Payroll Cost definition

Payroll Cost means the actual cost of any person employed by the Consultant or the Consultant's Sub- Consultants as a staff member, including principals employed as staff members, and includes an amount for salary, statutory holidays, vacations with pay, unemployment insurance premiums and worker's compensation contributions where applicable, pension plan contributions, sick time allowance, medical/dental insurance premiums, and such other employee benefits as may be approved by the Departmental Representative;
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Payroll Cost means all vouchable costs, including basic pay, overtime, allowances, employer taxes but, excluding pension costs, incurred by the Local Authority in compensating the Local Authority Water Services Staff in accordance with their employment contracts and the Law;
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Payroll Cost means the actual cost of any person
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Examples of Payroll Cost in a sentence

  • Payroll Cost 60% Requirement (divide line 1 by 0.60): Forgiveness AmountLine 11.

  • Payroll Cost 60% Requirement (divide Line 1 by 0.60): Forgiveness AmountLine 8.

  • Payroll Cost 60% Requirement (divide line 1 by 0.60): Forgiveness AmountLine 15.

  • Construction Observation, if appropriate or required, will be calculated on a Payroll Cost times a multiplier.

  • Additional services will be calculated on a Payroll Cost times a multiplier or as appropriate or agreed upon.

  • Additional Services will be calculated on a Payroll Cost times a multiplier3.

  • Develop Direct Cost-The Payroll Cost BaseTotal annual salaries and benefits paid as well as contracted (vendor) payments are obtained initially from each LEA’s Payroll/Benefits and Accounts Payable system.

  • Adjust the Payroll Cost BaseThe payroll cost base shall be reduced for amounts reimbursed by other funding sources (e.g. federal grants).

  • Construction Observation will be calculated on a Payroll Cost times a multiplier3.

  • Under the Schemes, the Company is required to contribute a specified percentage of the Payroll Cost to fund the benefits.


More Definitions of Payroll Cost

Payroll Cost means the actual cost of any person employed by the Contractor or the Contractor's sub-contractors as a staff member including principals employed as staff members, and includes an amount for salary, statutory holidays, vacation with pay, unemployment insurance premiums where applicable, worker's compensation contributions, pension plan contributions, sick time allowance and such other employee benefits as may be approved by the Band Representative.
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Payroll Cost means the salary and/or wages of the employees of the Town engaged in performing services for the works plus associated employee benefits. Fringe benefits may be expressed as a percentage of the salary and/or wages and may include but not be limited to such benefits as statutory holidays, vacations with pay, sick time allowance, hospitalization, medical and other health insurance, group life and disability insurance, pension plans including the Canada Pension Plan, Workmen's Compensation and Unemployment Insurance where applicable.
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Payroll Cost shall have the meaning assigned to such term in Section 5.03. ------------ "Per-Hour Fee" shall have the meaning assigned to such term in Section 5.10. ------------
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Related to Payroll Cost

  • Annual payroll means the total amount of wages subject to contributions during a twelve-month period ending with the last day of the second calendar quarter of any calendar year.

  • Payroll card means a record that evidences a

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Disposable earnings means that part of the earnings of an

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Payroll deduction means your premium is remitted to Aflac for you by your employer through a payroll deduction process or any other method agreed to by Aflac and the employer.

  • Payroll means the total salary and wages to be paid in a Taxable Year to a New Employee and Retained Employee.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Applicable Wages means the basic straight time wages for all hours worked, including:

  • Water Year means the period commencing with October 1 of 1 year 20 and extending through September 30 of the next; and

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Core Earnings means, with respect to any Person for any period, net income determined in accordance with GAAP of such Person and its consolidated subsidiaries and excluding (but only to the extent included in determining net income for such period) (i) non-cash equity compensation expense, (ii) the expenses incurred in connection with the formation of the Sponsor and the offering in connection therewith, including the initial underwriting discounts and commissions, (iii) acquisition costs from successful acquisitions (other than acquisitions made in the ordinary course of business), (iv) real property depreciation and amortization, (v) any unrealized gains or losses or other similar non-cash items that are included in net income for the current quarter, regardless of whether such items are included in other comprehensive income or loss, (vi) extraordinary or non-recurring gains or losses and (vii) one-time expenses, charges or gains relating to changes in GAAP; provided that Core Earnings shall, solely with respect to the Core Earnings attributable to any Non Wholly-Owned Consolidated Affiliate, only include the Consolidated Group Pro Rata Share of such attributable amount.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.