wage cost definition

wage cost means the total amount actually payable by the beneficiary of the aid in respect of the employment concerned, comprising over a defined period of time the gross wage before tax and compulsory contributions such as social security, child care and parent care costs;
wage cost means the total amount actually payable by the beneficiary of the aid in respect of the employment concerned, comprising:
wage cost means the hourly amount paid by the Licensor to the consultant or employee providing the specific services required pursuant to Section 4.1(a) hereto, which will be the ordinary rate paid by the Licensor to the consultant or employee and not more than market rates, determined reasonably by the Licensor.

More Definitions of wage cost

wage cost means the hourly amount paid by the Supplier to the consultant or employee for the period of time taken to prepare the specific Product in question, which will be the ordinary rate paid by the Supplier to the consultant or employee and not more than market rates, determined reasonably by the Supplier.