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.