The Scheduling tool uses labor overhead information you enter to calculate and display your total labor costs. To ensure accuracy in the schedule's labor cost figures, you must tell SpeedLine the value of taxes, employee benefits, and any other labor costs that are added to wages.
To Account for Additional Labor Costs:
- Click the Settings tab and then click the People group.
- Click Scheduling Options
and then click the Labor Overhead tab. The information you enter here will be used in the labor sections of the day report and displayed on the scheduling screens. - Click the Add
button to add a Labor Overhead entry.
- Enter a Caption and then choose a Type of Overhead (Percent or Amount Per Day), and the Value. The Amount per Day value is a total for all employees.
In the example shown above, labor taxes would be 7% of your hourly labor cost, while the total employee benefits are $50 per day. So, if you pay $1000 wages for 2 days of labor, your labor overhead for that period would be calculated as ($50 X 2) + (7% of $1000)= $1170.
- On the Edit menu, click Save Changes.
- Go to Step 2: Set Labor Goals.