Entering regular labor employees Follow

Regular labor employees are members of your team whose salaries are part of your overhead expenses. For more details, see What is the difference between direct labor and regular labor?

 

Adding regular labor employees

  1. Click on the Forecast tab, and click Personnel:
    Forecast_tab_personnel.png
  2. Click the Add Personnel button:
    Add_personnel_button.png
  3. Select whether you're adding an individual employee or a group of employees:

    Individual_or_group.png

    • If you chose Group of employees, enter the number of full-time equivalents (FTEs) you'll be hiring. If this number will be constant during the period of your forecast, select Constant number. If the number of employees will vary during the forecast period, select Varying numbers:

  4. Enter a name for the hire (or group of hires) or just a short description, if you prefer:
    namehires.png#asset:1696

  5. Click Next.
  6. Choose Regular labor, then click Next:
    Regular_labor.png

  7. Choose whether you will pay them the same amount each period or a varying amount:
    Regular_labor_constant_salary.png

    • If you chose Constant amount, enter the amount you'll pay them either per month or per year:
      payperemployee.png#asset:1137
      Note: Enter the salary you expect to pay for a single full-time individual in this group. LivePlan will multiply this amount by the total number of staff in the group.

      Then indicate when the employee(s) will start:
      When_start_personnel.png
      And, indicate whether you want to include annual raises (and if so, what percent):
      Personnel_annual_raise.png
    • If you chose Varying amounts over time, enter the salary you expect to pay for a single full-time individual in this group. If you are adding a group of employees, we will multiply that single salary by the total number of staff in the group:
      varying_amounts_personnel_pay.png
      Note: You do not need to answer the questions about start date or annual raises if you choose this option, because you will be manually entering them instead of having LivePlan calculate them.
  8. Click Next.
  9. Indicate whether these are on-staff or contract employees. Then click Save & Close:
    On_staff_or_contract_employee.png

 

 

More on personnel:

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