How do I set up Premiums?

The following 1 min 23 sec clip shows you how to create a new Premium:

PremiumsClosed A premium is applied to a pay or bill rate to either enhance or diminish it can enhance or diminish the pay and bill rates. Using Premiums effectively can manage a plethora of pay and bill queries. Depending upon the type of Premium, when the duty has been worked and arbitrated, rate generation will pick up this Premium and pay and bill accordingly. There are two types of Premium - those that are automatically applied and those that are adhoc.

Premiums are set up within Admin | Finance | Premiums tab.

  • Select Add A Premium to create a new Premium.
  • Configure it using the guidance below
  • Select Save Record.

The following descriptions will aid when completing the Premium tab: