Rate Schedules define predefined pay rates for specific roles or assignments.
They ensure consistent and compliant application of pay rates across various job categories or projects.
Excluded Options
A. Rate Components: Refers to individual elements that make up a rate, not overarching schedules.
B. Rate Grids: Used for categorizing rates but not specifically tailored for pay rate-based labor.
D. Rate Groups: Refer to grouped rate categories, not the structured application of pay rates.
Reference
SAP Fieldglass documentation: "Configuring Rate Structures and Schedules."
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