restaurant, Hotel-Motel Show. Held at the University of Chicago's Gleacher Center and sponsored by Sweet Street Desserts, J. R. Simplot Co. and ACH Foods,...
Tags: Manufacturing, National Restaurant Association, Strategy, University of Chicago
Research articles 2002-06-10
Study Demonstrated AMITIZA(TM) (lubiprostone) Showed Efficacy Within 24 and 48 Hours of Treatment
Results of a secondary analysis of two pivotal studies were presented today at the 71st Annual Meeting of the American College of Gastroenterology ACG, and showed that 60 percent of patients treated with AMITIZATM lubiprostone experienced a spontaneous bowel movement SBM within 24 hours of treatment, and 80 percent experienced...
Tags: Sucampo Pharmaceuticals Inc., Takeda Pharmaceutical Company Ltd.
Research articles 2006-10-23
Stora Enso Annual Report on Form 20-F
HELSINKI, Finland - Stora Enso (NYSE: SEO) today announced that Stora Enso's Annual Report on Form 20-F has been filed with the Securities and Exchange Commission SEC on April 6, 2006 during US business hours. The 20-F will be mailed to all registered ADR holders and participants in Stora Enso's...
Tags: 401(k), Benefits, board, SALES, SEC
Research articles 2006-04-06
Mobridge, S.D., to Host Annual Art Show.
By David Dickey, American News, Aberdeen, S.D. Knight Ridder/Tribune Business News Apr. 4--The 27th annual Mobridge Art Show will be April 20-21 at the Scherr-Howe Arena. Hours for the show are noon to 5 p.m. each day. "We are expecting another good...
Tags: Aberdeen Group Inc., PRODUCTIVITY
Research articles 2002-04-04
Carroll Shelby and Other Racing Legends to Attend Shelby American Collection's 11th Annual Holiday Gala
New Shelby Painting to Be Debuted at Event BOULDER, Colo. -- Carroll Shelby, Bob Bondurant, Phil Remington and other racing heroes will headline the Shelby American Collection's 11th annual celebration at its museum in Boulder on December 1, 2007. The annual holiday party honors the race history of Carroll...
Tags: car, Ford Motor Co., museum, team
Research articles 2007-09-25
UPS Employees Join Hands in Unique Global Volunteer Event; Starting in Atlanta With a Goal of 80,000 Volunteer Hours
ATLANTA -- Over the next 90 days, UPS employees around the globe hope to set a new record -- 80,000 volunteer hours -- giving back to the communities where they live and work. A part of UPS's Neighbor to Neighbor employee volunteer program, the annual Global Volunteer Challenge starts in...
Tags: United Parcel Service of America Inc.
Research articles 2004-10-01
Follow the leader: under CEO Jack Welch, leadership development is priority no. 1 at GE.(25th Annual CEO Survey)(includes related article on management values at General Electric)
00-00-0000 THE PROFESSOR STEPS TO THE front of his class. Working from a well- developed lesson plan, he speaks of the ethic, the responsibility, and the morality of being a leader. For some three and a half hours he teaches everything from style to 00-00-0000...
Tags: General Electric Co., leader, leadership, leadership development, survey
Research articles 1996-11-18
UPS Launches Third Annual Global Volunteer Week; Employees to Donate 100,000 Hours of Service in 45 Countries
ATLANTA -- In neighborhoods and villages across the globe this week, more than 20,000 UPS (NYSE: UPS) employees in 45 countries will donate approximately 100,000 hours of service to their local communities.
Tags: United Parcel Service of America Inc.
Research articles 2005-10-17
Are Your Meetings Costing Too Much Green?; Free Tool from Genesys Conferencing Shows How Companies Can Save Millions of Hours, Billions of Dollars and Billions of Pounds of CO2 Emissions
RESTON, Va. & MONTPELLIER, France -- Even as the world observes today, the 36th annual Earth Day, most companies are unaware that unnecessary face-to-face meetings take not only a financial toll but also an environmental one. However, they have the opportunity to prevent the emission of tons of carbon dioxide...
Tags: carbon dioxide, Genesys Telecommunications Laboratories, tool
Research articles 2006-03-20
Invitrogen Employees Volunteer 6,000 Hours for Their Communities
CARLSBAD, Calif. -- More than 1,500 employees of Invitrogen Corporation (NASDAQ:IVGN - News), a provider of essential life science technologies for research, production and diagnostics, today donated a half day of their time to dozens of projects around the globe as part of the Company's 5th Annual Global Volunteer Day....
Tags: Invitrogen Corp.
Research articles 2008-05-01
Invitrogen Celebrates 20 Years of Making a Difference; Employees Volunteer 7,500 Hours in One Day to Help Communities Worldwide
CARLSBAD, Calif. -- More than 1,500 employees of Invitrogen Corporation (Nasdaq:IVGN) will trade their microscopes and lab coats for tools and work gloves on May 24 to participate in the company's fourth annual Global Volunteer Day. In one 24-hour period, Invitrogen employees are expected to log more than 7,500 volunteer...
Tags: Invitrogen Corp.
Research articles 2007-05-23
Thirty hours of continuing education credits.(news notes)(National Congress on Aviation and Space Education conference)(Brief Article)
THIRTY HOURS OF CONTINUING EDUCATION CREDITS can be obtained by attending the 37th annual National Congress on Aviation and Space Education NCASE, March 24-27, 2004. NCASE is a national standards-based conference and draws educators from throughout the nation each year. The...
Tags: conference, education, FINANCE, Quality, standards, U.S. Congress
Research articles 2003-09-22
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