What are Standard Pay Rates?

When a group of employees all share a common pay rate, this pay rate can be set up as a Standard Pay Rate. Standard Pay Rates are created and updated in one place (Pay Rate Tables). This enables your agency to make changes to it’s pay rates without having to update the rate for each employee individually. Standard Rates can also be created in advance and scheduled to take effect at a later date.

For Example: 30 employees are unionized. Half of the unionized employees have a regular rate of $14/hr while the other half have a regular rate of $16/hr. A Standard Rate of $14, and another Standard rate of $16, is created and assigned to the employees. The union then announces a rate increase of $2 for its members, effective three months from now.

Your employees’ assigned Standard Rates can be adjusted to match this $2 increase, and scheduled to take effect on the appropriate pay period three months from now. For more details, see What Happens to Standard Rates during a Wage Change?