Productivity definition

Productivity as defined in ORS 427.005 means:
Productivity means engagement in income-producing work by a person with mental retardation or other developmental disabilities which is measured through improvements in income level, employment status or job advancement or engagement by a person with mental retardation or other developmental disabilities in work contributing to a household or community.
Productivity is revenue from the Company’s Hong Kong transport operations divided by the Company’s expenses relating to Hong Kong transport operations, as set out in the Company’s audited financial statements for the first and last financial years of the Reference Period (but subject to adjustments due to changes in accounting standards and segmental reporting between the two relevant financial years); and “Reference Period” (a) in respect of each of the calendar years 2013 to 2017, is the financial years 2008 to 2012; and (b) in respect of each of the calendar years 2018 to 2022, is the financial years 2012 to 2017. Thereafter, for each successive five calendar years, in respect of each calendar year in such five-year period, the Reference Period is the six financial years immediately preceding that five-year period. As a consequence of the Early Review having been advanced by one year, the Company and the Government have agreed to amend the FAM such that the “Reference Period” in respect of each of the calendar years 2013 to 2016, is the financial years 2008 to 2012, in respect of each of the calendar years 2017 to 2022, is the financial years 2012 to 2016 and, in respect of each of the calendar years 2023 to 2027, is the financial years 2016 to 2022. For reference, the value of “t” (the productivity factor) in respect of each of the calendar years 2017 to 2022 with reference to the Reference Period, as amended, will be zero. Subject to certain exceptions, the Company is limited to adjusting individual fares which are subject to the FAM; such adjustments to individual fares (except for single journey fares rounded to the nearest HK$0.50 unit) will be within a range of +/-5 percentage points from the overall fare adjustment rate. If, in a given year, the overall fare adjustment rate under the FAM is within the range of +/-1.5%, there shall be no fare adjustment and the unadjusted percentage shall be rolled over to the next annual fare review. The FAM applies to specified fares on all existing and new railway lines on the Integrated Railway, on the Light Rail and on Transit Service Area Buses (other than the Airport Express Line (unless the fare is an Airport workers’ fare), Ngong Ping 360, the intercity trains and certain other new lines which are not intended for use by daily commuters for domestic travel). The weighted average adjustment of these specified fares should be equal to the calculated “overall fare adjustment rate” from the above formula. For adjustments ...

Examples of Productivity in a sentence

  • Non-Exclusive Suppliers and Exclusive Suppliers paid under the MPS Flat 1:2 and MPS Flat 1:1 payment systems are not eligible to receive a Productivity Incentive.

  • A critical incident meets any of the following conditions: • Productivity has stopped • A staff member or agency cannot continue work • Data is corrupt • Financial controls are impaired • System security has been compromised Application Support Services NWRDC services are available to employees of the District for the application under contract.

  • Signed for and on behalf of KRS Electrical Services Pty Ltd Signature Date Witness Date Signed for and on behalf of the Electrical Trades Union of Australia, New South Wales Branch Signature Date Witness Date Rates of pay applying after 1 Oct 2005 Grade Hourly Rate Productivity Fares Travel Grade 2 $21.84 $1.80 $10.20 $11.80 Grade 3 $22.91 $1.90 $10.20 $12.50 Grade 4 $23.98 $2.00 $10.20 $13.20 Unlicensed T/Man $25.55 $2.10 $10.20 $13.80 Cert Reg.

  • The components used to determine if any financial disadvantage has occurred are wage rates, Productivity Allowance and excess fares and travel time only.

  • The Productivity Incentive is paid to eligible Exclusive Suppliers monthly based on the amount of Milk Solids accepted by us for each month during the Term.


More Definitions of Productivity

Productivity means the number of hours of labor required to produce a unit of goods.
Productivity as defined in ORS 427.005 means regular engagement in income-producing work, preferable competitive employment with supports and accommodations to the extent necessary, by an individual that is measured through improvements in income level, employment status, or job advancement or engagement by an individual in work contributing to a household or community.
Productivity means the efficiency with which resources are used to produce and deliver services at specified levels of quality and timeliness.
Productivity means engagement in income-producing work by a person with mental
Productivity means engagement in income-producing work by a person with mental retardation or a developmental disability which is measured through improvements in income level, employment status or job advancement or engagement by a person with mental retardation or a developmental disability in work contributing to a household or community.
Productivity means regular engagement in income-producing work, preferable compet- itive employment with supports and accommodations to the extent necessary, by a person with an intellectual disability or another developmental disability which is measured through im- provements in income level, employment status or job advancement or engagement by a person with an intellectual disability or another developmental disability in work contributing to a household or community.
Productivity means the vegetative yield produced by a unit area for a unit of time.