Europa Media Trainings

Master of Finance: Personnel costs calculation in Horizon Europe and Horizon 2020

Finance series

This is the second part of our Master of Finance Series, consisting of 3 parts.

Check here Part 1 and Part 3.

Date Time Duration
23 Jun 10:00 CEST 90+30 min
  • How to turn the salary costs into an eligible hourly rate?
  • What’s the difference between financial year-, and monthly-based calculation?
  • Which one should you choose?
  • Additional remuneration or bonuses?
  • Employees or consultants? 
  • How to turn the salary costs into an eligible hourly rate?
  • What’s the difference between financial year-, and monthly-based calculation?
  • Which one should you choose? Additional remuneration or bonuses? Employees or consultants?

Find all the answers while taking part in Part 2 of our Finance Master series!

Topics covered:

  • Who and when can be charged to the project?
  • Actual or unit-based personnel costs calculation – so what?
  • Identifying eligible salary costs
  • Calculation routes – monthly or yearly?
  • Productive hours – should I accept 1720?
  • Freelancers and temporary employees
  • Secondment – what is the added value?
  • What makes a timesheet bulletproof?

Who we are

Europa Media is Europe's leading provider of practice-driven training courses on developing and managing projects under the EU's research and innovation programmes since FP5. Over the past 20 years, our team has been directly involved in writing successful proposals and coordinating and managing projects. Under Horizon 2020, we have been involved in over 20 projects as coordinators and partners. Our training courses are designed based on this direct experience we have from our own proposals and projects. They are therefore quite hands-on with real-life examples and stories. This practical approach has attracted over 10,000 participants to our training courses from all over the world in the past 15 years.

The speaker

Gábor Kitley has managed and coordinated research and innovation projects under the Framework Programmes since FP5. He has also developed and implemented projects under the Intelligent Energy Europe and LIFE programmes. He is an expert on the financial issues of EU funded projects. He supported numerous organisations participating in FP7 and Horizon 2020 projects in preparing their financial reports and in setting up and improving their administrative and financial systems to ensure an effective management of their projects. The system he has developed for administering EU projects successfully survived six EC audits in the past. He is sharing his up-to-date project development and management experience collected in the past 17 years at Europa Media’s training courses.

Gábor’s experience in EU research and innovation projects cover the topics of energy efficiency in buildings, renewable energy, regional development, water management, decision-support systems, sustainable tourism, geothermal heating and training and capacity building. He graduated from Eötvös Loránd University, Budapest, as a geologist with a second master degree in Environmental Law.