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https://www.monster.com/career-advice/article/hourly-vs-flat-rate-for-auto-techs
Under the flat-rate pay system, the technician is paid by the job. Similar to the example above, if a job that is estimated at one hour takes three, the employee is still paid at the flat rate -- the equivalent of one hour. However, if he completes the work in just 30 …
https://www.freshbooks.com/hub/invoicing/flat-rate-vs-hourly
To calculate the flat rate, you can calculate the number of hours a project will take to complete and multiply it with your hourly rate. In other cases, there’s a set pricing for specific jobs and value of the project may be considerably more than the estimated hours needed to complete it. The prices of projects can also be set on perceived value.
https://www.uti.edu/blog/automotive/hourly-rate-vs-flat-rate-how-auto-mechanics-are-paid
For example, say the flat rate of a job is based on two hours. If the employee takes one hour to complete the job, he or she will be paid for two hours’ worth of work. If the technician takes three hours, the rate still is based on two hours. Flat rate may also be called “book time.”
https://www.youtube.com/watch?v=wLHmNjRJlS4
Detailed video on how myself and Captain Ron keep track of all our flat rate hours using google forms.GO AND CHECK OUT CAPTAIN RONS CHANNEL HERE:http://www.b...
https://www.youtube.com/watch?v=TEGNG0Cu3mk
Piece written for bassoon by Schnöölehelettelettö-----Follow me on Tumblr:http://schnooleheletteletto.tumblr.comFollow me on Twitter:https://twitter.com/S...
https://www.landeggeresq.com/wage-and-hour-law-threats-to-the-flat-rate-system/
Mechanics like this system because an efficient mechanic can flag more hours than he/she actually worked. This is due to the fact that under a flat rate system, the same amount of time is flagged for a job whether the job takes more or less time than the flag time, which is fixed.
https://www.uh.edu/human-resources/payroll/time_conversion_chart_minutes_to_decimalhours.pdf
TIME CONVERSION CHART (Minutes to Decimal Hours) Minutes Decimal Hours Minutes Decimal Hours Minutes Decimal Hours 1 .02 21 .35 41 .68 2 .03 22 .37 42 .70
http://www.techtimetracker.com/
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