Sunday, September 20, 2009

Plugging the Cash Leaks: Case #1

Automation - The Best Plumber's Helper

CASE # 1 - Wasted Labor Minutes

Did you know that just 15 employees receiving pay for merely 4 minutes of "wasted" time per day [untracked breaks, extended lunches, over-approximated punch times, etc.] will total 1380 minutes [23 hours] of additional pay per month?

Your overpayment: If your average pay rate is $10.00 per hour, then you pay an extra $230.00 each month for time not worked.

The right automated timekeeper tracks worked time as closely as a fraction of a minute. At a cost of $5 per employee per month, it saves you $155 per month for 15 employees.

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