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What is the difference between Budget and Salary?
What is the difference between Budget and Salary?

The difference between Budget and Salary

G
Written by Gill
Updated over a week ago

The difference between Budget and Salary

Salary reflects actual salary data of an organisation’s members. It can only be edited by the Account Owner or someone with Budget permission.

Whereas, a role Budget supports team and resource planning. Updating a role that has been assigned to a member will not update their salary.

  • When a role is added to a team, the role Budget is $0. You can update the Role Budget by simply clicking into the field and entering a Budget. This will reflect the Budget against this role.

If a member is added to a role and their salary has been entered into their profile, their salary will automatically populate the Role. The Salary will automatically calculate based on the role’s FTE.

You can also update FTE to reflect whether that person might be full-time or part-time in the team.

Please note that FTE does not automatically update the role’s Budget.

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