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Policy: Legal-financial aspects of work contracts: Difference between revisions
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Policy: Legal-financial aspects of work contracts (view source)
Revision as of 00:55, 18 June 2021
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* [[Gentlemen's' Agreement]]: considered as a welcoming letter referring to a minimum monthly payment without contractual bond | * [[Gentlemen's' Agreement]]: considered as a welcoming letter referring to a minimum monthly payment without contractual bond | ||
* [[Policy: Signing a Contract with Future Worlds Center|Working Contract]]: specific project-task related contract | * [[Policy: Signing a Contract with Future Worlds Center|Working Contract]]: specific project-task related contract | ||
<P Align="justify">All individuals have option and responsibility to inform themselves about work related right:</p> | |||
====Contact Person==== | |||
The contact person for work related rights and responsibilities within the organization is the Financial Director | |||
====Links to national regulations==== | |||
* http://www.mlsi.gov.cy/mlsi/dl/dl.nsf/All/81BA62406AB06618C22580A50026B974/$file/Employment%20Guide.pdf | |||
* https://www.eurofound.europa.eu/publications/report/2009/working-time-in-the-european-union-cyprus | |||
* https://www.mondaq.com/cyprus/employment-and-hr/828546/labour-and-employment-comparative-guide | |||
==Financial Aspects== | ==Financial Aspects== | ||
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|- | |- | ||
|Project Coordinator-Global Education Unit | |Project Coordinator-Global Education Unit | ||
|<P Align="center"> | |<P Align="center">36.00</p> | ||
|- | |- | ||
|Project Coordinator-Humanitarian Affairs Unit | |Project Coordinator-Humanitarian Affairs Unit | ||
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|- | |- | ||
|Project Coordinator-Global Education Unit-no experience | |Project Coordinator-Global Education Unit-no experience | ||
|<P Align="center"> | |<P Align="center">28.00</p> | ||
|- | |- | ||
|Project Coordinator-Humanitarian Affairs Unit-no experience | |Project Coordinator-Humanitarian Affairs Unit-no experience | ||
|<P Align="center"> | |<P Align="center">28.00</p> | ||
|- | |- | ||
|Research Scientist-New Media Lab Unit | |Research Scientist-New Media Lab Unit | ||
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|- | |- | ||
|Project Assistant/Administrator-Global Education Unit | |Project Assistant/Administrator-Global Education Unit | ||
|<P Align="center"> | |<P Align="center">26.00</p> | ||
|- | |- | ||
|Project Assistant/Administrator-Humanitarian Affairs Unit | |Project Assistant/Administrator-Humanitarian Affairs Unit | ||
|<P Align="center"> | |<P Align="center">26.00</p> | ||
|- | |- | ||
|Head of the Financial Unit | |Head of the Financial Unit | ||
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===Monthly | ===Monthly Payments=== | ||
<P Align="justify">In order to release project payments , every [[Associate|associate]] has to submit timesheet showing the actual hours worked on each and every project (or project task) in which s/he is involved. The payment is calculated based on the information of the the submitted timesheet taken into account the rate and the definition of the personnel cost calculation set in the [[Policy: Signing a Contract with Future Worlds Center|Working Contract]]. Release of project payments on account can take place upon the request of the [[Associate|associate]] or as agreed in the [[Gentlemen's' Agreement]], but the circumstances must be recorded on the Contract Amendment.</p> | <P Align="justify">In order to release project payments, every [[Associate|associate]] has to submit timesheet showing the actual hours worked on each and every project (or project task) in which s/he is involved. The payment is calculated based on the information of the the submitted timesheet taken into account the rate and the definition of the personnel cost calculation set in the [[Policy: Signing a Contract with Future Worlds Center|Working Contract]]. Release of project payments on account can take place upon the request of the [[Associate|associate]] or as agreed in the [[Gentlemen's' Agreement]], but the circumstances must be recorded on the Contract Amendment.</p> | ||
===Internal Calculation of Indirect Expenses=== | |||
The total of indirect costs for the operation of the organization is distributed across all running projects equally, unless there is a Board Decision to act in a different way. Exceptions or reductions in contributing towards indirect costs are possible for small projects and for projects which are of high importance and priority for the overall vision and aims of the organization. In those cases where a project allows what is usually considered an ''indirect cost'' to be charged as ''direct cost'' (communications/ phone/ internet/ stationery etc), then this part is calculated as a percentage of the time allocation of individuals working in the particular project divided by the total hours of that project. | |||
[[Category:Policies]] | [[Category:Policies]] | ||
