December Product Updates
Happy holidays! Pour some eggnog and get ready to learn about this months exciting updates.
Wrapbook is excited to introduce agent fees and production wrap reports. Both of these features provide new automations and data to make the process of hiring, paying and reporting on your employment practices simple.
In addition, we’ve updated the I-9 experience making the onboarding of employees faster than ever.
Updates at a glance
- Add “agent fees” to employee profiles
- I-9 verification is easier than ever
- Wrap Report give you an in depth review of your project’s payables
Agent fees can now be added to any employee added to a project. You can select agent fees of 10, 15 or 20%.
When specified these agent fees will automatically be calculated and provided in the breakdown of wages on each timecard and pay stub. It’s never been easier to track and manage how talent is getting paid and how payments split to agents.
I-9 completion got faster
I-9s are now faster to fill out for both workers and I-9 verifiers.
Wrapbook guides workers through a process of identifying employees legal working status in the United States.
Wrapbook uses all employment data that is entered when onboarding into the system to pre-fill an I-9 document for workers. Workers now need only to take only 5 seconds to review their information & digitally sign an I-9.
Company admins look over a completed and filled I-9’s & and review a physical identification documents provided to them in-person. The I-9 process takes only a few seconds to sign and confirm that the information is valid.
All subsequent times that an employee needs to fill it out an I-9, all pertinent information that was previously entered into Wrapbook will be present and prepopulated. All an employee needs to do is verify that they’re up to date & click 1 button to sign the document & get back to work.
Wrap Reports can now be found in Wrapbook.
These CSV reports will allow production managers to actualize their budget by comparing what was budgeted for their workforce to what was actually spent.
The report lists out a line by line breakdown of the amounts paid for every expense, invoice and timecard per day.
The information that is listed is as follows:
|Accounting Code||For you to fill in. For AICP projects, this can be the AICP line number|
|Name||Legal name of the worker|
|Title||Title that you inputted|
|Guaranteed hours||Number of hours in a day|
|Days||This will always be 1. The report provides a day by day breakdown|
|Day Rate||The rate for a day of work if on a day rate|
|Hours Beyond Guaranteed at 1.5X||The number of hours beyond the guaranteed hours at 1.5X|
|Hours Beyond Guaranteed at 2X||The number of hours beyond the guaranteed hours at 2X|
|Hours Beyond Guaranteed at 3X||The number of hours beyond the guaranteed hours at 3X|
|Other taxable:||Other taxable wages include agent fees, penalties, kit fees and other taxable adjustments|
|Other non-taxable:||Any expense incurred|
|Date:||The date the labor or expense was performed|
|Hourly rate||The hourly rate, taking into account the day rate and the overtime method|
|Overtime method:||The overtime method specified for the worker: California, Federal, or Premium Overtime|
|Description||A human readable description of the payable|
|Total Taxable:||Total Taxable Wages|
|Total Non-Taxable||Total Non-Taxable Expenses|
Wrap Reports can be found under Reports -> Wrap Reports. This is an example.
You can create pivot tables to slice up the information however you like. This is an example
Check back in December for more exciting updates.