Benefit costs definition
Examples of Benefit costs in a sentence
Fringe Benefit costs such as pay for vacations, holidays, sick leave, employee insurance, and unemployment benefits are allowable to the extent required by law or established organizational policy.
Benefit costs for Local Government paid to direct hired staff are applicable as a cost of Wages within this budget line item.
Benefit costs may be paid by the employee if so desired, provided the carrier permits coverage.
Benefit costs exceeding the amount allocated under Section 1 can include up to $1,666.66 per month salary reduction or a maximum of $20,000 per year.
The costs of Centralized Services shall consist of the actual cost of the services without m▇▇▇-up or profit to Management Company or any Affiliates, but shall include: (a) Employee Benefit costs; (b) cost of equipment used in performing Centralized Services; and (c) overhead costs, reasonably allocated thereto of any office providing Centralized Services.
Benefit costs are defined as 36% of basic pay and substitution pay where applicable.
Benefit costs increased by $25.3 million, or 13.9%, over the prior year and increased as a percent of salaries and wages to 14.9%.
Benefit costs, for the purpose of this Article, shall include among other contractual benefits, Association dues and OMERS Pension contributions.
Benefit costs are defined as thirty-six percent (36%) of basic pay and substitution pay where applicable.
The Union will reimburse the Company for the Company portion of Benefit costs, and the employee shall continue to pay her/his cost of benefits to the Company.