Work Value definition

Work Value means a measure of the job’s worth in comparison to the relative worth of other jobs in the organisation, and is determined by the systematic analysis and evaluation of knowledge and skills, task complexity and decision accountability in a job.
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Work Value means a combination of the level of expertise, judgement and accountability that resides with a position as assessed using the ▇▇▇▇▇▇ Job Evaluation system.
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Work Value means Immediately upon notice of termination of this Contract by either Party, the Parties shall consult with one another in order to agree on the percentage of Work completed up to the date of termination. It is understood that resolution of disagreement, if any, in arriving at completed work value will be a matter of arbitration.
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Examples of Work Value in a sentence

  • Address: Contact Name: Telephone: Date of Work: Value of Work: Address: Contact Name: Telephone: Date of Work: Value of Work: If the Tender does not comply with all the requirements of the Tender Documents, the Tenderer must list below all areas of non-conformity, partial conformity or alternative offer and the reasons therefore.

  • There will be a separate Wage Skill Group 5 Year 1 Allowance rate for HASA Employees who are covered by the Stage 2 of the Aged Care Work Value case.

  • Work Value Points - The qualitative outcome from the Job Evaluation Process with a value between 0 and 820.

  • The Contractor shall ensure that the sum of the amounts of the four items shall not be less than 1% of the Work Value of the Tender (Total: Schedule A).

  • Those rates take into account the Commonwealth-funded uplift to Award pay rates from the first full pay period after 30 June 2023, as determined in the FWC Aged Care Work Value Case Stage 2 decision.

  • The Work Value Points determine the salary band for the position as detailed in Schedule 1.

  • E2 Experience in Operation and Maintenance Sr. No. Name of the Customer Address of the Installation Start Date of Project Completion Date of the Project Scope of Work Value of the project in Rupees 4 5 6 7 8 9 10 Note: 1.

  • The employer is committed to finalising the ‘Clinical Coders Work Value Review’ by 31 December 2008 and will implement the recommendations, including a career structure for clinical coders which incorporates AO3, AO4 and AO5 classifications effective from 1 September 2008.

  • The Notice of Non-Approval shall clearly identify the deficiencies in the report that caused NTI to deny its approval and shall specify the amount by which NTI proposes to reduce the Annual Exploration Work Value as a result.

  • The Parties covered by this Agreement acknowledge the decisions made by the Fair Work Commission to vary modern awards to increase the minimum wages of aged care sector workers (AM2020/99, AM2021/63, AM2021/65) (the Work Value Applications) The Employer will pay its Employees in full any increases to wages, which are determined by the Work Value Applications.


More Definitions of Work Value

Work Value means the relative size of a position in terms of role evaluation criteria.
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Work Value means the intrinsic 'value' of the role and the work undertaken, the level of influence, control and autonomy to act, and the capacity to effect business outcomes.
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Related to Work Value

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Operating parameter value means a minimum or maximum value established for a control device or process parameter that, if achieved by itself or in combination with one (1) or more other operating parameter values, determines that an owner or operator has complied with an applicable emission limit.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.