Field Definitions: PR Craft Class Templates Form

The following is a list of field descriptions for the PR Craft Class Templates form. Many of the descriptions include links to other topics that provide additional information about or related to the topic.

Override Class Prevailing Wage

Override Class Prevailing Wage check box on the PR Craft Class Templates form, Info tab.

This check box is enabled only if you have set up capped codes for the craft in PR Crafts.

Select this check box to override the prevailing wage calculation method and rates specified for the craft/class in PR Craft Classes. The system will use the override calculation method and rates for employees working under the specified craft/class whose timecards reference the job associated with the craft template.

If you do not select this check box, the system will use the prevailing wage calculation method and rates specified for the craft/class in PR Craft Classes.

Calculation Method

Calculation Method drop-down on the PR Craft Class Templates form, Info tab.

This field is enabled only if you have set up capped codes for the craft in PR Crafts.

From the drop-down list, select the calculation method for this craft/class/template.

Note: If the craft for this class has one or more liability capped codes set up in PR Crafts, the system will only allow a calculation method of Standard.

  • Standard - Traditional overtime (OT) calculation where Prevailing Hourly Rate is factored up and combined with standard un-factored Prevailing Fringe Benefit Rate as a basis for determining the hourly amount of Cash Fringe to be provided above the employees normal overtime earnings and bona fide fringes.

  • Cash Fringe Factored - A calculation method where all cash paid, including hourly cash fringe amounts, will be factored equally to determine hourly overtime cash fringe amounts to be paid necessary to match a prevailing wage total hourly rate.

  • Generous Fringe Benefit Pkg #1 - A method of calculation typically used when the employee bona fide benefit package exceeds the minimal prevailing wage fringe benefit rate. With this method, overtime calculations will continue to utilize the full fringe benefit hourly rate, including any cash fringe hourly rates determined to be paid, throughout prevailing wage calculations involving overtime hours.

  • Generous Fringe Benefit Pkg #2 - A method of calculation typically used when the employee bona fide benefit package exceeds the minimal prevailing wage fringe benefit rate. With this method, overtime calculations will continue to utilize the bona fide fringe benefit hourly rate, excluding any cash fringe rates, throughout prevailing wage calculations involving overtime hours.

  • Constant Fringe Benefit Rate - Straight time cash fringe benefit hourly rate will remain constant and the same constant rate will be included in an employee’s hourly rate regardless of the earnings factor for overtime. This calculation method has been associated with earnings packages where employees actual earnings were typically stronger than the prevailing wage hourly rate but often without associated bona fide fringe benefits.

Old Basic Hourly Rate

Old Basic Hourly Rate field on the PR Craft Class Templates form, Info tab.

This field is enabled only if you set up capped codes for the craft in PR Crafts AND you selected a calculation method other than Cash Fringe Factored for the craft/class/template.

Prevailing wage rates, including the Basic Hourly Rate, the Fringe Benefit Rate, and when combined, the Total Prevailing Wage Rate, are determined by various labor organizations and published in documents establishing Prevailing Wage regulations. If appropriate, enter a Basic Hourly Rate retrieved from such a document. See the Prevailing Wage Calculations chart to see how the value is used once entered in this field.

New Basic Hourly Rate

New Basic Hourly Rate field on the PR Craft Class Templates form, Info tab.

This field is enabled only if you set up capped codes for the craft in PR Crafts AND you selected a calculation method other than Cash Fringe Factored for the craft/class/template.

Prevailing wage rates, including the Basic Hourly Rate, the Fringe Benefit Rate, and when combined, the Total Prevailing Wage Rate, are determined by various labor organizations and published in documents establishing Prevailing Wage regulations. If appropriate, enter a Basic Hourly Rate retrieved from such a document. See the Prevailing Wage Calculations chart to see how the value is used once entered in this field.

Old Fringe Benefit Rate

Old Fringe Benefit Rate field on the PR Craft Class Templates form, Info tab.

This field is enabled only if you set up capped codes for the craft in PR Crafts AND you selected a calculation method other than Cash Fringe Factored for the craft/class/template.

Prevailing wage rates, including the Basic Hourly Rate, the Fringe Benefit Rate, and when combined, the Total Prevailing Wage Rate, are determined by various labor organizations and published in documents establishing Prevailing Wage regulations. If appropriate, enter a Fringe Benefit Rate retrieved from such a document. See the Prevailing Wage Calculations chart to see how the value is used once entered in this field.

New Fringe Benefit Rate

New Fringe Benefit Rate field on the PR Craft Class Templates form, Info tab.

This field is enabled only if you set up capped codes for the craft in PR Crafts AND you selected a calculation method other than Cash Fringe Factored for the craft/class/template.

Prevailing wage rates, including the Basic Hourly Rate, the Fringe Benefit Rate, and when combined, the Total Prevailing Wage Rate, are determined by various labor organizations and published in documents establishing Prevailing Wage regulations. If appropriate, enter a Fringe Benefit Rate retrieved from such a document. See the Prevailing Wage Calculations chart to see how the value is used once entered in this field.

Old Total Wage Rate

Old Total Wage Rate field on the PR Craft Class Templates form, Info tab.

This field is enabled only if you have set up capped codes for the craft in PR Crafts AND you selected Cash Fringe Factored as the calculation method for the craft/class/template.

Prevailing wage rates, including the Basic Hourly Rate, the Fringe Benefit Rate, and when combined, the Total Prevailing Wage Rate, are determined by various labor organizations and published in documents establishing Prevailing Wage regulations. If appropriate, enter a Total Wage Rate retrieved from such a document. See the Prevailing Wage Calculations chart to see how the value is used once entered in this field.

For craft/class/templates with a calculation method other than Cash Fringe Factored, this field is disabled and displays the total of the Old Basic Hourly Rate and Old Fringe Benefit Rate fields.

New Total Wage Rate

New Total Wage Rate field on the PR Craft Class Templates form, Info tab.

This field is enabled only if you have set up capped codes for the craft in PR Crafts AND you selected Cash Fringe Factored as the calculation method for the craft/class/template.

Prevailing wage rates, including the Basic Hourly Rate, the Fringe Benefit Rate, and when combined, the Total Prevailing Wage Rate, are determined by various labor organizations and published in documents establishing Prevailing Wage regulations. If appropriate, enter a Total Wage Rate retrieved from such a document. See the Prevailing Wage Calculations chart to see how the value is used once entered in this field.

For craft/class/templates with a calculation method other than Cash Fringe Factored, this field is disabled and displays the total of the New Basic Hourly Rate and New Fringe Benefit Rate fields.