Setting Up Rates
Rates allow you to select a specific rate of pay that employees working
this job are to receive.
Rate Definitions
The following rates can be assigned to a job:
Employee Rate-- Any employee working
on this job will receive an extra percentage on top of their base pay.
Example: The formula is set to "Employee Base Rate x 1.5
x Job." The
employee will receive an extra time-and-a-half on top of their base rate
of pay for every hour worked on this job.
Flat Rate-- Any
employee working on this job will receive the specified hourly pay rate.
Example: The formula is set
to "12.00." Any
employee working on this job will receive twelve dollars an hour.
Flat Amount-- Any employee working on
this job will receive the specified dollar amount regardless of the number
of hours worked.
Example: The formula is set to "65.00." Any
employee working on this job will receive a flat amount of $65.00, regardless
of the number of hours worked.
Employee Qty Rate-- An employee's base
rate of pay is multiplied by the number of finished pieces, which is then
multiplied by the specified number.
Example: The formula is set to "Employee Base Rate
x Qty x 2." An
employee's base rate of pay is $10.00 an hour. The
employee enters a quantity of "4" at the time clock. The
employee will receive $80.00.
Pay by Performance-- An employee working
this job will receive the specified dollar amount for every specified
quantity. This
option will only be available if the "Allow Tracking of Quantities"
has been enabled.
Example: The formula is set to "01.00" for every 10
pieces. If
the employee produces 100 pieces, they will receive $10.00." If
the same employee produced 110 pieces, they would receive $11.00."
Entering a Rate
Select
"Rates" from the Pay Rates
section of the screen.
Click
on the Add Rate icon. The
"Rate Info" screen opens.
From
the Rate Type drop-down menu,
select the desired type.
In
the Formula fields, enter the
appropriate rate formula (see the "Rate Definitions" section
above).
Click
on the [ADD] icon to add the rate.
Multiple rates can be added
for each job. The
existing rates are displayed in the Pay
Rates section of the screen. To
remove a rate from the job, click on the icon.
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