When you create a new role in Runn, you are prompted to enter an hourly default internal cost for that role:
What the hourly default internal cost will be used for:
When setting up a new employment contract for your full-time or part time employees and contractors in Runn, you are required to enter an hourly cost.
We use this cost to show you financial forecasts on the Planner and to generate client insights and project insights on your dashboard pages.
Specifically, the hourly cost is used to project Project People Costs, Gross Project Profits and Margins.
It's an important piece of information in order to get accurate forecasts out of Runn and we have provided a cost calculator for you to calculate your employee's hourly cost.
There might be cases though where you don't have a person's hourly cost information readily available and you can instead select to use the role's default cost.
To do so, head over to a person's contract and select Role cost when setting up or editing a contract:
Still have questions? We're happy to help!