Hourly rates

Customize your team's rates at different levels.

Justyna Kawalec avatar
Written by Justyna Kawalec
Updated over a week ago

At Float, we are committed to providing you with tools that enhance your planning and estimation processes. One of them is hourly rates. With the flexibility to customize rates at different levels, you have the control to tailor billing to your specific needs.


The hierarchy for rate application is as follows:
Phase rate > Project rate > Person rate > Role rate​


In other words:
​- Role rate is a default.

- Person rate overwrites any role rate.

- Project rate overwrites any person rate.

- Phase rate overwrites any project rate.

📝Note: All of these rates are optional to input. You do not have to enter them all, you can enter one, or two, or three, or all kinds.

Role rate

Role rate is a default hourly rate that you can assign to a specific role within your team. This rate applies to all projects the team member is assigned to, unless a specific person, project, or phase rate is set up. Role rates can be set up by the Account Owner and users with Admin access rights in Team settings > Roles.

Setting up Roles Rates in Team settings.

Person rate

Person rate is a personal rate that is assigned to a specific person in the Info tab of their profile. This rate applies to all projects the team member is assigned to, unless a specific project or phase hourly rate is set up.

Person hourly rate set in the Info tab of their profile.

Project rate

Project rate is a rate that is assigned to a specific person in the Team tab of a specific project, that applies to that project only, unless a specific phase hourly rate is set up.

Project rate set in the Team tab of the project.

Phase rate

Phase rate is a rate that is assigned to a specific person in the Team tab of a specific project phase, that applies to that phase only.

Phase rate set in the Team tab of a specific phase.


📝Note: The visibility of rates depends on the access rights. The Account Owner and all the Admins can see and edit role rates. Project Managers can be granted access individually to see rate information by checking the permission box View everyone's rates and their project budgets in the Access tab of their profile.

View everyone's rates and their project budgets setting.
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