Calculation Method

Calculation Method drop-down on the PR Craft Classes 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.

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.