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Example

Bill has an engineering company and employs 35 waged staff.  The average hourly rate is $16 per hour, and the employees work 40 hours per week. 

If Bill is overpaying his staff by a conservative average of 5 minutes per day, how much is this costing his business?

1 week  $ 233 per week
1 month $ 1,011 per month
1 year $ 12,133 per year

 

Cost Saving Calculator

No. of employees:
Average hourly rate of employees (60 mins):
Average days worked per week:
Estimated minutes lost per day for 1 employee:

Loss per week:
Loss per month:
Loss per year:

 

*This calculator is based on accurate attendance savings.  Savings associated with automating your payroll process can be many times this.


5% Plus Savings

Save payroll costs in excess of 5%

80% Reduction

Reduce payroll preparation by 80%