Track Personnel Costs

The Beacon Suite offers many ways to track and report on your organization's personnel costs.  Be prepared for any data calls using Beacon HR and the integration features available in Beacon Finance.  Today's helpful hint will show you how you can review the calculated cost for an individual within your organization.

Easy to Use 

Beacon HR automatically calculates an annual cost for each individual position active at your organization.  These individual calculations are summarized into a total projected cost for the organization.  Users can review the YTD and Projected amounts associated with an individual directly in Beacon from the FTE and Cost page.  To get started, navigate to the FTE and Cost page for an individual.

View Details

Beacon HR calculates an annual cost for each individual position active at your organization.  These individual calculations are summarized into a total projected cost for the organization.  Users can review the YTD and Projected amounts associated with an individual directly in Beacon from the FTE and Cost page.  To get started, navigate to the FTE and Cost page for an individual.

From this page, you can review the summary YTD cost and drill into the pay period cost details. You can also view an annual projected amount which is automatically calculated by Beacon HR.  

To view the details which are summarized in the YTD amount, click on the YTD Salary value.  At the bottom of the page, the summary pay period amounts are displayed.  Click on "Show Detailed Data" to see a breakout of the payroll pay period amounts.

Project Forward

To see more information about how Beacon HR calculates the projected cost for an employee, click on the Salary Projection amount.  A table will display at the bottom of the page.  This table provides a breakout of any anticipated salary adjustments and the impact of those adjustments on the year end total.