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RDC rate cards associate titles with hourly cost rates. Your account will start with one RDC rate card, which is named "Standard Resource Direct Costs for 20172018" (the year will vary based on when you sign up). You may create as many RDC rate cards as needed. Many organizations use RDC rate cards to store average cost rates by job title to avoid keeping actual compensation data in Projector. Often they override the standard cost rates for temporary resources (e.g., contractors) because those resources are usually paid significantly more per hour than full-time resources.
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Cost rates should include expenses directly related to resources (e.g., salary and benefits), and not overhead (e.g., rent). These expenses should be divided by the number of expected working hours based on the RDC Basis Hours Formula. See table below. You can select the appropriate RDC basis hours formula for your company in System Settings | Reporting.
| RDC Basis Hours Formula | Example (assumes 8 hour days) |
|---|---|
| Normal Working Hours | 2080 (40 hours per week X 52 weeks per year) |
| Normal Working Hours - Holidays (assume 10 holidays) | 2080 - 80 = 2000 |
Normal Working Hours - Holidays - Time Off (assume 10 holidays and 15 days of time off) | 2080 - 80 - 120 = 1880 |
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RDC rates may be overridden in three ways:
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