Time & Attendance Calculator
The Time & Attendance Calculator estimates labor and payroll cost savings by calculating department head/auditor time saved per pay period, improved payroll accuracy reducing errors, and recovered wages from decreased "time theft," ultimately providing total weekly, monthly, and annual dollar savings based on employee count, pay periods, hourly rates, and error/time theft factors.
Time & Attendance Calculator
Department Head/Auditor Time Savings
- Number of Employees: 10
- Minutes Saved Auditing Each Timecard: 6
- Minutes Saved Per Pay Period
- Total Hours Saved Per Pay Period
- Weeks per Pay Period: Weekly, Bi-Weekly, Semi-Monthly
- Hours Saved Per Week
- Dept. Head/Auditor's Hourly Rate: $40.00/hour
- Dept. Head/Auditor's Weekly Labor Savings
Improved Accuracy in Calculating the Total
- Average Hours Per Employee per Week: 40
- Total Hours Per Week
- Average Hourly Rate: $15.00/hour
- Total Weekly Payroll
- Estimated Error Factor (1-3%): 1%, 2%, 3%
- Weekly Savings
Reduced "Time Theft"
- Average Daily "Time Theft": 3 Minutes, 4 Minutes, 5 Minutes
- Total Minutes Lost Per Day
- Total Hours Lost Per Week
- Average Hourly Rate
- Total Wages Recaptured Per Week
Total Dollar Savings with SwipeClock
- Dept Head/Auditor Labor Savings
- Improved Accuracy in Calculation of the Total
- Reduced "Time Theft" Savings
- Total Weekly Savings
- Total Monthly Savings
- Total Annual Savings
Payment options
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