Work Value definition

Work Value means a measure of the job’s worth in comparison to the relative worth of other jobs in the organisation, and is determined by the systematic analysis and evaluation of knowledge and skills, task complexity and decision accountability in a job.

Work Value means Immediately upon notice of termination of this Contract by either Party, the Parties shall consult with one another in order to agree on the percentage of Work completed up to the date of termination. It is understood that resolution of disagreement, if any, in arriving at completed work value will be a matter of arbitration.

Work Value means the relative size of a position in terms of role evaluation criteria.

Examples of Work Value in a sentence

• Work Value Points - The qualitative outcome from the Job Evaluation Process with a value between 0 and 820.

• Client Name: Address: Contact Name: Telephone: Date of Work: Value of Work: Client Name: Address: Contact Name: Telephone: Date of Work: Value of Work: Schedule 8 Statement of Conformity If the Tender does not comply with all the requirements of the Tender Documents, the Tenderer must list below all areas of non-conformity, partial conformity or alternative offer and the reasons therefore.

• The parties agree that the Children’s Services (Government) Award 1989 be varied by 1 January 2008 in the WAIRC as a result of application No. 20 of 2006 (LHMU Work Value Claim.

• Determination of position classification will focus on 2 main factors consistent with the University’s Position Classification and Review Policy: • Work Value Principles; and • Broad Level Classification Descriptors.

• The employer is committed to finalising the ‘Clinical Coders Work Value Review’ by 31 December 2008 and will implement the recommendations, including a career structure for clinical coders which incorporates AO3, AO4 and AO5 classifications effective from 1 September 2008.

• Except as provided in Clause 10 – Senior Nurses Work Value Assessment, it is a condition of this Agreement that the parties will not seek any further claims, with respect to wages and working conditions covered by this agreement during the term of the Agreement.

• Determination of position classification will focus on 2 main factors consistent with the University’s Position Classification and Review Policy:  Work Value Principles; and  Broad Level Classification Descriptors.

• The eight Factors were developed for the City of Kwinana to ensure that all aspects of a role across skills, effort and responsibility are accounted for in the Work Value.

• Each Degree within the Factor is described in detail to ensure it is consistently applied in the Work Value Assessment process.

• M/S Power Mech – Bhooratnom Construction (JV) 11.01.2022 District: Bulandshahr Date of start: 29.11.2021 Working Period: 18 Months Work Value: 74.753 Crs.

More Definitions of Work Value

Work Value means the intrinsic 'value' of the role and the work undertaken, the level of influence, control and autonomy to act, and the capacity to effect business outcomes.

Work Value means a combination of the level of expertise, judgement and accountability that resides with a position as assessed using the Mercer Job Evaluation system.