Employment Costs definition

Employment Costs means all salaries, wages, commissions, bonuses, statutory contributions, tax, National Insurance contributions, holiday pay, employment benefit, pensions contributions, redundancy costs and all other emoluments in respect of Transferring Personnel;

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Employment Costs means the cost of employing the relevant employee(s) including but not limited to salary, wages, contractual and non-contractual remuneration and/or benefits, allowances, statutory sick pay, statutory maternity pay, holiday pay, commissions, bonuses or incentives (discretionary or otherwise), contributions with respect to net income, pension contributions, payments made under statute or regulations, and the cost of supplying the benefits of employment.

Employment Costs means all costs, expenses, charges and contributions arising or accrued in connection with the contract of employment or its termination including, without limitation, all remuneration, emoluments, salaries, wages, bonus, commission, benefit costs, holiday pay, notice pay, redundancy pay, taxation and national insurance contributions and contributions to retirement benefit schemes;

Examples of Employment Costs in a sentence

• Lessee shall have the right to review Lessor’s data and calculations related to its calculation of the Actual Employment Costs and any Shortfall Amount or Excess Amount and, to the extent either Lessor or Lessee disputes its obligation to pay any Shortfall Amount or Excess Amount, as the case may be, Lessor and Lessee shall act in good faith to resolve such dispute and adjust the Total Lease Fee paid by Lessee hereunder.

• If during the Term, Lessor identifies that any Monthly Fee paid by Lessee was in excess of or less than Lessor’s Actual Employment Costs during the corresponding monthly payroll period to which such Monthly Fee related, Lessor shall describe such underpayment or overpayment on the next invoice provided by Lessor to Lessee and the Monthly Fee to which such invoice relates shall be increased or decreased to reflect any such underpayment or overpayment as appropriate.

• Alternatively, if the Total Lease Fee exceeds Lessor’s Actual Employment Costs, Lessor shall pay Lessee the amount by which the Total Lease Fee exceeds the Actual Employment Costs (the “Excess Amount”) by wire transfer in immediately available funds into an account controlled by Lessee within twelve (12) days after providing the Actual Employment Costs Notice.

• For purposes of this Agreement, Actual Employment Costs may, at the discretion of Lessor in accordance with Section 7(c)(i), include wages, Benefits and other ancillary employment-related costs, including, without limitation, costs of insurance coverage related to the Employees and all Taxes related to or associated with the employment of the Employees in any jurisdiction.

• If Lessor’s Actual Employment Costs exceed the Total Lease Fee, Lessee shall pay Lessor the amount by which the Actual Employment Costs exceed the Total Lease Fee (the “Shortfall Amount”) by wire transfer in immediately available funds into an account controlled by Lessor within twelve (12) days after receiving the Actual Employment Costs Notice.

More Definitions of Employment Costs

Employment Costs means: all taxes, national insurance and other costs, compensation and benefits of any personnel of the Service Provider or any of its subcontractors, including salary, health, accident and workers' compensation benefits, pensions and contributions that an employer is required to pay with respect to the employment of such personnel;

Employment Costs means, with respect to any employee of Biomatrix, for any period, the aggregate amount of *

Employment Costs means all routine and periodic costs payable to the relevant employee or as a result of his or her employment, including wages, salaries, bonuses, commission, shift allowances, overtime pay, vacation pay, sick pay, maternity, paternity, adoption and shared parental pay, the reimbursement of expenses, premiums in respect of insured employee benefits, employer contributions to any pension scheme and any Taxes payable by the employer in respect of any such amounts; provided that “Employment Costs” shall not include any Severance Costs.

Employment Costs means a sum equivalent to the aggregate of:

Employment Costs means costs and expenses described in Section 4.02(b)(i) and 4.02(d)(i).

Employment Costs means personnel costs associated with the assignment of the SRO to the Program by the County, which shall include fifty percent (50%) of salary, benefits, required employer contributions to the SRO’s retirement plan, uniform, equipment, and vehicle expenses.

Employment Costs means costs agreed by the ICB and associated with the employment of Personal Assistants by the Patient or their Representative for the purpose of this Agreement, including wages, tax, national insurance, DBS checks, training, payroll, insurance and redundancy but excluding sums payable as a consequence of: