Advantages
Automatically identify hourly rates and rate increases by fields such as shift code and pay grade
Restrict values entered by department managers to eliminate potential data entry errors, eg prevent overtime hours from exceeding a predetermined percent of paid hours
Employee data populated automatically
Historical data populated automatically
Targeted staffing levels used to guide the manager in establishing an acceptable labour budget
Automatic alerts where targets exceeded.
Budget Manager provides flexibility to develop your labour budget at the employee level, labour class (job code) level, or GL account level.
The following worksheet shows budget hours and dollars by employee, with employee data automatically populated by Budget Manager.
