Turnover Rate. There was no turnover rate assumption.
Turnover Rate.
5.11.1 The Supplier will measure and report to VITA the turnover rate of Supplier Personnel. The Supplier shall:
a) Use commercially reasonable efforts to keep the turnover rate of Supplier Personnel to a level comparable to or better than the industry average for large, well-managed suppliers performing services similar to the Services, and in no event higher than fifteen percent (15%), as measured on a rolling twelve (12) month basis.
b) Provide VITA with a written report of the turnover (i) on a monthly basis until the end of the first twelve (12) months following the Commencement Date, (ii) on a quarterly basis during the following twelve (12) month period, and (iii) on an annual basis for the remainder of the Term, provided that:
i) VITA may require the Supplier to continue providing a monthly or quarterly written report of the turnover, if VITA determines that a more frequent review is warranted;
ii) if the turnover rate of Supplier Personnel exceeds the levels described above, or if VITA believes that the turnover rate is at a level that presents operational or other risks to VITA or other Customers, and so notifies the Supplier, the Supplier shall:
1) provide VITA with data concerning Supplier’s turnover rate (including for Supplier Personnel) within ten (10) Business Days after VITA’s request,
2) promptly thereafter meet with VITA to discuss the turnover rate(s) and issues associated with it, and
3) to the extent that such turnover poses an operational risk to VITA (as determined by VITA in its discretion), within ten (10) Business Days after such meeting submit a written proposal to VITA for reducing the turnover rate of Supplier Personnel for VITA’s review and approval, and thereafter implement and complete the agreed upon program for reducing the turnover rate. TERM
Turnover Rate. Provider will annually measure and report to Talcott the turnover rate of Provider employees and subcontractors working on Talcott account under each SOW and Work Order. Provider will use commercially reasonable efforts to maintain a turnover rate for Provider employees working on Talcott account equal to or less than industry standard levels for services similar to the applicable Services as published annually by NASSCOM in India and IBPAP in Philippines.
Turnover Rate. The term “Turnover Rate” means the percentage equal to the number of Participants who had an Employer-Initiated Termination of Employment during the Applicable Period, divided by the sum of (A) all Participants at the start of the Applicable Period, plus (B) the Employees who became Participants during the Applicable Period. All Participants are taken into account in calculating the Turnover Rate, including Vested Participants and non Vested Participants.
Turnover Rate. Average annual turnover for full-time employees in the prior calendar year, used to measure job security. The Panel may impose a “turnover penalty” when an employer has a Turnover Rate that exceeds 20%. With this penalty, the Panel may withhold 25% of payment earned for each trainee. Not all separations from employment are included in calculating turnover (i.e., retirements are not included). [Section 4417.]
Turnover Rate. Not all teachers retiring or otherwise terminating employment with the School Corporation will satisfy the applicable vesting requirements. Accordingly, the present value calculations include a table of assumed rates for termination of employment prior to full vesting. The charts used for the determination of Mortality rates and Turnover rates shall be those used by Xxxxxx.
Turnover Rate. Supplier will annually measure and report to Customer the turnover rate of dedicated Supplier employees and subcontractors working on Customer’s account (i.e., providing Services on a full time or substantially full time basis). Supplier will use commercially reasonable efforts to maintain a turnover rate for such Supplier employees and subcontractors of less than twenty-five percent (25%) per Contract Year.
Turnover Rate. Provider will annually measure and report to Xxxxxxx the turnover rate of Provider employees and subcontractors working on Xxxxxxx account under each SOW and Work Order. Provider will use commercially reasonable efforts to maintain a turnover rate for Provider employees working on Xxxxxxx account equal to or less than industry standard levels for services similar to the applicable Services as published annually by NASSCOM in India and IBPAP in Philippines.
Turnover Rate. The Contractor shall keep a record of all positions vacated by Contractor employees. Turnover is defined as any instance in which the originally-staffed individual permanently leaves the position. In the case of turnover, the Contractor shall meet the following Performance Standards:
Turnover Rate. Xxxxxxxx Xxxxx and EDS both agree that it is in their best interests to keep the turnover rate of the Account Team to a reasonably low level. Accordingly, if Xxxxxxxx Xxxxx believes that EDS ‘s turnover rate may be excessive and so notifies EDS, EDS shall provide data concerning its turnover rate, meet with Xxxxxxxx Xxxxx to discuss the reasons for, and impact of, the turnover rate and otherwise use reasonable efforts to keep such turnover rate to a reasonably low level. If appropriate, EDS shall submit to Xxxxxxxx Xxxxx its proposals for reducing the turnover rate, and the Parties shall mutually agree on a program to bring the turnover rate down to an acceptable level. In any event, notwithstanding transfer or turnover of personnel, EDS shall at all times during the Term remain obligated to perform the Services without degradation and in accordance with this Agreement.
