BMLABMNT Bill of Material Labor Grade

BMLABMNT Bill of Material Labor Grade

Labor Grade

Run Instructions

 

Select Labor Grade File from the pull down BOMP Maintenance window.  The following screen will be displayed:

           



 

Labor Grade Maintenance Screen

 

Labor Grade is used to estimate the hourly rate of a level of labor.  The system will use this rate to calculate labor cost for each work order.

 

Entry Field Descriptions

 

Name

Type and Description

1. Labor Grade

2 alpha-numeric characters.

Labor Grade for a labor level.

2. Description

30 alpha-numeric characters.

Description of the Labor Grade.

3. Current Rate

13 numeric digits with 6 decimal places and an optional minus sign.

Current labor rate of the labor grade.  This rate should be a little higher than the average salary of this level if labor insurance, benefits, etc. are part of the labor cost. The basic rule of thumb is to use 10% more than the average salary.

Last Rate

13 numeric digits with 6 decimal places and an optional minus sign.  Display only.

This is the rate prior to the current rate.

Last Change

A standard date format and an Elliott User ID.  Display only.

This is the date this labor grade was changed and the Elliott User who changed it.

 

There are 2 BOMP Global Setup fields requiring a Labor Grade for a default value. Remember to set them after creating new labor grades.