Setting up rate cards

Rate cards are predefined lists that outline rates for specific job profiles, making it easier to provide consistency in managing compensation. They capture data on rates that refer to any combination of job profiles, business sites, and suppliers.

Hiring managers can use this information when they set rates on job postings. For example, suggested rates display when a user selects a job profile or location that matches those outlined in a rate card.

Each rate card links to only one job profile, but it can include multiple rates, such as bill rate, pay rate, overtime, double time, and so on.

Before you begin

  • You must have administrator access to Professional.

  • Define rates before configuring rate cards. For more information, see Defining rates.

Steps

To set up a rate card, complete these steps from any supported browser.

  1. Log in to Professional.

  2. From the left navigation, go to Settings  Engagements. The Job Catalog tab displays.

  3. Select the Rate Cards tab.

  4. From the upper right of the rate cards table, select Add. The Rate Card Details dialog displays.

  5. Enter a name in the Name field.

  6. In the Reference code field, reenter your rate name replacing spaces with hyphens. Entering the rate code in this format makes it easier to find and reference in import templates.

  7. Select the job profile you want to link to your rate card.

  8. Optional: To create a location-specific rate, select one or more business sites or enter a remote work address. If you want the rate card to apply to all business sites, leave the selection empty.

  9. Optional: To create a supplier-specific rate, select the supplier you want to link to this rate card. If you want the rate card to apply to all suppliers, leave the selection empty.

  10. Enter values for the rate fields that apply to the rate card you’re setting up.

    • For static rates, such as bill rate and pay rate, use the selection lists to populate the Currency and Frequency fields, and then populate the Amount field.

    • For formula rates, such as overtime and double time, use the selection list to populate the Rate field, then populate the Multiplier field.

  11. Select Submit to add the new rate card and return to the Rate Cards table.