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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 07:10, 17 August 2012
, 17 August 2012→Productive Hours
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===Productive Hours=== | ===Productive Hours=== | ||
The | Due to the fact that every associate is directly hired to fulfil certain project activities, every hour reported by the associate and therefore paid out is considered productive. Nevertheless, there is an established maximum number of hours in a year that can be charged to the organization, unless the Board decides under specific circumstances otherwise. The maximum annual productive hours of associates are calculated as follows: | ||
1. Calendar days per year minus weekends: 260 (52 weeks * 5 days per week) | |||
2. Allowed Annual holidays (in n° of days): 5 | |||
3. Recognized Statutory holidays (in nº of days): 15 | |||
4. Others (i.e. illness etc.) (in n° of days): 0 | |||
5. Productive days per year (1.-2.-3.-4.): 240 | |||
6. Working hours per day: 7 | |||
7. Annual working hours (1.* 6.): 1,820 | |||
8. Productive hours per year (5.* 6.): 1,680 | |||
9. Productive hours per month: 140 | |||
Although the productive hours calculation is unified for the whole organization, the calculation of the personnel cost can be vary per project due to the different time commitment definition applied by the funding organization such as in European „Commission programs. | |||
====Personnel cost based on Man-month==== | ====Personnel cost based on Man-month==== | ||
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The above principles must be implemented in case of pro-rata calculation. | The above principles must be implemented in case of pro-rata calculation. | ||
===Rates=== | ===Rates=== | ||
