Examples of Employment Costs in a sentence
The Parties agree that all Employment Costs in respect of the Re-Transferring Personnel will be allocated as follows: the Recipient will be responsible for any Employment Costs relating to the period up to the Further Transfer Date; MOPAC or (where appointed) any Successful new Recipient will be responsible for the Employment Costs relating to the period on and after the Further Transfer Date, and will if necessary be apportioned on a time basis (regardless of when such sums fall to be paid).
The percentage by which such indexes for the more recent full calendar year shall have increased or decreased over or below indexes for the full calendar year immediately prior shall be the percentage used to calculate adjustments to Compensation Earnable with the following exceptions: banking shall not be applied nor shall the sum of accumulated CPI and Employment Costs adjustments plus Compensation Earnable exceed the Executive Pay Range approved by the City Council at the time of retirement.
During the Term, Owner shall pay to Manager in equal monthly installments, the Employment Costs for all employees at the Facility (collectively, the “Payroll Compensation”).
During the Term, Owner shall pay to Manager in equal monthly installments in accordance with the Operating Budget, the Employment Costs for all employees at the Facility (collectively, the “Payroll Compensation”).
If a Deferred Vested Member held more than one position during his or her highest three consecutive years, the Compensation Earnable in each position shall be allocated on a time held, pro-rata basis and the combined adjusted Compensation Earnable, including adjustments due to CPI and Employment Costs for wage inflation, shall be used in the Member’s final compensation for the calculation of the retirement benefit.