ROI CALCULATOR REPORT
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220
$20
Company name
Total employees
Average hourly pay rate
General expenses
Time Spent
Estimated
(Hours per Year)
Savings
Entering same data in multiple systems:
240
$4,800.00
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):
260
$5,200.00
Timely processing of all required Work
Opportunity Tax Credit (WOTC) paperwork:
24
$480.00
Maintain ethnic, visa and I-9 related data:
6
$120.00
Maintain beneficiary and tax-related elections:
12
$240.00
Maintain current/former employee data and
audit trail of updates:
12
$240.00
Maintain language, education, training and
certification data:
104
$2,080.00
Managing PTO accruals and processing all types
of leave of absence:
52
$1,040.00
Manage Workers’ Comp, including
state-mandated new hire reports:
13
$260.00
Maintain OSHA logs at the employee level:
52
$1,040.00
Track progressive disciplinary actions:
12
$240.00
Time Spent
Estimated
(Hours per Year)
Savings
Process standard compliance reports (e.g.,
EEO-1, workers’ comp, multiworksite and
Vets-100):
10
$200.00
Benefits
Time Spent
Estimated
(Hours per Year)
Savings
Connection to carrier sites for changes, open
enrollment, or new hire reporting:
130
$2,600.00
Establish benefit/deduction plans with multiple
types and options and track waivers and
eligibility:
10
$200.00
Update benefit/deduction plans based on
employee status change:
8
$160.00
Employee benefits data entry:
52
$1,040.00
Managed Services: COBRA
Time Spent
Estimated
(Hours per Year)
Savings
Managing COBRA events and notifications:
52
$1,040.00
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:
120
$2,400.00
Tracking all salary changes and deductions:
52
$1,040.00
Calculate, enter and process all garnishments
and child support:
52
$1,040.00
Enter benefit deduction amounts for each
employee:
52
$1,040.00
Time and Labor
Time Spent
Estimated
(Hours per Year)
Savings
Time spent processing manual time cards:
610
$12,200.00
Calculate grace periods, premium time, and
apply rounding rules uniformly:
26
$520.00
ACA Compliance
Time Spent
Estimated
(Hours per Year)
Savings
Manage all standard and unique look back
measurement periods:
26
$520.00
Manage section 6055 and 6056 data and filing:
26
$520.00
Manage all plan selection in compliance with
ACA reform:
26
$520.00
YOUR ESTIMATED SAVINGS:
2,039 hours
$40,780.00
4/24/2018