Personnel costs in ERC projects: Are you calculating them accurately?
In this video, Paul Jacobs explains that personnel costs are a major part of your ERC project budget, but are you calculating them correctly? 🟠 What you’ll learn 🔸 How to calculate daily rates 🔸 How to apply maximum declarable days 🔸 What costs are eligible 🔸 What mistakes to avoid 🟠 Chapters 00:00 Introduction 01:21 Personnel costs for employees 02:52 Eligible salary components 05:01 Converting hours into days 06:29 Maximum declarable day-equivalents 08:48 Calculating the daily rate 10:02 Calculating personnel costs 12:13 Parental leave and sick leave 14:22 End-of-contract indemnities 15:57 Simplified calendar 17:15 Key takeaways 🟠 Further resources 🔸 ERC official website https://erc.europa.eu 🔸 ERC Work Programme 2026 https://ec.europa.eu/info/funding-ten... 🔸 Information for Applicants https://ec.europa.eu/info/funding-ten... 🔸 EU Funding & Tenders Portal https://ec.europa.eu/info/funding-ten... 🔸 Horizon Europe Annotated Grant Agreement https://ec.europa.eu/info/funding-ten... 🔸 Contact ERC for grant management questions https://erc.europa.eu/support/contact... 🔸 Calculation of personnel costs in the Annotated Grant Agreement (pp 50-77) https://ec.europa.eu/info/funding-ten...
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