The ProPay Efficiency Report in Protiv helps you track how much your employees' wages have grown over time due to ProPays, so you can see how effective they are. 📈
The ProPay Efficiency Report is like a magnifying glass for your ProPays. It shows you how much each worker's wages have increased (or decreased) over a certain time period thanks to ProPays. This can help you see which ProPays are working well and which ones might need some tweaking.
What's in the Report? 📄
The ProPay Efficiency Report includes the following information for each worker:
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ID: A unique identifier for the ProPay. 🆔
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Status: The current status of the ProPay (e.g., pending, approved, closed). ✅
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Start Date: The date the ProPay was created. 📅
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Worker Name: The name of the employee. 🧑💼
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Standard Wage: The worker's regular hourly rate. 💵
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Pay Rate: The worker's average hourly rate during the selected time period, including any bonuses earned through ProPays. 💰
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Wage Growth ($): The total dollar amount by which the worker's pay rate has increased (or decreased) compared to their standard wage. 📈📉
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Wage Growth (%): The percentage increase (or decrease) in the worker's pay rate compared to their standard wage. 📊
How to Read the Report 🤓
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Filter by Date Range: Choose the time period you want to analyze (e.g., last month, last quarter).
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Look for Trends: See which ProPays have consistently high wage growth percentages. These are the ones that are really motivating your team! 🌟
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Identify Areas for Improvement: Look for any ProPays with low or negative wage growth. This could mean the job took longer than expected or the bonus wasn't motivating enough. 🤔
Pro Tip: Use the ProPay Efficiency Report to fine-tune your ProPay system. If you see that certain ProPays aren't leading to wage growth, you can adjust the bonus amount or the estimated time to make them more effective. 📈💰