Payroll Costs means the salaries payable to employees of the Manager performing the Work at the Site.
Payroll Costs means the salaries and wages paid to all personnel engaged directly on the work plus the cost of customary and statutory benefits including social security contributions, unemployment, health, sick leave, vacation, workman's compensation, incentive and holiday pay applicable thereto.
Payroll Costs means all direct employee costs consisting of wages, employer contributions for taxes, workers' compensation insurance premiums, unemployment taxes, statutory disability, group life insurance and other similar employee benefits, provided, that the aggregate payroll taxes and all employee benefits (including medical insurance) of employees utilized during the Sale shall not exceed in any event fourteen and one-half (14-1/2%) of the applicable gross wages of such employees, and provided, further, that "Payroll Costs" shall exclude severance pay (or any other termination payment), pension or similar benefits, sick pay, holiday pay, vacation pay and retention bonuses.
Examples of Payroll Costs in a sentence
Estimated Administrative Payroll Costs - Estimated Base-Bi-weekly The State shall request funds bi-weekly for estimated payroll costs such that they are deposited in a State account not more than three business days prior to the day the State makes a payroll disbursement.
Receipts $600 Payroll Costs Payroll costs association with employment of Independent Contractors.
When a "Payroll Costs" payment is utilized it shall be computed by a multiplier factor times payroll cost plus reimbursable expenses.
If any of these services are previously authorized in writing by the Owner's Project Manager or Contract Manager, the services they shall be paid for by the Owner as a Lump Sum as prescribed in Article 2.2 or as a Multiple of Actual Payroll Costs as prescribed in Article 2.3, whichever is specified in the TA or CO.
The "Payroll Costs" means the salaries and wages paid to all personnel engaged directly on the work plus the cost of customary and statutory benefits including social security contributions, unemployment, health, sick leave, vacation, xxxxxxx'x compensation, incentive and holiday pay applicable thereto.
More Definitions of Payroll Costs
Payroll Costs means, with respect to an employee, all of the following payroll costs paid or incurred57 during the Covered Period or Alternative Payroll Covered Period and paid by a borrower on or before the next regular payroll date, even if the payroll date is after the Covered Period or Alternative Payroll Covered Period:
Payroll Costs means Direct Payroll Costs, Indirect Payroll Costs, Out-of-Pocket Expenses and any other fees and expenses reasonably allocable to the services provided by the Leased Employees to the G International Entities. For any Leased Employee, the Payroll Costs may consist of a portion of Direct Payroll Costs, Indirect Payroll Costs and Out-of-Pocket Expenses associated with such Leased Employee as reasonably determined by GXS in good faith to reflect an equitable sharing of the costs associated with such Leased Employee based on the facts and circumstances, including, without limitation, the time spent by the Leased Employee on matters relating to the business of the G International Entities.
Payroll Costs means business expenses during the COVID-19 emergency that may include but are not limited to:
Payroll Costs means the sum of salary, wages, paid time off (vacation, parental, medical or sick leave and severance), group health care benefits (only the portion that is paid by the practice onbehalf of employees), payment of any retirement benefit (e.g. employer contribution on any retirement plan), and payment of state or local tax assessed on the compensation of employees. However, the compensation of an individual employee in excess of an annual salary of $100,000 shall not be included in the calculation of the maximum loan amount. Further, it does not include employer paid FICA taxes or taxes withheld on behalf of the employee for the payment of income or FICA taxes.
Payroll Costs means any compensation with respect to employees that is a (a) salary, wage, commission, or similar compensation; (b) payment of cash tips or equivalent; (c) payment for vacation, parental, family, medical, or sick leave; (d) allowance for dismissal or separation; (e) payment required for the provisions of group healthcare benefits, including insurance premiums; (f) payment of any retirement benefits; (g) payment of State or local tax assessed on the compensation of employees. Payments of compensation to or income of a sole proprietor or independent contractor that is a wage, commission, income, or net earnings, or similar compensation that is not more than $100,000 in one year is also included in the definition of “payroll costs”. “Payroll costs” specifically exclude costs relating to (a) the compensation of an individual with an annual salary in excess of $100,000; (b) certain taxes imposed or withheld; (c) compensation of any employee whose principal place of residence is outside of the United States; (d) qualified sick leave wages for which a credit is allowed under the Families First Act; and (e) qualified family leave for which a credit is allowed under the Families First Act. There are special considerations made for seasonal employers.
Payroll Costs means (aa) the sum of payments of any compensation with respect to employees that is a (AA) salary, wage, commission, or similar compensation; (BB) payment of cash tip or equivalent; (CC) payment for vacation, parental, family, medical, or sick leave; (DD) allowance for dismissal or separation; (EE) payment required for the provisions of group health care benefits, including insurance premiums; (FF) payment of any retirement benefit; or (GG) payment of State or local tax assessed on the compensation of employees; and (bb) the sum of payments of any compensation to or income of a sole proprietor or independent contractor that is a wage, commission, income, net earnings from self-employment, or similar compensation and that is in an amount that is not more than $100,000 in 1 year, as prorated for the Covered Period; and (II) shall not include (aa) the compensation of an individual employee in excess of an annual salary of $100,000, as prorated for the Covered Period; (bb) taxes imposed or withheld under chapters 21, 22, or 24 of the Internal Revenue Code of 1986 during the Covered Period; (cc) any compensation of an employee whose principal place of residence is outside of the United States; (dd) qualified sick leave wages for which a credit is allowed under section 7001 of the Families First Coronavirus Response Act (Public Law 116–127); or (ee) qualified family leave wages for which a credit is allowed under section 7003 of the Families First Coronavirus Response Act (Public Law 116–127).
Payroll Costs has the meaning given in Paragraph 2.1 of Schedule 7 (Provision of Support to the SLC);