Comprehensive Pay Rate System

Track team costs accurately with a comprehensive pay rate system that maintains complete rate history and supports project-specific overrides. Set base pay rates for each team member with start dates, track rate changes over time with full historical records, and override rates for specific projects when team members work at different rates for different clients or project types.

The pay rate system supports multiple currencies, handles rate changes with effective date tracking, and automatically uses the appropriate rate based on when work was performed. Project-specific rate overrides allow you to pay team members different rates for different projects—perfect for situations where a team member's rate varies by client or project type. Rate history is maintained for accurate cost calculations on historical work.

Essential for accurate cost tracking, profitability analysis, and financial reporting. Whether you're calculating project costs for billing, analyzing profitability by project, preparing financial reports, or managing teams with varying pay structures, the comprehensive pay rate system ensures accurate cost tracking that supports informed business decisions.