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labor cost rates in project accounting

edited Jun 22, 2017 5:17PM in Project Management 3 comments

Summary

labor cost rates in project accounting

Content

Can you please provide me with your experience on how other companies have set their labor cost rates in project accounting? 

What have you seen? Rates by Job Class? or Department? or Employee?

Do you know how they calculate the rates?

How often are they reviewed?

Do they true up rates?

What is included in the rates? Fringe costs? Equipment costs?

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