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Set Up a New Base Pay Rate

This video takes you through:

  • What is Base Pay Rate?
  • How to work out a Base Pay Rate amount
  • How to create a Base Pay Rate in Wagemaster/ Wage Easy Payroll application

Prefer to read instructions instead? See below...

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The Base Pay Rate is used to calculate each employee’s pay. Base Pay Rates must be setup before setting up the employee record.

To set up a new Base Pay Rate:

  1. Click Setup
  2. Click Base Pay Rates

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  3. Click Add

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  4. Enter a description and the new Base Pay Rate. (See below table on how to calculate the base pay rate)

    • Description: Enter a generic name to identify the group of workers who will be paid this rate
    • Amount: Enter the rate your worker will be paid. This will be displayed to 4 decimal points
    • Code: Leave blank as you will be using Agrimaster as your accounting system in which the code can be set
  5. Click OK.

How to work out a Base Pay Rate (Using sample pay data)

Pay Period: Fortnightly

Weekly Working Hour: 40 hours

Fortnightly Pay: $1600

 

Divide Gross Pay

$1600

By total hours for the Pay Period

      80

Base Pay Rate

    $20

 

 

Next step: Set up Departments within your business (e.g. cropping, sheep, admin)

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