Difference between revisions of "Compensation"

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“Compensation” means the total amount of wages, salary, bonuses, deferred compensation and employer contributions to defined contribution pension plans for the fiscal year, whether paid, earned, or otherwise accruing, as recorded in the contractor’s cost accounting records for the fiscal year.<ref>FAR 31.205-6(p)</ref>
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“Compensation” means the total amount of wages, salary, bonuses, deferred compensation and employer contributions to defined contribution pension plans for the fiscal year, whether paid, earned, or otherwise accruing, as recorded in the contractor’s cost accounting records for the [[Fiscal Year]].<ref>FAR 31.205-6(p)</ref>
  
 
==References and Notes==
 
==References and Notes==

Revision as of 08:34, 26 September 2013

“Compensation” means the total amount of wages, salary, bonuses, deferred compensation and employer contributions to defined contribution pension plans for the fiscal year, whether paid, earned, or otherwise accruing, as recorded in the contractor’s cost accounting records for the Fiscal Year.[1]

References and Notes

  1. FAR 31.205-6(p)