Here is the breakdown
Avoid paying for unscheduled times
Average hourly rate is $10, in every shift there is on average 7 minutes that are driven from clocking in earlier then should or after end time.
$10 * 7 mins *
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active workers *
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average shifts per month =
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Operational efficiency savings
Average hourly rate for admin employee is $17, the average time to check availability, confirm arrival and reconfirm arrival per worker for a shift is 20 minutes
$17 *
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mins *
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active workers *
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average shifts per month =
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Avoid payroll and Timesheet burden
When payroll and timesheets are completely aligned you save an average 3 minute of admin work for every worker per shift. Average hourly rate for admin employee is $17.
$1 *
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mins *
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active workers *
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average shifts per month =
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Increase workers retention
Any worker who stays longer reduces hiring expenses. The minimum cost of hiring a new worker is $37 ($17 ATS + $17 hour of recruiting time + $3 marketing budget). Average monthly worker turnover is 10%.
$37 hiring cost *
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active workers * 10% turnover =
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Client streamlined communication and alignment
Seamlessly create orders, e-sign timesheets and get your clients updated anytime and anywhere. Average time for client communication is an hour per order. Average number of workers per order is 10.
1 hour * $17 *
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active workers *
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average shifts per month / 10 =
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* Calculations are based on averages from multiple locations from 300,000 workers and over 1,000 businesses.
UpDATE Calculation!* Calculations are based on averages from multiple locations from 300,000 workers and over 1,000 businesses.
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