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.
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