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.

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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

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.
The multiplier of 2.5 may be applied to the Actual Payroll Costs for those Additional Services defined in Article 4 hereinafter.
Estimated Allocation for Administrative and Payroll Costs - Monthly Draw The department shall request funds once a month, such that they are deposited on approximately the 25th, to fund the costs incurred during that month.
The CONSULTANT shall provide payroll documentation to the OWNER to validate actual Payroll Costs.

More Definitions of Payroll Costs

Payroll Costs means, with respect to an employee, all of the following payroll costs paid or incurred5 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 means Operating Cost paid (or projected to be paid) to employees of any Borrower Entity as (a) salary, wage, commission, or similar compensation, (b) payments for vacation, parental, family, medical, or sick leave, (c) allowance for dismissal or separation, (d) payments required for the provisions of group health care or group life, disability, vision, or dental insurance benefits, including insurance premiums; (e) payments of any retirement benefit, (f) other employee benefits payable in cash in the Ordinary Course of Business of such Borrower Entity or (g) payment of taxes assessed on the compensation of employees, and other employment related taxes.

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 the aggregate monthly base salary and overtime pay paid to each of the Sourced Employees (the "Base Salaries").

Payroll Costs shall have the meaning set forth in Section 9.2(b) hereof.

Payroll Costs has the meaning given in Paragraph 2.1 of Schedule 7 (Provision of Support to the SLC);