Atto's job codes and job pay rates simplify compensation tracking for specific tasks and projects. Here's a breakdown of what they are and how to use them:
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Job Pay Rates: The hourly or salary rates assigned to employees for specific tasks, linked to job codes.
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Job Codes: Codes used to categorize different types of work done by your team.
Setting Up Job Pay Rates:
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Open Settings: Head to 'Pay Rate'.
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Select a Team Member: Choose whom to set a job-specific rate for.
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Turn On Pay Rate: Make sure it's enabled.
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Add a Job Pay Rate: Click this option.
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Choose a Job Code: Select the task or project.
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Enter Details: Specify the hourly rate and start date.
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Save: Confirm your setup.
Important Notes:
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A default pay rate must be set before you can add job-specific pay rates.
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You can set multiple job pay rates for each employee, each associated with different job codes.
Managing Job Pay Rates:
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Edit: Update job pay rates as needed to reflect compensation changes.
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Update: Easily change which job codes are connected to specific pay rates to keep track of project costs accurately.
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Delete: Remove old rates to keep your pay rate data current.
Benefits of Using Job Codes and Pay Rates Together:
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Task-Specific Compensation: Pay team members accurately based on the job code they work on.
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Clear Cost Analysis: Helps you see what projects cost in terms of labor.
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Better Project Tracking: Offers insights into budgeting and financial planning for tasks.
By using Atto for job codes and pay rates, you streamline how you pay your team and get valuable insights for managing your projects efficiently.