diff --git a/app/DataMapper/CompanySettings.php b/app/DataMapper/CompanySettings.php
index 9c2ffd076a37..ec223897bdd0 100644
--- a/app/DataMapper/CompanySettings.php
+++ b/app/DataMapper/CompanySettings.php
@@ -503,6 +503,7 @@ class CompanySettings extends BaseSettings
         'language_id'                        => 'string',
         'show_currency_code'                 => 'bool',
         'website'                            => 'string',
+        'default_task_rate'                  => 'float',
     ];
 
     /**
diff --git a/app/Http/Requests/Client/StoreClientRequest.php b/app/Http/Requests/Client/StoreClientRequest.php
index 5b7c1ae7b94f..cf829ddcc1d7 100644
--- a/app/Http/Requests/Client/StoreClientRequest.php
+++ b/app/Http/Requests/Client/StoreClientRequest.php
@@ -95,6 +95,10 @@ class StoreClientRequest extends Request
 
         if (array_key_exists('settings', $input) && ! empty($input['settings'])) {
             foreach ($input['settings'] as $key => $value) {
+
+                if($key == 'default_task_rate')
+                    $value = floatval($value);
+                
                 $settings->{$key} = $value;
             }
         }
diff --git a/app/Http/Requests/Client/UpdateClientRequest.php b/app/Http/Requests/Client/UpdateClientRequest.php
index c8d60ceeb5ec..ccc6af785c47 100644
--- a/app/Http/Requests/Client/UpdateClientRequest.php
+++ b/app/Http/Requests/Client/UpdateClientRequest.php
@@ -157,6 +157,10 @@ class UpdateClientRequest extends Request
             if (! array_key_exists($key, $saveable_casts)) {
                 unset($settings->{$key});
             }
+
+            if($key == 'default_task_rate'){
+                $settings->default_task_rate = floatval($value);
+            }
         }
 
         return $settings;