Budget Labor Rates

The 14 Budget Labor Rates (Labor Rates) driver defines how wage rates increase for employees. Use this driver to apply rate increases across the organization or for specific budget groups and departments.

You can apply increases by:

• Job code A code that identifies a specific job role or position. Job codes are used to group employees and apply labor, pay, and reporting rules. Job codes are defined in the JOBCODE dimension.

• Job class

• Step

The driver supports two types of wage-rate increases:

• Annual Merit – Applies standard annual increases based on employee effective dates. If no employee match is found, the system uses the default merit month.
• Market Adjustments – Apply additional wage increases in a specified month. Use market adjustments when employees require increases beyond standard annual merit increases. You can define up to two market adjustments.

The system applies the most specific matching rule available. For example:

• Department rules override global rules

• Job code rules override job class rules

• Step rules override general job code or job class rules

Use broader rules for organization-wide increases, then add more specific rules as needed.

NOTE: If the Employee List (Empl_List) contains employee review dates, JobCode and Staffing tabs apply merit increases based on those review dates. Otherwise, merit increases are applied in the first fiscal period.

Configure settings

1. Go to Admin > Admin Task Panes > Budget Admin > Budget Assumptions and double click the desired driver set:
   • Access NY Budget Assumptions (next year's budget drivers)
   • Access CY Budget Assumptions (current year's budget drivers)

   • Choose the refresh variables.

     NOTE: Refresh variable selection depends on the driver's requirements. Some variables may not display, and not all drivers include refresh variable options.

     

     TIP: When refresh variables require a standard line, you must select at least one. If none are selected, the OK button is disabled.

     

     • KHAStdLine is the default for the following drivers: 7-10 Budget Global Data, 05 Global Depreciation, 11 Global Expense Budget, and 12 Budget Revenue Global Revenue.

     • Department selection appears for the following drivers: 03 Budget Statistics, 05 Budget Depreciation, 11 Global Expense Budget, 12 Global Revenue Budget, 14 Budget Labor Rates, 20 Budget Global Sum, 23 Budget Global Labor Premium Dollars, 24 Budget Labor Benchmark, 28 Budget Labor Target, 36 Budget Provider Simple Dept Config, 42 Bugdet Stat Account.

2. To save any changes, right click the driver tab and select Save > Save Data Only.

Budget Labor Rate driver configuration includes the following topics:

• Configure labor rates settings

• Configure merit and market adjustments

• Configure step increases

• Labor rate calculation hierarchy

• Labor rate integration with Empl_List