Direct Employee Costs definition

Direct Employee Costs means all of the applicable Party’s actual costs related to such Secondee, consisting of a pro rata share of the salary, bonus, incentives, equity compensation and benefits of the applicable Person, without (i) any allocations for overhead or general services or (ii) markup or profit margin attached to such costs.
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Direct Employee Costs is a part of Direct Costs and means the total costs to ATL of ATL employees identifiable as being applicable solely to the Ammonia Plant operations, including the salaries, benefits and related payroll costs specific to those employees,
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Direct Employee Costs means, with respect to a Secondee, such Secondee’s salary, bonus, social and retirement benefits and any accounting charge for equity compensation (as applicable).
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Examples of Direct Employee Costs in a sentence

  • Direct Employee Costs As a technology company, CMG’s largest area of expenditure is its people.

  • Key Managers who are seconded to a JV Company by a Party (“Secondees”) shall continue to be compensated by the seconding Party and shall retain, to the extent practicable, all employment benefits from such Party (including applicable insurance coverage, retirement payments and stock options); provided, however, that the seconding Party shall be reimbursed by the JV Company for the Direct Employee Costs of such Secondees, proportional to the business time such Key Managers have devoted to the JV Companies.

  • The City will release the holdback at the end of the Warranty Period (as defined below in Section 11.2), provided that the Vendor has fully satisfied the City’s requirements under this Agreement.

  • The Processwise Input, Output, Direct Employee Costs and Direct Material Costs for the year ended March 31,2016 are given below: ProcessInput UnitOutput UnitDirect employee cost of the process(` )Direct Material cost of the process(` )MP -I3120002808008,42,40011,23,200MP -233000029750011,90,00013,38,750MP -341400039750019,87,50016,89,375MP -439000036100028,88,00023,82600 You are required to calculate: i.

  • Direct Employee Costs have instead been included in the budget -36,850VARIOUS: Insurance CostsThe council’s insurance costs have increased, largely in respect of vehicle insurance costs.

  • Direct Employee Costs As a technology company, CMG’s largest investment is its people, and approximately 78% of total operating expenses during the six months ending September 30, 2022, relate to direct employee costs (six months ended September 30, 2021 – 81%).

  • They can agree on modification of the governance based on the conclusions of this yearly review.

  • Direct Employee Costs As a technology company, CMG’s largest area of expenditure is for its people.

  • In this study, the identification of Ara1, the L-arabinose-responsive regulator of P.

  • The adjusted union effect is small and statistically insignificant for establishments with 50 or more employees.12 Direct Employee Costs As noted in previous sections, the union effect on take-up operates within small and large establishments alike and has increased over time, suggesting that the health benefits available to union workers increasingly are of higher quality or lower cost than those offered to non-union workers.

Related to Direct Employee Costs

  • Employee Contribution means any contribution made to the Plan by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained under a separate account to which earnings and losses are allocated.

  • Contract employee means a probationary faculty employee or a grant- funded employee hired on a year-to-year basis in accordance with Education Code 87470.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.

  • Client employer means an Employer that is involved in a Tri-Party Employment Relationship due to obtaining the services of a third-party entity.

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Employee Contributions are contributions made by a Participant on an after-tax basis, whether voluntary or mandatory, and designated, at the time of contribution, as an employee (or nondeductible) contribution. Elective deferrals and deferral contributions are not employee contributions. Participant nondeductible contributions, made pursuant to Section 4.01 of the Plan, are employee contributions.

  • Hired Employee has the meaning set forth in Section 6.1.6.

  • Replacement employee is an employee specifically engaged to replace an employee proceeding on parental leave.

  • Service employee, as used in this clause, means any person (other than a person employed in a bona fide executive, administrative, or professional capacity as defined in 29 CFR 541) engaged in performing a District contract not exempted under 41 U.S.C. §356, the principal purpose of which is to furnish services in the United States, as defined in section 22.1001 of the Federal Acquisition Regulation. It includes all such persons regardless of the actual or alleged contractual relationship between them and a contractor.

  • Designated Employees means a person occupying any of the following position in the Company:

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Prospective employee means an assessed individual who is anticipated to be hired upon completion of training.

  • Fixed term employee means a person engaged for a specified term or for the duration of a specified task in accordance with section 37(3)(b) of the State Service Act 2000.

  • Ongoing employee means an employee who has been employed for at least one complete standard measurement period.

  • Retired Employee means an employee of the state who retired after April 29, 1971,

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Tipped employee means any employee engaged in an occupation in which s/he customarily and regularly receives more than $30 per month in tips. Tips include amounts designated as a tip by credit card customers on their charge slips. Nothing in this rule prevents an employer from requiring employees to share or allocate such tips or gratuities on a pre-established basis among other employees who customarily and regularly receive tips. Employer-required sharing of tips with employees who do not customarily and regularly receive tips, such as management or food preparers, or deduction of credit card processing fees from tipped employees, shall nullify allowable tip credits towards the minimum wage.

  • Active Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • existing employee means an employee who elected to participate in the Virginia Sickness and

  • Current Employee has the meaning set forth in Section 7.8(a).

  • Female employee means an employed female who is pregnant or is caring for a child she has borne or a child who has been placed with her for adoption purposes.

  • Business Employee means any Person who is a present or former employee of Seller at any time prior to or on the Closing Date, and who provided or previously provided any services relating to the Business.