Payroll Costs definition

Payroll Costs means the salaries and wages paid to all personnel engaged directly on the work plus the cost of customary and statutory benefits including social security contributions, unemployment, health, sick leave, vacation, workmans compensation, incentive and holiday pay applicable thereto.
Payroll Costs means the salaries payable to employees of the Manager performing the Work at the Site.
Payroll Costs means all direct employee costs consisting of wages, employer contributions for taxes, workers' compensation insurance premiums, unemployment taxes, statutory disability, group life insurance and other similar employee benefits, provided, that the aggregate payroll taxes and all employee benefits (including medical insurance) of employees utilized during the Sale shall not exceed in any event fourteen and one-half (14-1/2%) of the applicable gross wages of such employees, and provided, further, that "Payroll Costs" shall exclude severance pay (or any other termination payment), pension or similar benefits, sick pay, holiday pay, vacation pay and retention bonuses.

Examples of Payroll Costs in a sentence

  • Payroll Costs (enter the amount from PPP Schedule A, line 10): Line 2.

  • Payroll Costs: Administrative Functions (OT or increase in hours if part-time) (6310) 4.

  • Payroll Costs: Custodial or Other Operational Staff (OT or other staff increase) (6510) 2.

  • Each invoice shall specify, for each type of Service, (A) (i) the aggregate number of hours GGP Employees in each group level set forth on Exhibit I spent performing such Service and (ii) the Direct Payroll Costs for each such group level (or the calculation under a different pricing methodology, as applicable), (B) the Cost Multiplier in effect and (C) any Out-of-Pocket Expenses incurred with respect to such Service.

  • Actual Payroll Costs shall be defined as the cost of salaries or wages paid directly to personnel engaged on the Project.


More Definitions of Payroll Costs

Payroll Costs means Direct Payroll Costs, Indirect Payroll Costs, Out-of-Pocket Expenses and any other fees and expenses reasonably allocable to the services provided by the Leased Employees to the G International Entities. For any Leased Employee, the Payroll Costs may consist of a portion of Direct Payroll Costs, Indirect Payroll Costs and Out-of-Pocket Expenses associated with such Leased Employee as reasonably determined by GXS in good faith to reflect an equitable sharing of the costs associated with such Leased Employee based on the facts and circumstances, including, without limitation, the time spent by the Leased Employee on matters relating to the business of the G International Entities.
Payroll Costs means, subject to the terms of Section 8.6.3 total expense of all such Charter School Staff’s or Other Personnel’s payments, wages, salaries, benefits, workers’ compensation insurance premiums, payroll taxes, unemployment insurance, or other payroll costs (not deducted from gross pay), as applicable to the individual in issue.
Payroll Costs means, with respect to an employee, all of the following payroll costs paid or incurred57 during the Covered Period or Alternative Payroll Covered Period and paid by a borrower on or before the next regular payroll date, even if the payroll date is after the Covered Period or Alternative Payroll Covered Period:
Payroll Costs. SNELXXXX'X xxxrges to the DISTRIBUTION ACCOUNT for the federal withholding, FICA, state withholding, state unemployment, local taxes of any type or kind, and unemployment consulting fees. SNELXXXX xxx allocate and charge FRANCHISEE for the unemployment claims experience of the EMPLOYEES submitted by FRANCHISEE for processing in particular as well as the SYSTEM in general. "PERMANENT PLACEMENT" The placement of a JOB-SEEKER in a position with a CLIENT where such JOB-SEEKER will be an employee of such CLIENT. "PLACEMENT BILLXXXX" Xee BILLXXXX.
Payroll Costs has the meaning given in Paragraph 2.1 of Schedule 7 (Provision of Support to the SLC);
Payroll Costs has the meaning set forth in Section 5.1.7.
Payroll Costs means (aa) the sum of payments of any compensation with respect to employees that is a (AA) salary, wage, commission, or similar compensation; (BB) payment of cash tip or equivalent; (CC) payment for vacation, parental, family, medical, or sick leave; (DD) allowance for dismissal or separation; (EE) payment required for the provisions of group health care benefits, including insurance premiums; (FF) payment of any retirement benefit; or (GG) payment of State or local tax assessed on the compensation of employees; and (bb) the sum of payments of any compensation to or income of a sole proprietor or independent contractor that is a wage, commission, income, net earnings from self-employment, or similar compensation and that is in an amount that is not more than $100,000 in 1 year, as prorated for the Covered Period; and (II) shall not include (aa) the compensation of an individual employee in excess of an annual salary of $100,000, as prorated for the Covered Period; (bb) taxes imposed or withheld under chapters 21, 22, or 24 of the Internal Revenue Code of 1986 during the Covered Period; (cc) any compensation of an employee whose principal place of residence is outside of the United States; (dd) qualified sick leave wages for which a credit is allowed under section 7001 of the Families First Coronavirus Response Act (Public Law 116–127); or (ee) qualified family leave wages for which a credit is allowed under section 7003 of the Families First Coronavirus Response Act (Public Law 116–127).