Custom pay rates
Find out how custom pay rates are defined below
What are custom pay rates?
Custom Pay Rates are rates that are assigned to specific roles, tasks or projects.
Instead of an employee getting paid the same hourly rate regardless of the variety of tasks, the employee would be compensated a different amount for each task performed. Custom pay rates are commonly used in the professional services and construction industries where a worker may be qualified to perform a variety of duties with different market rates and skills requirements.