Time & Attendance
ROI Calculator

Find how much time and money your company could save by using our time and attendance ROI calculator.

STANLEY Security
  Stanley House
Bramble Road
Swindon, SN2 8ER
Tel: +44 (0) 844 254 0032
info@stanleysecurity.co.uk

Time and Attendance (T&A) ROI Calculator

Find how much time and money your company could save by using our time and attendance ROI calculator.

Input Data

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Examples: late arrival, breaks too long; early leaving
Default is 90%
If you have 2 payroll staff x 4 hours each = 8 administration hours)
UK average is 4.4
Default is 10%

Input Data

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Total Gross Annual Saving
Annual Cost of Time & Attendance System
Total Net Saving (ROI)

Results: Executive Summary

Lost Labour Time

Figures given as improvement by using T&A/Total. For example, a value in the Minutes column of 325/250 represents a saving of 325 minutes from the total 350 currently lost.

Item Minutes Hours: Minutes Decimal Hours Cost of Labor
Total lost labour per working day
Total lost labour per week
Total lost labour per month
Total lost labour per year

Payroll Costs

Figures given as improvement by using Time & Attendance/Total. For example, a value in the Minutes column of 325/250 represents a saving of 325 minutes from the total 350 currently lost.

Item Current Costs Estimated Costs Using T & A System Savings With T&A System
Annual gross payroll for all employees N/A N/A
Payroll staff costs per payroll run
Average Payroll staff costs per year

Sickness

Figures given as improvement by using Time & Attendance/Total. For example, a value in the Minutes column of 325/250 represents a saving of 325 minutes from the total 350 currently lost.

Item Minutes Hours: Minutes Decimal Hours Cost of Sickness
Total sickness per working day
Total sickness per week
Total sickness per month
Total sickness per year