Enter an annual salary, the percentage allocated to a specific project, an annual growth or reduction factor, and a time horizon. Annual and monthly allocated costs are projected for each year.
Salary allocation is the process of attributing a portion of an employee's total compensation to a specific project, department, client, or cost center. When an employee splits their time across multiple projects, allocating their salary proportionally to each gives you accurate project-level cost data rather than treating all labor as overhead. This is essential for understanding true project profitability, building accurate proposals and quotes, and making informed decisions about where to grow or cut.
Use salary allocation projections when building multi-year project budgets, preparing client proposals where labor is a significant cost, planning headcount growth and its impact on specific cost centers, or modeling what happens to project economics if salary costs increase at different rates than project revenue. The growth factor field allows you to model both raises (positive percentage) and reductions (negative percentage), making this tool useful for both growth planning and cost reduction scenarios.
Track planned versus actual spend across projects, departments, and time periods. Spot variances before they become problems and keep financial performance visible to the whole team.
Export hours, overtime, tips, bonuses, and mileage to Gusto, ADP, Paychex, and more. Gross pay calculated automatically. No manual reconciliation at the end of each pay period.
Convert tracked project time directly into client invoices. Approved hours become billable line items in one click so revenue that is earned gets captured and sent without delay.
Build profit and loss statements and track vendor scorecards in the same platform where your team manages projects, time, and HR. No separate finance tool required.
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