If you remember we have already said about ROI Calculator and their options… Now we have thought of giving complete details about the working ROI.
Example of working: “Calculate my Payroll Return on Investment“.
Here is the information about the input data,
Pay Period (number per year) = Monthly
Number of Employees = 25
Hourly Wage of Payroll Staff = 16
Average Hourly Wage of Employees = 12
Number of Hours in Work Week = 40
Number of Work Weeks per Year = 52
Minutes Spent Calculating a Time Card = 5
Time Theft per Employee per Day = 4
Margin of Error: = 1%
If you enter these data’s will get the result within milliseconds and output will be like the below picture,
If you like to try this ROI calculator Go ahead – http://www.labortimetracker.com/roi.cfm