Payroll Cost definition

Payroll Cost means the actual cost of any person employed by the Consultant or the Consultant's Sub- Consultants as a staff member, including principals employed as staff members, and includes an amount for salary, statutory holidays, vacations with pay, unemployment insurance premiums and worker's compensation contributions where applicable, pension plan contributions, sick time allowance, medical/dental insurance premiums, and such other employee benefits as may be approved by the Departmental Representative;

Payroll Cost means the actual cost of any person employed by the Contractor or the Contractor's sub-contractors as a staff member including principals employed as staff members, and includes an amount for salary, statutory holidays, vacation with pay, unemployment insurance premiums where applicable, worker's compensation contributions, pension plan contributions, sick time allowance and such other employee benefits as may be approved by the Band Representative.

Payroll Cost means the actual cost of any person

Examples of Payroll Cost in a sentence

• Payroll Cost 60% Requirement (divide line 1 by 0.60): Forgiveness AmountLine 11.

• Payroll Cost 60% Requirement (divide Line 1 by 0.60): Forgiveness AmountLine 8.

• Payroll Cost 60% Requirement (divide line 1 by 0.60): Forgiveness AmountLine 15.

• Construction Observation, if appropriate or required, will be calculated on a Payroll Cost times a multiplier.

• Additional services will be calculated on a Payroll Cost times a multiplier or as appropriate or agreed upon.

• Additional Services will be calculated on a Payroll Cost times a multiplier3.

• Develop Direct Cost-The Payroll Cost BaseTotal annual salaries and benefits paid as well as contracted (vendor) payments are obtained initially from each LEA’s Payroll/Benefits and Accounts Payable system.

• Adjust the Payroll Cost BaseThe payroll cost base shall be reduced for amounts reimbursed by other funding sources (e.g. federal grants).

• Construction Observation will be calculated on a Payroll Cost times a multiplier3.

• Under the Schemes, the Company is required to contribute a specified percentage of the Payroll Cost to fund the benefits.

More Definitions of Payroll Cost

Payroll Cost means the salary and/or wages of the employees of the Town engaged in performing services for the works plus associated employee benefits. Fringe benefits may be expressed as a percentage of the salary and/or wages and may include but not be limited to such benefits as statutory holidays, vacations with pay, sick time allowance, hospitalization, medical and other health insurance, group life and disability insurance, pension plans including the Canada Pension Plan, Workmen's Compensation and Unemployment Insurance where applicable.

Payroll Cost shall have the meaning assigned to such term in Section 5.03. ------------ "Per-Hour Fee" shall have the meaning assigned to such term in Section 5.10. ------------

Payroll Cost means all vouchable costs, including basic pay, overtime, allowances, employer taxes but, excluding pension costs, incurred by the Local Authority in compensating the Local Authority Water Services Staff in accordance with their employment contracts and the Law;