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Return on Investment Analysis |
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Employer’s Dilemma:
According to the recent studies by the U.S. Chamber of Commerce, employers spend
an average of 42% on top of payroll for benefits and benefits administration.*
Q: How much time a week do you spend on the following?
A: EasyHRweb can handle all of these tasks and more, instantly.
|
Hours Per Week |
Weekly Costs** |
Estimated Time Savings with EB |
Annual Costs |
Answering Benefit Questions: |
10 |
$200 |
85% |
$8,840 |
Mailing/Faxing Forms: |
2 |
$40 |
95% |
$1,976 |
Compiling Employee Data: |
2 |
$40 |
100% |
$2,080 |
Generating Employee/Vendor Reports: |
2 |
$40 |
100% |
$2,080 |
Reconciling Vendor Bills: |
2 |
$40 |
100% |
$2,080 |
Calculating Benefit Plan Premium & Contributions: |
2 |
$40 |
100% |
$2,080 |
TOTAL |
20 |
$400 |
97% |
$19,136 |
*2001 survey by U.S. Chamber of Commerce
** Based on hourly rate of $20
Estimates based on a 100-person company
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