Create Job Cost Types

Explanation

This activity is used to create Job Cost Types, which should be used in Rate Agreements. The Job Cost Type needs to have the Payment Type defined as Direct or Indirect:

• Direct: Usually means the wage that is paid directly to the employee.
• Indirect: Refers to benefits that aren’t paid directly, such as pensions.

These are used, for example, to calculate the Prevailing Wage. Prevailing Wage is described in more detail in the document “About Prevailing Wage”.

All matching Rate Agreement Details with a Job Cost Type that has include in Blended Overtime Calculation set to Yes will become the base for a blended rate, which replaces the ordinary rate. To get a blended rate, a Job Cost Time Type needs to be defined as Blended Overtime with a Time Type Basis defined. Blended Overtime is described in more detail in the document “About Blended Overtime.”

Prerequisites

None

System Effects

• The Job Cost Type is available to use in rate agreements.

Pages

Job Cost Type

Activity Diagrams

BDR for Job Rate Management