Introduction
The Labour Breakdown report is a vital tool within Rotaready for analysing payroll and staff costs comprehensively.
This report stands out because it reflects all associated costs, including employer taxes, as opposed to reports that merely show basic pay calculations. Below, we explore its features, data sources, usability tips, and nuances to ensure you leverage this tool to its fullest potential.
Key features of the Labour Breakdown report
Comprehensive cost analysis: The report includes employer taxes, pensions and other uplifts providing a complete picture of labour costs, unlike other reports that only factor hours worked multiplied by basic pay.
Live calculations: The Labour Breakdown report reflects updates made to holiday entitlements, break policies, and pay rules immediately, allowing for real-time accuracy.
Data sources: It utilises either scheduled shifts data or sanitised data, depending on the context in which the report is pulled.
Pay recording display: The report adjusts the pay calculations to reflect actual daily rates (for daily pay recording) or annual salary split across 365 days for annually recorded salaries.
Sign-off: This report uses live data and doesn't require sign-off, so it can be pulled ahead of a period being signed-off.
Important considerations and limitations
Use of signed-off data: The Labour Breakdown report does not rely on signed-off timesheet information, ensuring that all visible data is based on live inputs rather than finalised records.
Accuracy with employer costs: The report fully reflects employer taxes and related costs, meaning that it will match Cost Control figures. Remember that this is an indication of your full wage cost, and will not be your exact payroll cost, as this will be finalised by your payroll team.
National insurance in the 'Taxes' column: The Labour Breakdown Report includes a dedicated "Taxes" column where National Insurance contributions and other relevant taxes are displayed for clear analysis.
Troubleshooting and tips
Configuration awareness: Review how staff pay is recorded daily or annually to understand how it influences the report display.