Friday, 7 February 2014

Productive time

As forecast last September, the H2020 grant agreement provides an option for calculating the hourly rate of personnel by dividing the annual cost of a person by 1720 hours per year (“productive hours”). This is quite a high figure, especially if working time is 7 or 7.5 hours per day, and can lead to under recovery of costs of 5-15%. Its advantage is that it will not be subject to audit.

Two alternatives to 1720 hours are offered. One is to calculate productive time for each person individually, which many organisations did in FP7. The other is to use the organisation’s own standard for productive hours. Here the EC has introduced a novel feature, called workable time, which equals 365 days minus weekends and minus holidays, personal and public. Standard productive hours must be no less than 90% of workable hours. These two methods can be audited by the EC.

Regards
Singleimage - FP7 & H2020 Training Workshops and Advice