Pricing of skills based on Roster Code

The examples given below illustrate the logic adopted by the system to compute the price of resources (employees)  for a service pricelist. The values used for computation are displayed in tables under the concerned attributes.

Resource Type

Resource #

Normal Rate / Hr

Pricing Method

Skills

Airframe Mechanic

100

Roster Code

Scenario: 1 Work Time Based Roster Code Pricing

Roster Code

Element

Factor

From Time

To Time

100

Monday

1.25

8:00

17:00

125

Monday

1.5

18:00

24:00

150

Tuesday

1.5

 

 

175

Wednesday

1.25

8:00

24:00

 

For example, time sheet entries exist for an Airframe Mechanic employee, Monday between 800 to 1700 Hrs; with 1.25 as the Pricing Factor, the price will be as follows:

Resource Price = No Of Hrs Worked * Normal Rate/ Hr * Factor

Rs.1125 = 9 * 100 * 1.25

Scenario: 2 Attendance Type Based  Roster Code Pricing

Roster Code

Element

Factor

From Time

To Time

100

1 OT

1.25

NA

NA

125

1 1/2 OT

1.5

NA

NA

150

2 OT

1.5

NA

NA

175

2 1/2 OT

1.25

NA

NA

For example, if time sheet entries for two OT exist for the same employee as in the previous example, the resource price is calculated as follows:

Resource Price = No Of  Hrs Worked * Normal Rate/ Hr * Factor

Rs.2700 = 18 * 100 * 1.5

Note: In the above example, nine hours of work equals one OT.