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Set default bill and cost rates for workspace members

Choose the rates new members start with, or apply the same bill and cost rates to existing members.

Written by Ellen Kajca

Workspace admins can set default bill and cost rates for new members. You can also apply the same rates to all existing internal members, but this is a separate choice.

Saving new defaults does not change existing members’ rates. Existing rates change only if you select the replacement option and confirm.

Set rates for new members

  1. Open Resourcing, click the three-dot menu, and choose Settings.

  2. In General, find Default member rates.

  3. Enter the Default bill rate and Default cost rate. Use the currency shown beside the fields.

  4. Leave Replace rates for all existing workspace members unchecked.

  5. Click Save default rates.

New members start with these rates. People already in the workspace keep their current rates.

For example, you can set a default bill rate of 150 and a default cost rate of 80 for new members while keeping an existing teammate’s bill rate of 175 and cost rate of 90.

Apply the same rates to existing members

Use this option when you want all existing internal workspace members to have the same bill and cost rates.

Before you continue: this replaces both rates for every existing internal member, including rates you previously set for individual people. Check both fields, even if you only intended to change one. External users keep their current rates.

  1. In Default member rates, enter the bill and cost rates you want to use.

  2. Select Replace rates for all existing workspace members.

  3. Click Save and replace existing rates.

  4. Review the Replace existing member rates? confirmation.

  5. Click Replace rates to apply the change, or Cancel to go back without replacing rates.

After you confirm, the entered rates are saved as the defaults for new members and applied to existing internal members.

Keep different rates for people or projects

If people on your team need different rates, leave the replacement option unchecked. Update each person’s rates from their profile in Resourcing.

Custom rates set for individual projects are separate. Saving default member rates or replacing existing member rates does not replace those custom project rates.

Why can’t I see Default member rates?

Only workspace admins can view and change these settings. If you’re not an admin, ask your workspace admin to make the change.

For more on using rates with project budgets, see Budgets in Hive.

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