How to build a prevailing wage template

Knowify helps you master prevailing wage work — without the headache. With prevailing wage templates, you can manage all your labor classifications in one place and apply them to jobs with just a few clicks. That means no more rebuilding rates from scratch every time. Here's how it works: 

Note: Prevailing wage templates are available as part of the Prevailing Wage add-on. Contact us today to explore upgrade options. 

Step 1: Go to Prevailing Wage Templates

1. Head to the Rates & Resources section of your Admin panel. (Access to this section is restricted to account Admins only.) 
2. Click on the tab for Prevailing Wage Templates.

This is where you organize your Prevailing Wage rate schedules for each jurisdiction where you do prevailing wage work, and set the roles, wage rate information, and effective dates.

Step 2: Create a New Template

1. Click the Add New button.
2. Enter the name of the template. You might want to include the year and location where this template will be applied.
3. Set the effective date range for the rate table. Most jurisdictions set their prevailing wage rates annually.
4. Add the job roles, or classifications, included in the rate table.
5. For each job role, enter the base hourly wage rate and the hourly max fringe rate. Knowify will calculate the total prevailing wage for you.
6. Click Save changes.