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A drastic reduction in the amount of time spent calculating time cards results in significant savings for your business. This chart shows just how those savings can add up for even a modest sized business - assuming conservative time savings of only five minutes per time sheet.
Number of Employees |
100
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500
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1000
|
5000
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Rate of Department Head |
$7.00
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$7.00
|
$7.00
|
$7.00
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Minutes Saved Per Week* |
500
|
2500
|
5000
|
25000
|
Weekly Labor Savings |
$60.00
|
$300.00
|
$600.00
|
$3,000.00
|
Annual Savings |
$3,120.00
|
$15,600.00
|
$31,200.00
|
$156,000.00
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* Studies have shown that manual totaling of time cards takes approximately six minutes per card each pay period.
Copyright 2003, Time Spot, Inc., a Vitrix Company. All rights reserved. 51 West Third Street Tempe, AZ 85281 Phone: (800) 561-6366 Fax: (480) 967-5444. Report any errors or difficulties with this page to:
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