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Policy: Legal-financial aspects of work contracts (view source)
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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 are 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. | |||
[[Category:Policies]] | [[Category:Policies]] | ||