Hourly Rates

Set hourly rates for each team member to power labor cost calculations in timesheets and job profitability reports.

Setting Hourly Rates

1. Go to Settings and find the Hourly Rates section.
2. Each team member is listed with their current hourly rate.
3. Enter or update the hourly rate for each team member.
4. Click Save.

Hourly rates are used internally for cost calculations — they are not visible to team members or customers.

How Hourly Rates Are Used

Hourly rates feed into several areas of the app:

• Timesheet reports — the Labor Cost report multiplies hours worked by hourly rate to calculate labor costs per member, per job, and per time period.
• Job profitability — when a job has timesheet entries, the labor cost (hours x rate) is compared against the job’s revenue to show profit margins.
• Overtime calculations — overtime hours are calculated at 1.5x the base hourly rate in cost reports.

Tips

• Update rates when they change — if you give a team member a raise, update their hourly rate so reports stay accurate.
• Use realistic rates — include the full cost of employment (not just the wage) for more accurate job profitability numbers.

Related

• Timesheet Reports — labor cost and profitability reports
• Overtime Tracking — how overtime rates are calculated
• Team — managing team members