Labor Burden Clause Samples
POPULAR SAMPLE Copied 3 times
Labor Burden. Indirect costs associated with employees’ compensation. Typical costs associated with the burden include payroll taxes, worker's compensation and health insurance, paid time off, training and travel expenses, vacation and sick leave, pension contributions and other benefits. Labor Burden includes actual costs paid or incurred by the DB for labor costs arising out of taxes, insurance, and benefits that are required either (1) by law or (2) by collective bargaining agreements. Labor Burden shall NOT include profit, general and administrative costs, short- or long-term disability, home and branch office overhead, profit sharing, bonuses, employee stock ownership plans, vehicle allowances, cell phones, computer charges and other costs not directly related to employee costs.
Labor Burden. Allowable labor burden shall be defined as employer's net actual cost of payroll taxes (FICA, Medicare, SUTA, FUTA), net actual cost for employer's cost of union benefits (or other usual and customary fringe benefits (excluding bonuses or other discretionary compensation) if the employees are not union employees); and net actual cost to employer for worker's compensation insurance taking into consideration adjustments for experience modifiers, premium discounts, dividends, rebates, expense constants, assigned risk pool costs and net cost reductions due to policies with deductibles for self- insured losses and assigned risk rebates. Contractor shall reduce its standard payroll tax percentages to properly reflect the effective cost reduction due to the estimated impact of the annual maximum wages subject to payroll taxes.
Labor Burden. For purposes of calculating amounts due to Construction Manager under this Agreement for staffing, the parties agree that Construction Manager’s labor burden for each employee staffing the Project shall be the labor burden approved by the Owner prior to, or upon execution of, this Agreement. For purposes hereof, labor burden means the actual cost of benefits and taxes that Construction Manager must pay or chooses to pay its employees and shall not include any profit, markup or expense unrelated to employee compensation. With respect to benefits Construction Manager chooses to pay, such benefits must be authorized by Owner under Owner’s policy pertaining to labor burden in order to receive reimbursement from Owner.
Labor Burden. Contractor's actual costs for worker’s compensation and liability insurance, payroll taxes, social security and employees’ fringe benefits (including employer paid health insurance) imposed on the basis of payrolls. This burden must reflect the variability of some burdens, ie social security. The burden shall be itemized and include all small tools and miscellaneous supplies. The total labor burden for such small tools shall not exceed two percent (2%) of the Direct Labor cost.
Labor Burden. For purposes of calculating amounts due to Construction Manager under this Agreement for Staffing, the Parties agree that Construction Manager’s labor burden for each employee staffing the Project shall be negotiated with Owner, after Owner’s review of an itemized list detailing each component of Construction Manager’s labor burden. For purposes hereof, “labor burden” means the actual cost of benefits and taxes that Construction Manager must pay its employees, as evidenced by certified payroll. Labor Burden shall not include any profit, markup, bonus, or expenses unrelated to the Project, as determined by Owner.
Labor Burden. Labor Burden is defined as a fixed percentage of the Construction Manager’s direct labor costs, is not subject to audit, and shall be set forth in the Preconstruction Services Amendment, Exhibit “A” and the GMP Amendment, Exhibit “B”. Labor Burden shall not include any calculations for overhead and profit, shall exclude home office and support personnel not providing labor directly to the Project; and for employees only working on-site part-time, shall include only their pro rata portion of total salary directly connected to Work on the Project. The fixed Labor Burden rate shall not be subject to adjustment unless approved in writing by the Owner’s Project Representative.
Labor Burden. For all labor costs set forth on Schedule A and Exhibits 1 and 2 thereto (to be submitted under seal as “Confidential”), which rates constitute the gross pay hourly/salary payments to the individual concerned, ▇▇▇▇▇ Builders and HAWC will add a Labor Burden cost which represents the indirect cost of such labor, such as workers compensation insurance, employee benefits, employer paid payroll taxes, etc. Such Labor Burden shall be calculated in accordance with Exhibit 1 to Schedule A and shall be calculated on or before April 1st of the following year as of December 31st of the previous year and shall apply to the following 12 months beginning April
1. The Labor Burden for 2020 is a Forty-Eight percent (48%) of the direct labor rate paid to each employee of ▇▇▇▇▇ Builders and HAWC, respectively.
Labor Burden. For all labor costs set forth on Schedule A, which rates constitute the gross pay hourly/salary payments to the individual concerned, ▇▇▇▇▇ Builders and ▇▇▇▇▇ Equipment will add a “Labor Burden” cost which shall represent the indirect cost of such labor, such as workers compensation insurance, employee benefits, employer paid payroll taxes, etc. Such “Labor Burden” shall be calculated in accordance with Exhibit 1 to Schedule A and shall be calculated on or before April 1st of the following year as of December 31st of the previous year and shall apply to the following 12 months beginning April 1. The Labor Burden for 2020 is Seventy Four percent (74%) of the direct labor rate paid to each employee of ▇▇▇▇▇ Builders.