Plan Positions Payroll and Fully Burdened Labor Costs

Position planning

Authorized planners can add, remove, reallocate, or shift planned positions. Changes can update proposed budgets as soon as the related salary, timing, and allocation inputs are recalculated.

Payroll assumptions

The payroll model can use salary-change percentages, pay types, benefit rates, fixed benefits, taxes, pay codes, employment dates, and part-time or seasonal schedules. The organization defines which assumptions are centrally controlled and which department planners may change.

Fully burdened labor rates

A fully burdened rate combines direct compensation with applicable taxes, benefits, and other employer costs. CloudBudget calculation rules can produce annual, monthly, or hourly projections based on the approved payroll model.

Employee cost allocations

You can allocate employee or position costs by percentage across multiple account strings and dimensions, including funds, departments, grants, programs, projects, and cost centers. Validate allocation totals against the organization’s required percentage before approval.

Licensing and configuration

Personnel and position budgeting may require the CloudBudget Payroll Extension and implementation services. GoldFinch remains the source of actual accounting results used for comparison after posting payroll-related costs.