Common use of Cost of Leave Clause in Contracts

Cost of Leave. The principles of calculating the cost of total days leave per annum as a percentage of basic salary shall normally be as follows: Leave cost as percentage of salary2 = 1 Used under Quality-Based Selection, Selection Based on Qualifications, and Single-Source Selection. It is important to note that leave can be considered a social cost only if the Employer is not charged for the leave taken.

Appears in 1 contract

Samples: Loan Agreement

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Cost of Leave. The principles of calculating the cost of total days leave per annum as a percentage of basic salary shall is normally be calculated as follows: Leave cost as percentage of salary2 salary = 1 Used under Quality-Based SelectionWhere w = weekends, Selection Based on Qualificationsph. = public holidays, v = vacation, and Single-Source Selections = sick leave. It is important to Please note that leave can be considered as a social cost only if the Employer Procuring Entity is not charged for the leave taken.

Appears in 1 contract

Samples: Framework Contract for Provision of Training Services

Cost of Leave. The principles of calculating the cost of total days leave per annum as a percentage of basic salary shall is normally be calculated as follows: Leave cost as percentage of salary2 salary =total days leaves x 100 Where w = 1 Used under Quality-Based Selectionweekends, Selection Based on Qualificationsph = public holidays, v = vacation, and Single-Source Selections = sick leave. It is important to Please note that leave can be considered as a social cost only if the Employer Procuring Entity is not charged for the leave taken.

Appears in 1 contract

Samples: Framework Contract for Consultancy Services

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Cost of Leave. The principles of calculating the cost of total days leave per annum as a percentage of basic salary shall normally be as follows: Leave cost as percentage of salary2 = 1 Used under Quality-Based Selection, Selection Based on Qualifications, and Single-Source Selection. It is important to note that leave can be considered a social cost only if the Employer Client is not charged for the leave taken.

Appears in 1 contract

Samples: Request for Proposals

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