New Basic Hourly Rate

New Basic Hourly Rate field on the PR Craft Classes 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.

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.