|
Audit Savings
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.
|
