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 a combination of the level of expertise, judgement and accountability that resides with a position as assessed using the Xxxxxx Job Evaluation system.
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Examples of Work Value in a sentence

  • Address: Contact Name: Telephone: Date of Work: Value of Work: Address: Contact Name: Telephone: Date of Work: Value of Work: 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 ‘Remuneration Band Descriptors’ in out in clause J.7 show the Mercer CED Work Value Points derived for each Remuneration Band by the application of Mercer CED work value techniques.J.3 Appointment to a Remuneration BandEmployees will be appointed to a Remuneration Band according to their job role.

  • Project Owner: Address of Installation: Project/Contract Title: Scope of Work: Value of Sign $ Date(s) Work Completed Photograph of signage (attach separate page if needed): Address of signage pictured above: To Whom it May ConcernSubject: Reference Letter for Bid No. 2016-15, Fabrication and Installation of Park SignageName of Bidder/Proposer: The above referenced Contractor is submitting a bid/proposal for a solicitation that has been issued by the Town.

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

  • Employer Name Contact Details(Name &Surname, Telephone & e- mail details) Nature of Work Value of WorkStart Date:End Date:MonthYearMonthYear SIGNED ON BEHALF OF TENDERER: .

  • In case, 2% of the Work Value is less than the value of EMD, then only the value of EMD shall be kept as Security Money.

  • Amount of Security Money to be deposited shall be equal to 2% of the Work Value.

  • Fail- ing which an amount equivalent to 0.50 percent For Work Value upto 25 Lakhs & 1 percent For Work Value above 25 Lakhs of the tendered cost will be recovered from the First Running Account bill of this work.

  • For purposes of this section and sections 1647 and 1665b of this title, the term ‘‘principal dwell- ing’’ includes any second or vacation home of the consumer.

  • Subject to additions and deductions in accordance with Article 10, the Contract Sum is: ($ « » ) § 3.2 For purposes of payment, the Contract Sum includes the following values related to portions of the Work:(Itemize the Contract Sum among the major portions of the Work.) Portion of the Work Value N/A N/A § 3.3 The Contract Sum is based upon the following alternates, if any, which are described in the Contract Documents and hereby accepted by the Company:(Identify the accepted alternates.


More Definitions of Work Value

Work Value means the relative size of a position in terms of role evaluation criteria.
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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.
Sample 1

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 SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS 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).

  • 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.

  • Index Start Value means 1,000 index points and represents the Index Closing Value on Index Calculation Day T=0 for the purposes of calculating the index in accordance with C).

  • 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.

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Company Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • 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.

  • 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.