Back pay is a payment due for work done prior to the current pay period. Back pay may be the result of a missed payment or a payment that was intentionally not made, or back pay may be owed due to a backdated pay increase.
Definitions of ’back pay’ and meaning of ’back pay’ are from the book publication, QFINANCE - The Ultimate Resource, © 2009 Bloomsbury Information Ltd.
Back pay: pay that is owed to an employee for work carried out before the current payment period and is either overdue or results from a backdated pay increase.
Back pay paid to an employee or former employee by an employer in a settlement related to a claim under a workers' right statute or civil rights statute for a period during which no services were performed by the employee is also wages for federal ...
back pay The salaries and wages from a prior pay period. back taxes Any outstanding taxes not paid when due. back testing The process of optimizing a trading strategy using historical data and then...
The act also protects whistle-blowers from wrongful dismissal, allowing for reinstatement with seniority, double back pay, interest on back pay, compensation for discriminatory treatment, and reasonable legal fees.
Like back pay, front pay essentially is the equivalence of lost earnings. Neither Back Pay or Front Pay is subject to the Civil Rights Act of 1991 $300,000 liability cap. Each can be awarded over and above any compensatory or punitive damages.
Be aware also that a cash back payment could, potentially, have implications for capital gains tax purposes.
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provision in Title VII of the 1964 Civil Rights Act according to which companies can be enjoined under Section 203(g) to reinstate or hire employees with back pay, where appropriate, ...
The power of a Chapter 13 really shines in stopping a foreclosure, while allowing the debtor to get caught up with back payments and negotiate a payment plan with the bankruptcy court.
compensation for patent or copyright infringement
compensation for breach of contract
compensation for interference with business operations
back pay and damages for emotional distress in a Civil Rights Act claim.
The consequence is not simply a need to back pay the difference between non-smoker and smoker rates but in reality the possibility of denial of death claim.
 See also: Saving, Expense, Life expectancy, By-product, Banks
  
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