Total Labour Cost definition

Total Labour Cost means sum of Direct Labour Cost and Payroll Burden Cost.

Total Labour Cost means the sum of Direct Labour Cost and Payroll Burden Cost.

Total Labour Cost. * means the total amount of remuneration paid by an Entity to its Employees determined using section 3(4) of the Skills Development Levies Act of 1999 and the Forth Schedule of the Income Tax Act of 1962.

Examples of Total Labour Cost in a sentence

• Budgetary Cost, Setting the standards: Variance analysis: Total Material Cost Variance, Material Price Variance, Material Usage Variance, Material Mix Variance, Total Labour Cost Variance, Labour Rate Variance, Labour Efficiency Variance, Idle Time Variance, Labour Mix Variance, Labour Yield Variance.

• Total Labour Cost Salary and Wage data has been sourced from the financial reporting systems and allocated to employee category.

• At least 85% of Total Labour Cost should be paid to SA employees by service industry entities.

• The practice of granting paid holidays, providing social security benefits and various other amenities to the workers by the employer have a significant impact on the Total Labour Cost.

• Total Labour Cost ‘Total labour cost’ is the total labour costs associated with the total ASLs in a given classification level.

• Total Labour Cost of 256 parts =[48.43 hrs.× 256 parts]Rs.2,47,961.60 Revised Labour Cost for zero profit =[12,398.08 hrs.× Rs.20]Rs.3,22,961.60 Total Time for 256 parts (Revised) =[Rs.2,47,961.60 + Rs.75,000]16,148.08 hrs.

• VAT and taxes)MOST FAVOURABLE OVERALL GLOBAL PRICE OFFER=Total Cost for Lot 1 + Total Cost for Lot 2 + Total Cost for Lot 3 + Total Cost for Lot 4 +Total Cost for Operating System 1 Upgrade & licence cost +Total Cost for Operating System 2 Upgrade & licence cost +Total Cost for Service Level Agreement +Total Labour Cost for repairs Price offers for Microsoft Office will not be reckoned in the calculation of the GLOBAL PRICE OFFER.

• The list has an error ie “9.1.5 The following is a non-exhaustive list “ should read“9.2 The following is a non-exhaustive list “ as it is a sub-heading.The points following 9.2 should read 9.2.1, 9.2.2, 9.2.3 etcNote: Value-Adding suppliers = means an Entity registered as a vendor under the Value- Added Tax (VAT) of 1991, whose Net Profit Before Tax summed with its Total Labour Cost exceeds 25% of the value of its Total Revenue.

• The obvious indicator for judging the improvements in shareholder wealth is the development of the stock price.

• Security GradeQuantityMonthly Fee (VAT Excl.)Annual Fee (VAT Excl.)Night Shift including Weekdays, Weekends and Public HolidaysGrade D1 x Guard Day Shift including Weekdays, Weekends and Public HolidaysGrade D1 x Guard Total Labour Cost: Year 1 Total Labour Cost: Year 2 Total Labour Cost: Year 3 Sub-Total (6.1) (VAT Excl.) Note: The labour fee must be inclusive of all costs associated with rendering the service i.e. officers’ wage, UIF, training, transport, uniform etc.

More Definitions of Total Labour Cost

Total Labour Cost means the sum of Direct Labour Cost and Payroll Burden Cost, exclusive of Overhead Costs, profits, and other markups.SECTION B GENERAL PROVISIONS B1. Change Order B1.1 Subject to the provisions of this Schedule 17 and without invalidating the Design Build Agreement, the City may from time to time propose or require Design Builder to carry out and implement a Change Order. Design Builder shall not be entitled to any payment, compensation or extension of time for a Change Order except in accordance with the Design Build Agreement and this Schedule 17. A Change Order shall not be regarded as confirming an extension to the Scheduled Substantial Completion Date unless expressly stipulated. If the Parties cannot agree on whether a matter is a Change Order, the Parties shall resolve the disagreement in accordance with the process set out in Schedule 7 – Dispute Resolution Procedure. B2. Valuation and Payments for Reductions or Avoided Costs B2.1 If a Change Order involves any reduction in the Work and results in net savings in costs to Design Builder for completing the Project, then the value of all such savings shall be reflected in a lump sum payment to the City or in adjustments to the Milestone Payments to the extent as determined by the Parties, acting reasonably. B2.2 Design Builder shall not be entitled to claim for any losses, costs or damages for fixed overhead or profit due to the reduction, deletion or removal of any part of the Project, except to the extent that any of such amounts would have been incurred by Design Builder and included in the Milestone Payments payable by the City after the date on which any part of the Project is reduced, deleted or removed. SECTION C CHANGE ORDER ENQUIRY PROCESS C1. Initiating a Change Order Enquiry C1.1 If the City proposes or requires a Change Order as set out in Section G1.1 of the DBA, it will deliver to Design Builder a Change Order Enquiry. C2. Change Order Enquiry Requirements C2.1 For a proposed Change Order that is expected to result in a change to the Contract Price, Milestone Payments, the Project Schedule, or the Scheduled Substantial Completion Date, the Change Order Enquiry will: (a) describe the proposed Change Order with sufficient detail to enable Design Builder to prepare an Estimate; (b) detail Design Build Agreement section additions or deletions; (c) indicate the method of adjustment in the Contract Price or Milestone Payments resulting from the Change Order determined by one or more of the fol...