Summary
This guide provides detailed instructions on how to set employee labour rates within the TimeDock platform. It outlines the process for establishing a normal rate, which serves as the default rate applicable to all time recorded by an employee. The normal rate is crucial for tracking labour costs when specific activity rates are not assigned. The guide also explains how to set activity rates, which allow for reporting on the variable monetary value of time spent based on the type of work performed. Activity rates override the normal rate and are effective from the date they are created or updated. Additionally, the guide describes how to generate timesheet and jobsheet reports that include a labour cost column, representing the monetary value of hours worked based on the established employee rates. Steps for setting both normal and activity rates are clearly outlined to facilitate accurate labour cost reporting.
