Salary Costs definition

Salary Costs. Used as a basis for payment mean salaries and wages (base and incentive) paid to all Xxxxxx'x personnel engaged directly on the Project(s), including, but not limited to, engineers, architects, surveyors, designers, draftsmen, specification writers, estimators, other technical and business personnel; plus the cost of customary and statutory benefits, including, but not limited to, social security contributions, unemployment, excise and payroll taxes, workers' compensation, health and retirement benefits, sick leave, vacation and holiday pay and other group benefits.

Salary Costs. Used as a basis for payment mean salaries and wages (base and incentive) paid to all Olsson's personnel engaged directly on the Project(s), including, but not limited to, engineers, architects, surveyors, designers, draftsmen, specification writers, estimators, other technical and business personnel; plus the cost of customary and statutory benefits, including, but not limited to, social security contributions, unemployment, excise and payroll taxes, workers' compensation, health and retirement benefits, sick leave, vacation and holiday pay and other group benefits.

Salary Costs means the amount of wages or salaries paid to the CONSULTANT’s and subconsultant’s respective employees for work directly performed on this AGREEMENT, plus a percentage applied to all such wages or salaries to cover all payroll-related taxes, payments, premiums, and benefits.

Examples of Salary Costs in a sentence

• The statement shall show a summary of Salary Costs and Reimbursable Expenses with accrual of the total and credits for portions paid previously.

• For Services identified in Exhibit “A” described under Basic Services as payable on a “Maximum Amount Not-To-Exceed” basis, compensation to Consultant shall be based upon the Salary Costs as described in Section 4.2 up to a total maximum not-to-exceed amount of One Million Three Hundred One Four Hundred Twenty-Seven Dollars and no cents ($1,371,427.00).

• When requested, Consultant shall provide backup for past and current invoices that records hours and Salary Costs by employee category, Reimbursable Expenses by category, and Subconsultant fees on a task basis, so that total hours and costs by task may be determined.

• Authority shall pay Consultant for the performance of Services identified in Exhibit A to this Work Authorization as payable on a “Maximum Amount Not-To-Exceed” basis based upon the Salary Costs as described in Section 5.2 of the Agreement and Exhibit B of this Work Authorization, up to a maximum not-to-exceed amount of $[ ].

• Consultant shall submit xxxxxxxx that are identified by the specific Task number on a monthly basis in a timely manner for all Salary Costs and Reimbursable Expenses attributable to the Project.

More Definitions of Salary Costs

Salary Costs as used herein shall mean the hourly rate actually paid to all personnel engaged directly on the Project, as adjusted by an overall multiplier that consists of the following: 1) a fringe benefits factor; 2) an overhead factor; and 3) an operating margin. Said Salary Costs are to be used only for time directly attributable to the Project. The fringe benefit and overhead rates shall be Consultant’s most recent and actual rates determined in accordance with Federal Acquisition Regulation (“FAR”) guidelines and audited by an independent Certified Public Accountant. For the purposes of this Agreement, the rates must be audited for fiscal periods of Consultant within eighteen (18) months preceding the execution date of this Agreement. These rates shall remain in effect for the term of this Agreement except as provided for in the Agreement.

Salary Costs means the hourly rate actually paid to all personnel engaged directly on the Project, as adjusted by an overall multiplier that consists of the following:

Salary Costs as used herein means the hourly rate actually paid to all personnel engaged directly on tasks under a Work Authorization issued under this Agreement, as adjusted by an overall multiplier that consists of the following: 1) a fringe benefits factor; 2) an overhead factor; and 3) an operating margin. Said Salary Costs are to be used only for time directly attributable to those tasks. The fringe benefit and overhead rates shall be Consultant's most recent and actual rates determined in accordance with Federal Acquisition Regulation ("FAR") guidelines and audited by an independent Certified Public Accountant. For the purposes of this Agreement, the rates must be audited for fiscal periods of Consultant within eighteen (18) months preceding the execution date of this Agreement. These rates shall remain in effect for the term of this Agreement except as provided for in the Agreement.

Salary Costs as used herein shall mean the hourly rate which includes all overhead which produced the Maximum Rates as set forth in Exhibit “B” for attached hereto.

Salary Costs means the basic gross salary payable by Islington to the Placed Staff Member plus employer’s national insurance and pension contributions (being XXXX per annum as at the Commencement Date, as detailed below) as adjusted from time to time in accordance with Islington’s usual pay and employment policies and procedures. Basic gross salary Employer's NI contribution Employer's pension contribution Total Reimbursement Arrangements:

Salary Costs means the total amount of funds used by the beneficiary of the financial support as gross salary which the beneficiary should pay for the jobs that are directly created for the implementation of the investment project,

Salary Costs means the annual salary and Premiums (excluding commissions, Payroll Additives, Corporate Overhead, overtime payments and bonuses but including a London living allowance in an amount of £2000 per annum), as specified in the applicable employment conditions actually paid by the Council to the Council’s Personnel which salaries and Premiums are established in accordance with the Council’s standard personnel policies.