Direct Labour Cost definition

Direct Labour Cost means base wage costs of employees including overtime premium where applicable, but excludes Payroll Burden Cost.
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Direct Labour Cost means the base wage costs of employees under a wage schedule approved in writing by the Province prior to the commencement of work or procurement associated with the Change Order, or in the absence of such a wage schedule, the salaries or wages paid under the applicable collective agreement, or in the absence of any collective agreement, the actual cost of salaries and wages, excluding Payroll Burden Cost and all superintendent’s or ▇▇▇▇▇▇▇’▇ wages or other personnel responsible for supervision of the work;
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Direct Labour Cost means base wage costs of employees, excluding payroll burden cost.
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Examples of Direct Labour Cost in a sentence

  • The three indicators are Good Manufacturing Output, Total Direct Labour Cost and Waste.

  • Direct Labour Cost", meaning that portion of gross wages or salaries incurred for work which can be specifically identified and measured as having been performed or to be performed pursuant to the Statement of Work and which is so identified and measured consistently by Contractor's cost accounting practices as accepted by the Customer, acting reasonably.


More Definitions of Direct Labour Cost

Direct Labour Cost means the labor cost directly related with the production of the stock- in-trade.
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Direct Labour Cost means the base wage costs of employees under a wage schedule approved in writing by the City prior to the commencement of work or procurement associated with the Change Order, or in the absence of such a wage schedule, the salaries or wages paid under the applicable collective agreement, or in the absence of any collective agreement, the actual cost of salaries and wages, excluding Payroll Burden Cost, Overhead Cost, and all superintendent’s or foreman’s wages or other personnel responsible for supervision of the work;
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Related to Direct Labour Cost

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • Indirect cost means those costs incurred for a common or joint purpose benefitting more than one cost objective, and not readily assignable to the cost objectives specifically benefitted, without effort disproportionate to the results achieved. Indirect Costs represent the expenses of doing business that are not readily identified with the Grant Project responsive to this RFA but are necessary for the general operation of the organization and the conduct of activities it performs.

  • Standard Cost means any cost computed with the use of preestablished measures.

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.