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Showing posts with label Job. Show all posts
Showing posts with label Job. Show all posts

Job Title or Task Function - Which Is the More Accurate Base to Value Time On?

A crucial decision to be taken when planning the implementation of a new integrated job costing and accounting system in a creative agency is what to base the rate cards on. This applies to rate cards for both, creating fee proposals as well as - and even more important - applying a value to actual time recorded by staff.

The majority of systems will offer the ability to set up rate cards for different clients or projects, which are then used to generate project fee proposals as well as populating monetary values for actual time spent on project work and recorded via a timesheet module. In most cases those billing rate cards - unlike cost rate cards, if in existence - are not based on named individuals within an organisation, but on descriptions of work.

Two options for this description of work come to mind: The job title of an individual as in "Account Handler" or "Copywriter" or the task an individual performs as in "Account Handling" or "Copywriting".