ROI CALCULATOR REPORT
Jeanne's Floral Arrangements Test
200
$22
Company name
Total employees
Average hourly pay rate
General expenses
Time Spent
Estimated
(Hours per Year)
Savings
Entering same data in multiple systems:
218
$4,796.00
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):
236
$5,192.00
Timely processing of all required Work
Opportunity Tax Credit (WOTC) paperwork:
22
$484.00
Maintain ethnic, visa and I-9 related data:
5
$110.00
Maintain beneficiary and tax-related elections:
11
$242.00
Maintain current/former employee data and
audit trail of updates:
11
$242.00
Maintain language, education, training and
certification data:
95
$2,090.00
Managing PTO accruals and processing all types
of leave of absence:
47
$1,034.00
Manage Workers’ Comp, including
state-mandated new hire reports:
12
$264.00
Maintain OSHA logs at the employee level:
47
$1,034.00
Track progressive disciplinary actions:
11
$242.00
Time Spent
Estimated
(Hours per Year)
Savings
Process standard compliance reports (e.g.,
EEO-1, workers’ comp, multiworksite and
Vets-100):
9
$198.00
Benefits
Time Spent
Estimated
(Hours per Year)
Savings
Connection to carrier sites for changes, open
enrollment, or new hire reporting:
118
$2,596.00
Establish benefit/deduction plans with multiple
types and options and track waivers and
eligibility:
9
$198.00
Update benefit/deduction plans based on
employee status change:
7
$154.00
Employee benefits data entry:
47
$1,034.00
Managed Services: COBRA
Time Spent
Estimated
(Hours per Year)
Savings
Managing COBRA events and notifications:
47
$1,034.00
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:
109
$2,398.00
Tracking all salary changes and deductions:
47
$1,034.00
Calculate, enter and process all garnishments
and child support:
47
$1,034.00
Enter benefit deduction amounts for each
employee:
47
$1,034.00
Time and Labor
Time Spent
Estimated
(Hours per Year)
Savings
Time spent processing manual time cards:
555
$12,210.00
Calculate grace periods, premium time, and
apply rounding rules uniformly:
24
$528.00
ACA Compliance
Time Spent
Estimated
(Hours per Year)
Savings
Manage all standard and unique look back
measurement periods:
24
$528.00
Manage section 6055 and 6056 data and filing:
24
$528.00
Manage all plan selection in compliance with
ACA reform:
24
$528.00
YOUR ESTIMATED SAVINGS:
1,853 hours
$40,766.00
8/14/2018