Time and Attendance Return on Investment
It is widely known in the industry that using an automated system will reduce 80% of the time required to collect and calculate employee labor data and reduce your total labor costs by between 1 and 4%. Please review the sample overview below: Enter Number of Employees: 50 |
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| 1) Time Reporting Inaccuracy (Costs 2 minutes/Per day/Per person) | |
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$3402 |
| 2) Calculating Errors (Decreases Your Efficiency by 0.1% of Total Payroll ) | |
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$907 |
| 3) Break Schedule Misreporting (Costs 3 Minutes/Day/Person) | |
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$5670 |
| 4) Preparing and Calculating Time Cards (3 Minutes/Card/Weekly Pay Period) | |
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$6300 |
