What is the Rate Library?
The rate library is a list of ready to use pay templates that apply to specific roles, the employment basis and experience level of an employee structured by the industries standard. These pre-set pay templates allow you to insert a base hourly rate (ordinary hours rate) and will automatically calculate and apply multipliers to penalty, overtime and public holiday rates, as well as any applicable allowances.
You can use multiple rates from the library across your team and are allowed to apply the same rate to any number of employees you choose. All the pay templates found in our rate library can be used to automatically setup an employee's rate in your payroll system, saving you time on admin and payroll set up.
How to assign a rate to an employee
Go to Employees
Select an employee
Select Pay Rates
Select Rate Library
Select the rate template applicable to your employee
Read and acknowledge the notice
Insert an hourly base rate
Now all rates applicable to the template you selected will be automatically calculated scaling from the base hourly rate you entered.
Scroll down and select Save Changes to proceed