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

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Completion Rate means the percentage of an apprenticeship cohort who receives a certificate of apprenticeship completion within 1 year of the projected completion date. An apprenticeship cohort is the group of individual apprentices registered to a specific program during a 1 year time frame, except that a cohort does not include the apprentices whose apprenticeship agreement has been cancelled during the probationary period or who have transferred.

  • Operating parameter value means a minimum or maximum value established for a control device or process parameter that, if achieved by itself or in combination with one (1) or more other operating parameter values, determines that an owner or operator has complied with an applicable emission limit.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;

  • Gross Calorific Value of “GCV” shall mean that quantity of heat expressed in Kilowatt- hour produced by the complete combustion of one (1) normal cubic metre of Natural Gas at twenty-five (25) degrees Celsius and an absolute pressure of one decimal zero one three two five (1.01325) bar with excess air at the same temperature and pressure as the Natural Gas when the products of combustion are cooled to twenty-five (25) degrees Celsius and when the water formed by combustion is condensed to the liquid state and the products of combustion contain the same total mass of water vapor as the Natural Gas and air before combustion.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Increased Assessed Value means, for each Fiscal Year during the term of this Agreement, the amount by which the Current Assessed Value for such year exceeds the Original Assessed Value. If the Current Assessed Value is less than or equal to the Original Assessed Value in any given Tax Year, there is no Increased Assessed Value in that year.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • Total Value means either the fair market value or the actual price paid for a covered animal part or product, whichever is greater.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Remaining Present Value means, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for such lease reasonably determined at the time such lease was entered into.

  • SPS AER Value means the Underlying Reference Value.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

  • Estimated Construction Cost or “ECC” means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Final Completion Date means the date on which Final Completion occurs.