Time Clock Bargains |
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What does 5 minutes a day in lost time cost you?
Studies have found that time lost do to employee tardiness, early departure, and long lunch breaks, exceeds on average over 20 minutes per day, per employee.
This table is based on just 5 minutes of lost time per day.
Hourly Rate |
5 Employees |
10 Employees |
25 Employees |
50 Employees |
100 Employees |
500 Employees |
$5.00 |
$1,063.35 |
$2,126.70 |
$5,316.75 |
$10,633.35 |
$21,267.00 |
$106,335.00 |
$6.00 |
1,275.00 |
2,550.00 |
6,375.00 |
12,750.00 |
25,500.00 |
127,500.00 |
$7.00 |
1,530.00 |
3,060.00 |
7,650.00 |
15,300.00 |
30,600.00 |
153,000.00 |
$8.00 |
1,657.50 |
3,315.00 |
8,287.50 |
16,575.00 |
33,150.00 |
165,750.00 |
$9.00 |
1,912.50 |
3,825.00 |
9,562.50 |
19,125.00 |
38,250.00 |
191,250.00 |
8 hour day, 5 day week, 255 working days per year, overhead cost taken equal to hourly rate
