Cost Rates

The cost rate of a team member is the hourly amount of money she earns when working on the Folio's Scope. A team member can have various cost rates over time. Cost rates are managed in Team member details panel, in the Cost Rates table.

Cost Rates in the table are sorted by their effective date. Each cost rate entry holds two pieces of information: an effective date and an hourly amount. Each team member must have at least one cost rate defined.

Effective date

Date at which this cost rate becomes effective. The cost rate remains effective until the next one becomes effective or until the Folio's end date if no other cost rate is defined for the member in this Folio. If a cost rate is currently effective, it is shown in bold in the table and an arrow ( > ) appears on the left.

 

Only one cost rate can be effective for a specific time frame per team member in a given Folio.


Cost Rate

Amount of money that is paid to the team member for each hour worked on the Folio's issues.

Adding a Cost Rate

To add a cost rate to a team member, click on the Add Cost Rate button in the top right corner of the Cost Rates section located in the Team member details panel. Save your changes by typing return or by clicking anywhere on the page.

Required Parameters
Effective dateDate on which the cost rate becomes effective.
Cost RateAmount of money that is paid to the team member for each hour worked on the Folio's issues.
Must be positive

Editing a Cost Rate

To edit a cost rate, click on the cost rate row of the Cost Rates table. Save changes by typing return or clicking anywhere in the page.

The effective date of a cost rate that is associated with manually entered worked hours cannot be changed to be an earlier date. This rule does not apply on worked hours that are synchronized with JIRA's Worklogs.

Deleting a Cost Rate

To delete a cost rate, click the trash icon on the row of the Cost Rates table you want to delete.

At least one cost rate needs to be defined for each team member. Thus no trash icon will appear in the Cost Rates table if only one cost rate remains.