Common use of Salary and Bonus Limitations Clause in Contracts

Salary and Bonus Limitations. ‌ Recipients and subrecipients shall not use funds to pay the salary and bonuses of an individual, either as direct costs or as indirect costs, at a rate in excess of Executive Level II. The Executive Level II salary may change yearly and is located on the XXX.xxx website (xxxx://xxx.xxx.xxx/policy-data-oversight/pay-leave/salaries-wages/2016/executive-senior- level ). The salary and bonus limitation does not apply to contractors (vendors) providing goods and services as defined in 2 CFR 200.330. Where States are recipients of such funds, States may establish a lower limit for salaries and bonuses of those receiving salaries and bonuses from subrecipients, taking into account factors including the relative cost-of-living in the State, the compensation levels for comparable State or local government employees, and the size of the organizations that administer Federal programs involved including Employment and Training Administration programs. See Training and Employment Guidance Letter No. 5-06 for further clarification, available at xxxx://xxx.xxxxxx.xxx/directives/corr_doc.cfm?DOCN=2262

Salary and Bonus Limitations. ‌ Recipients and subrecipients shall not use funds to pay the salary and bonuses of an individual, either as direct costs or as indirect costs, at a rate in excess of Executive Level II. The Executive Level II salary may change yearly and is located on the XXX.xxx website (xxxx://xxx.xxx.xxx/policy-data-oversight/pay-leave/salaries-wages/2016/executive-senior- level ). The salary and bonus limitation does not apply to contractors (vendors) providing goods and services as defined in 2 CFR 200.330. Where States are recipients of such funds, States may establish a lower limit for salaries and bonuses of those receiving salaries and bonuses from subrecipients, taking into account factors including the relative cost-of-living in the State, the compensation levels for comparable State or local government employees, and the size of the organizations that administer Federal programs involved including Employment and Training Administration programs. See Training and Employment Guidance Letter No. 5-06 for further clarification, available at xxxx://xxx.xxxxxx.xxx/directives/corr_doc.cfm?DOCN=2262.

Salary and Bonus Limitations. ‌ Recipients and subrecipients shall not use funds to pay the salary and bonuses of an individual, either as direct costs or as indirect costs, at a rate in excess of Executive Level II. The Executive Level II salary may change yearly and is located on the XXX.xxx website (xxxx://xxx.xxx.xxx/policy-data-oversight/pay-leave/salaries-wages/2016/executive-senior- xxxx://xxx.xxx.xxx/policy-data-oversight/pay-leave/salaries-wages/2019/executive-senior- level ). The salary and bonus limitation does not apply to contractors (vendors) providing goods and services as defined in 2 CFR 200.330. Where States are recipients of such funds, States may establish a lower limit for salaries and bonuses of those receiving salaries and bonuses from subrecipients, taking into account factors including the relative cost-of-living in the State, the compensation levels for comparable State or local government employees, and the size of the organizations that administer Federal programs involved including Employment and Training Administration programs. See Training and Employment Guidance Letter No. 5-06 for further clarification, available at xxxx://xxx.xxxxxx.xxx/directives/corr_doc.cfm?DOCN=2262.