Budget Global Labor Premium Dollars
Labor premiums—such as overtime, shift differentials, bonuses, and special pay—are driven by job role and pay type, rather than by a single department. Labor premiums can fluctuate based on staffing shortages, volume changes, or labor agreements.
The 23 Budget Global Labor Premium Dollars (Global Labor Premium Dollars) driver provides a centralized way to budget labor premium costs—such as historical prior year actuals, current year budget, and current year YTD data—across departments by job code and pay type, without entering the dame premium values in multiple plan files.
TIP: Use a GlobalPremium filter to import data into the driver. The source for the data is the Act_Pay27 and Bud_Pay12 tables. You can save the budget values back to the BudgetXXXX(NY Budget Year)_GlobalLaborPrem table.
You can decide to enter one or both of the following options:
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Current year projected dollar amount for the remaining year
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Next year budget dollar amounts for periods 1-12 for a specific department, jobcode, and paytype combination
NOTE: The driver populates using historical data from prior- and current-year actual tables and the current year budget table.
To add new Department and Jobcode combinations to the driver, use the insertion link at the bottom of the Pay Type section before you save the driver. When you add a new Dept/Jobcode combination to a PayType section of the driver , the following salary tabs in a plan file are automatically updated with the new account using the GlobalPremium calculation method:
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Staffing
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Employee
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Jobcode
Configure settings
Before opening the driver, configure the required accounts in the ACCT dimension.
This driver uses accounts that are classified as GlobalPremium in the ACCT dimension standard line (StdLine) column. You must complete this setup before using the driver.
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Go to Admin > Admin Task Panes > Budget Admin > View Dimension Tables.
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Double-click ACCT and complete the Open Table in Spreadsheet form.
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Find the account in the Account Number column.
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Double-click the StdLine field (for example, KHAStdLine) to view the calculation method values.
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Select GlobalPremium.
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To save, right click the ACCT tab and select Save.
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NOTE: When you build plan files the system uses the current xxxStdLine configuration (Dept, KHABgtCode, KHACMDimGrp) regardless of data from previous cycles.
Configure driver settings.
- 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 values may not display, and not all drivers include refresh variable options.
Tips:
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: Budget Global Data (7-10), Global Depreciation (05), Global Expense Budget (11), and Budget Revenue Global Revenue (12).
Department selection appears for the following drivers: Budget Statistics (03), Budget Depreciation (05), Global Expense Budget (11), Global Revenue Budget (12), Budget Global Sum (20), Budget Global Labor Premium Dollars (23), Budget Labor Benchmark (24), Budget Labor Target (28), Budget Provider Simple Dept Config (36), (42) Bugdet Stat Account.
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To save any changes, right click the driver tab and select Save > Save Data Only.
Global Labor Premium Dollars configuration includes the following tasks:
