Time Off Tracker

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Time Off Tracker Saves Money!

Savings

We worked with our customers to study and understand how much value installing Time Off Tracker would create for them. Comparing a paper based system to our system reveals a huge savings for our customers.

USING A PAPER SYSTEM*

10 MINUTES

  • Using a paper time off tracking system, the average user spends about 10 minutes arranging to take a day off. This assumes that they take the time to find the paper form, fill it out correctly and submit it.

15 MINUTES

  • The manager processing the form takes between 10 and 15 minutes addressing the request. This time is spent ensuring staff coverage, confirming vacation allotment and deciding how to respond.

2-4 DAYS

  • Is the average range of time it takes a manager, using a paper system, to evaluate a request and then communicate back to an employee.

Process time = 25 minutes
Running time = 2-4 days


USING diligoHR**

1 MINUTE

  • Using diligoHR an average employee takes one minute to submit a time off request to a manager.

2 MINUTES

  • Using diligoHR a manager takes an average of 2 minutes to approve an employee's time off. This includes planning staff coverage, checking allotment, and deciding how to respond.

1-2 HOURS

  • Average time it takes a manager to address a request and communicate to an employee.

Process time = 3 minutes
Running time = 1-2 hours

It is obvious that diligoHR is far superior to a paper based system. To fully run the numbers lets include some hypothetical salaries and the amount of requests an average employee makes.

Paper System Costs:

  • 12 - Average number of request per employee per year for time off of all types.
  • 300 - Number of minutes in process for time off request processing in a year for a paper system
  • $23.50 - Average employee wage in Canada***
  • $117.50 to process time off requests per employee annually

diligoHR system Costs

  • 12 - Average number of request per employee per year for time off of all types.
  • 36 - Number of minutes in process for time off request processing with diligoHR
  • $23.50 - Average employee wage in Canada***
  • $14.10 to process time off requests per employee annually

Your organization or business could save $103.40 or more, per employee per year in processing time off requests and approvals with diligoHR.

A business with 50 employees could save $5170 in increased productivity per year using diligoHR.



*Customer supplied data
**System data from Feb to July 2012
***http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/labr69a-eng.htm