Which Rate Labor Uses: Pay Rate or Charge Rate
You don't type a rate on labor rows. Buildwise fills in the rate from the person who did the work, and which rate it uses depends on the project's Contract Type.
Which rate goes on the row
| Project | Rate on the labor row |
|---|---|
| Fixed Cost | The person's pay rate for the current pay period. |
| Cost Plus | The person's charge rate on that project. |
| Lunch | Always $0, on any project. |
Give everyone a charge rate on Cost Plus projects
On the web app, a person with no charge rate on the project gets $0. Time from the mobile app uses their company Charge Rate $ instead. Check each person's charge rate on the project so the two match.
There's no overtime rate. Every hour uses the same rate.
What labor really costs you
On the Budget, Cost to Complete and Job Costing reports, Buildwise works out what labor cost you as hours × pay rate. What you charge above that counts as labor markup.
| Example: 8 hours, pay rate $30.00, charge rate $65.00 | Fixed Cost project | Cost Plus project |
|---|---|---|
| Rate on the labor row | $30.00 | $65.00 |
| Amount on the row | 8 × $30.00 = $240.00 | 8 × $65.00 = $520.00 |
| What it cost you on the reports | 8 × $30.00 = $240.00 | 8 × $30.00 = $240.00 |
To set or change rates, see Team Member Pay and Charge Rates.
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