In smenso, hourly rates can be set both as a flat rate at project level and individually for each person. This allows costs to be calculated and tracked precisely.
Note
Editing hourly rates is only possible for people with the extended permission HR.
Setting an hourly rate for a project
A flat hourly rate for the entire project can be defined in the project settings.
- Open
Manage project>Settings - Scroll to the
Hourly ratesection - Enter the desired hourly rate
- Optional: Enable
Use individual hourly rates insteadif the individual hourly rates of team members should be used instead of the project rate
Editing hourly rates for people
Individual hourly rates for a person are managed in the workspace settings under Members.
- Open
Workspace settings>Members - Select the person and open their detail view
- Scroll to the
Hourly ratesection - Click
Editand set the new hourly rate
If the hourly rate changes over time, multiple rates with a validity period can be stored. This keeps the history of changes traceable.
Difference between project and person hourly rate
| Hourly rate type | Usage |
|---|---|
| Project hourly rate | Flat rate for the entire project. Managed in the project settings. Can be overridden by person hourly rates. |
| Person hourly rate | Individual rates per person, with history and validity periods. Managed in workspace settings under Members. |
When the option Use individual hourly rates instead is enabled, the individual hourly rates of team members take precedence over the project hourly rate.
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