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 | 500 | 1000 | 5000 |
Rate of Department Head | $7.00 | $7.00 | $7.00 | $7.00 |
Minutes Saved Per Week* | 500 | 2500 | 5000 | 15,000 |
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 |
* Studies have shown that manual totaling of time cards takes approximately six minutes per card each pay period.