ROI CALCULATOR REPORT
Test Company 5
240
$50
Company name
Total employees
Average hourly pay rate
General expenses
Time Spent
Estimated
(Hours per Year)
Savings
Entering same data in multiple systems:
262
$13,100.00
Human Resources
Time Spent
Estimated
(Hours per Year)
Savings
Maintain employment-related demographic
data for employee (e.g., birth date, employee
number, gender, hire date, contact information,
job change):
284
$14,200.00
Timely processing of all required Work
Opportunity Tax Credit (WOTC) paperwork:
26
$1,300.00
Maintain ethnic, visa and I-9 related data:
7
$350.00
Maintain beneficiary and tax-related elections:
13
$650.00
Maintain current/former employee data and
audit trail of updates:
13
$650.00
Maintain language, education, training and
certification data:
113
$5,650.00
Managing PTO accruals and processing all types
of leave of absence:
57
$2,850.00
Manage Workers’ Comp, including
state-mandated new hire reports:
14
$700.00
Maintain OSHA logs at the employee level:
57
$2,850.00
Track progressive disciplinary actions:
13
$650.00
Time Spent
Estimated
(Hours per Year)
Savings
Process standard compliance reports (e.g.,
EEO-1, workers’ comp, multiworksite and
Vets-100):
11
$550.00
Benefits
Time Spent
Estimated
(Hours per Year)
Savings
Connection to carrier sites for changes, open
enrollment, or new hire reporting:
142
$7,100.00
Establish benefit/deduction plans with multiple
types and options and track waivers and
eligibility:
11
$550.00
Update benefit/deduction plans based on
employee status change:
9
$450.00
Employee benefits data entry:
57
$2,850.00
Managed Services: COBRA
Time Spent
Estimated
(Hours per Year)
Savings
Managing COBRA events and notifications:
57
$2,850.00
Payroll and Tax
Time Spent
Estimated
(Hours per Year)
Savings
Pay period, monthly, quarterly and yearly
payroll tax processing and printing payroll
checks and generating direct deposit files:
131
$6,550.00
Tracking all salary changes and deductions:
57
$2,850.00
Calculate, enter and process all garnishments
and child support:
57
$2,850.00
Enter benefit deduction amounts for each
employee:
57
$2,850.00
Time and Labor
Time Spent
Estimated
(Hours per Year)
Savings
Time spent processing manual time cards:
665
$33,250.00
Calculate grace periods, premium time, and
apply rounding rules uniformly:
28
$1,400.00
ACA Compliance
Time Spent
Estimated
(Hours per Year)
Savings
Manage all standard and unique look back
measurement periods:
28
$1,400.00
Manage section 6055 and 6056 data and filing:
28
$1,400.00
Manage all plan selection in compliance with
ACA reform:
28
$1,400.00
YOUR ESTIMATED SAVINGS:
2,225 hours
$111,250.00
7/17/2018