Calculate real return from HR technology by combining time savings reduced errors compliance protection and turnover improvements. Enter costs and assumptions see annual benefits ROI payback period and beautiful charts plus export results instantly. Supports multi year projections adjustable growth rates scenario logging sample data CSV and PDF downloads for teams seeking budgeting decisions.
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| Component | Annual amount | Share |
|---|---|---|
| Time saved | $22,500.00 | 45.7% |
| Fewer errors | $9,720.00 | 19.7% |
| Lower turnover | $10,500.00 | 21.3% |
| Compliance | $2,000.00 | 4.1% |
| Recruiting efficiency | $3,000.00 | 6.1% |
| Attendance and overtime | $1,500.00 | 3.0% |
| Total | $49,220.00 | |
| Year | Benefits | Costs | ROI |
|---|---|---|---|
| Year 1 | $49,220.00 | $12,200.00 | 303.44% |
| Year 2 | $50,696.60 | $7,344.00 | 590.31% |
| Year 3 | $52,217.50 | $7,490.88 | 597.08% |
| When | Annual benefits | Year 1 cost | ROI % | Payback months | Employees | Sub monthly | Implementation |
|---|
| Scenario | Emp | Hours saved | Hourly cost | Errors/mo | Cost/error | Turnover Δ pp | Cost/turnover | Compliance | Recruiting | Attendance | Sub monthly | Implementation | Annual benefits | Year 1 cost | ROI % | Payback months |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mid-size baseline | 150 | 0.5 | $25.00 | 18 | $45.00 | 2% | $3,500.00 | $2,000.00 | $3,000.00 | $1,500.00 | $600.00 | $5,000.00 | $49,220.00 | $12,200.00 | 303.44% | 1.4 |
| Lean ops focus | 90 | 0.7 | $28.00 | 12 | $60.00 | 1.5% | $3,000.00 | $2,500.00 | $1,200.00 | $450.00 | $4,000.00 | $0.00 | $38,008.00 | $48,000.00 | -20.82% | No payback |
| High turnover reduction | 220 | 0.4 | $24.00 | 22 | $40.00 | 3.5% | $4,000.00 | $3,200.00 | $2,200.00 | $800.00 | $6,500.00 | $0.00 | $72,904.00 | $78,000.00 | -6.53% | No payback |
Annual time savings = employees × admin hours saved per employee per month × hourly cost × 12.
Error reduction = errors avoided per month × cost per error × 12.
Turnover reduction = employees × turnover reduction (percentage points) × cost per turnover.
Total annual benefits = time savings + error reduction + turnover reduction + compliance + recruiting + attendance.
Year 1 total cost = subscription monthly × 12 + one time implementation.
ROI (Year 1) = (total annual benefits − Year 1 total cost) ÷ Year 1 total cost.
Monthly net benefit = total annual benefits ÷ 12 − subscription monthly.
Payback period (months) = one time implementation ÷ monthly net benefit. If monthly net benefit ≤ 0, payback is not reached.
Projection multiplies benefits and costs by their respective annual growth rates. Implementation is counted in Year 1 only.
Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.