Goods and Services Allowance Sample Clauses

Goods and Services Allowance. The Company agrees to pay the Employee $1388.11 bi-weekly as an offset for the higher costs of goods and services in London. Payments will be less any applicable deductions for taxes, etc., commencing with the Employee's move to London and concluding with his return to the United States or any change in location of assignment.
Sample 1
AutoNDA by SimpleDocs
Goods and Services Allowance. In order to compensate the Executive for the higher costs of goods and services in Brazil as compared to the United States, the Executive will receive an allowance for the purchase of goods and services (the "Allowance"). The differential will be based on tables prepared by Organization Resources Counselors, Inc. ("ORC"), which are calculated by multiplying a goods and services index by the amount that a person at the Executive's income level and family size would spend on goods and services in the United States. In the event ORC no longer prepares such tables, the Allowance will be determined by the Board of Directors based on data reasonably comparable to the data used by ORC to prepare its tables. At present, the ORC goods and services differential for an American at the Executive's salary level and family status assigned to Brazil is U.S. $28,212 per year. The Allowance may be adjusted by the Board of Directors quarterly or more frequently if economic conditions reasonably dictate. Payment of the Allowance shall commence when the Executive moves into permanent quarters in Brazil. The Allowance will be denominated in U.S. dollars and shall be paid at such time as the Salary is paid.
Sample 1
Goods and Services Allowance. Based upon cost of living data research by ---------------------------- Organizational Resource Counselors, Inc. you will be entitled to a "Goods and Services" allowance $4,802.14 (US$57,625.71 on an annualized basis). This allowance will be paid to you in a monthly increment to your base salary in the amount of $4,802.14. This Goods & Services allowance (G&S) is designed to provide sufficient local currency with which to buy goods and services comparable to those normally purchased in the U.S. Your G&S allowance will be reviewed periodically, updated when appropriate and may --- increase or decrease as conditions change. This allowance will be paid in ----------------------------------------- local currency monthly beginning on November 1, 1998. In situations where the G&S is negative, the Company will assume a zero G&S differential..
Sample 1
Goods and Services Allowance. Employee to receive a Goods and Services Allowance to cover the difference in the cost of goods and services between the U.S. and the U.K. The initial Goods and Services allowance, based on a family of five, will be $5,499 per month. The Efficient Purchaser Index provided by Organizational Resource Counselors is used to determine the monthly amount that is allocated or not allocated due to a favorable exchange rate or market. The ORC index compares costs in the home country to costs in the assignment location. The Goods and Services allowance will be reviewed annually. If, upon review, the allowance is a difference of 5% or greater (either up or down), Company will notify Employeee of the change in allowance. This review may result in the increase of the allowance or the ceasing of the allowance depending upon the cost-of-living index.
Sample 1
Goods and Services Allowance. In addition to Assignee's base salary, the Company will pay to Assignee a Goods and Services Allowance. The allowance will be paid monthly with your base salary and is intended to contribute toward a variety of incidental expenses that may be incurred as a result of working in Switzerland, which may differ from one person to the other, and is in lieu of any other expatriation benefits unless expressly stated. The allowance will be reviewed every six months and will be adjusted, either upward or downward, to reflect changes in the economic tables or other events, such as changes in base salary or tax tables, unusual economic events, or changes in the number of dependents.
Sample 1
Goods and Services Allowance. A goods and services allowance may be provided to ensure that you have the equivalent purchasing power of goods and services in the host country as in the home country. This allowance covers the differences in all living costs except housing, automobile, taxes, and education, which are addressed separately in this policy. Eligibility for the goods and services allowance begins the day you move into permanent living quarters in the assignment location. Payment of the allowance will cease when you vacate your host country residence to assume a new global or domestic assignment. Walgreens' designated service provider will determine the data necessary to calculate the difference in the cost of a comparable market basket of goods and services between the home and host locations. You are responsible for the portion of costs that would have been used to purchase those goods and services in the home country. Walgreens will then provide an adjustment/allowance which represents the difference for goods and services between the host location and the home location, and is remitted to you on a monthly basis. The provider continuously monitors exchange rates and issues regular cost-of-living updates to Walgreens. The host country allowance will be reviewed every six months and will be adjusted, either upward or downward, to reflect changes in the economic tables. In addition, the host country adjustment is reviewed when any of the following events occur: · Change in base salary · Change in tax tables · Unusual economic circumstances · Change in number of dependents Differentials between home and host countries will vary by salary, family size, and work location. Therefore, it is unlikely that employees in the same assignment location will receive identical goods and services allowance.
Sample 1
Goods and Services Allowance. The Executive shall receive a local goods and services allowance in accordance with the Company’s expatriate relocation policy. AptarGroup, Inc. 200 Xxxxxxxx Xx., Xxxxx 000 Xxxxxxx Xxxx, XX 00000, U.S.A. axxxx.xxx
Sample 1
AutoNDA by SimpleDocs
Goods and Services Allowance. The Goods and Services Allowance is intended to reimburse you for certain increased living costs (excluding housing and utilities), which may result when living costs in Host Country exceed those in the United States. The Goods and Services Allowance is determined using your base salary and may be adjusted up or down due to fluctuation in costs in the home and host countries and in the exchange rate. This allowance begins when you move into housing in Host Country and ends upon vacating said housing. The current Goods and Services allowance available to you is USD $97,567.58 net amount per year and will be paid monthly. Housing and Utilities Differential The Company will pay your actual monthly housing fee and utilities up to USD $8,800 dollars per month, plus any security deposit, excluding personal telephone expenses. The Company must approve housing and rental terms in advance. The deduction and payment of housing will begin when you move into the Host Country residence. You will not be entitled to a cash reimbursement should the actual costs incurred fall below USD $8,800 dollars per month. Additionally, should you determine to sell your existing home in the US, the Company will reimburse you for reasonable closing and brokerage costs associated with such sale. Education Support Cross Cultural Training Cross-cultural training will be provided to assist you and your Accompanying Family to settle quickly into the Host Country business and lifestyle.
Sample 1
Goods and Services Allowance. A goods and services allowance will be paid to compensate you for the higher cost of goods and services in Switzerland. Your goods and services allowance will, therefore, be USD 2,630 per month, and will commence once you have moved into your permanent housing. The monthly goods and services allowance will be reviewed annually so that changes in the cost of living when compared to your home country, as well as in the exchange rate, can be reflected. Payment will begin on the day you take up permanent accommodations in Switzerland and cease on the day you return at the end of your assignment. Housing and Utility Allowance Your budget for housing and related utilities in Switzerland will be up to USD 4,500 per month. If you elect housing in Switzerland that results in a cost in excess of this allowance, you agree reimburse VASCO for the difference. Furniture and Appliances You will receive a payment of USD 30,000 immediately prior to the start of your assignment to cover furniture whether leased or purchased and to include any shipping cost for purchased items. Relocation VASCO will reimburse your travel expenses to your new location. Your reimbursements will be in accordance with VASCO’s business travel policy. Excess baggage costs for an additional 50 kg will also be covered under this agreement. If your housing arrangements are not completed by the time you reach your location of assignment, VASCO will pay reasonable living costs up to 30 days. These reimbursements will cease when you move into permanent quarters and begin to receive the housing and utility allowance.
Sample 1

Related to Goods and Services Allowance

  • Transportation Allowance When an employee is required to travel to the Hospital or to return to her home as a result of reporting to or off work between the hours of 2400 - 0600 hours, (other than reporting to or off work for her regular shift) or any time while on standby, the Hospital will pay transportation costs either by taxi or by her own vehicle at the rate of forty cents (40 cents) per kilometre (to a maximum of fourteen dollars ($14.00) or such greater amount as the Hospital may in its discretion determine for each trip between the aforementioned hours. The employee will provide to the Hospital satisfactory proof of payment of such taxi fare. Where the Hospital requires the employee to travel between sites, the Hospital will pay for transportation costs of forty (40) cents per kilometre unless the Hospital provides transportation between sites.

  • Educational Allowance Special Preparation Bonuses Per Month Per Shift (Full-time) (Part-time)

  • Training Allowance Operators who are required by the Employer to provide training to a specified level and to certify to the competency of the employees so trained shall receive twelve dollars ($12) per day while training. In such cases, the most senior qualified operator with the capability to provide training in the required class of equipment shall be given the opportunity to provide such training.

  • Safety Footwear Allowance Effective 1/1/07, the Contra Costa Community College District will provide an initial two pairs of safety/protective work boots or shoes for employees in the following classifications: Building Maintenance Worker, Equipment Maintenance Worker, Senior Equipment Maintenance Worker, Maintenance Mechanic, Lead Maintenance Mechanic, Maintenance Assistant, Ground Worker / Gardener I, II, Senior or Lead, Shipping and Receiving Clerk, and all other mutually agreed upon classifications required to wear safety; protective shoes per OSHA/ASTM standards.

  • Shoe Allowance Effective May I, 2002 the employer will provide reimbursement to full time employees who have completed probation and who are employed in the kitchen department once per year, the amount of $60.00 and once every two years the amount of$60.00 for maintenance, stores person, and banquet house person. Employees will receive said amount so long as the shoes are won on the job. Payment will be made on or about July I upon presentation of proof of purchase.

  • Tool Allowance The Company agrees to arrange with a Tool Supplier for the purchase of tools required in the performance of a trade for each Skilled Trades employee. The Company further agrees to pay for a tool allowance annually up to three hundred ($300.00) dollars. Employees will be allowed to carry over to the next year, any unused portion of the annual $300.00. In addition, the Company agrees to pay the cost of license renewals for Skilled Trades when required by law.

  • Mileage Allowance 1. The mileage allowance is forty-four cents ($.44) per mile, or the federal rate whichever is less.

  • Aid Allowance An employee who has been appointed by the Employer and trained to render first aid and who is the current holder of appropriate first aid qualifications such as a certificate from the St. Xxxx's Ambulance or similar body shall be paid weekly an allowance as detailed in Appendix A. The Employer will always appoint the appropriate number of First Aid Officers as required by relevant legislation and Code of Practice.

  • Subcontract Costs Payments made by the Construction Manager to Subcontractors in accordance with the requirements of the subcontracts.

  • First Aid Allowance An employee who has been trained to render first aid and who is the current holder of appropriate first aid qualifications such as a certificate from the St. John's Ambulance or similar body shall be paid a weekly allowance of $11.50 if appointed by their employer to perform first aid duty.

Time is Money Join Law Insider Premium to draft better contracts faster.