TimeHub clients are saving up to $50 per employee per month for an investment of less that $5 per month

How do they do this?

1. Research shows a potential error rate of between 1-8% of the total payroll in companies that use traditional time sheets or punch clocks.

   We have used a saving based on reducing errors by just 1%.
   
   

2. Research shows, the average weekly "theft" (their term not ours) of time (long lunches and breaks, tardiness, early departures, etc.) is 4 hours and 5 minutes per employee!

   We have used a reduction of just 2 minutes per day of that loss! ie 10 minutes per week. 
   
   

3. Research shows, the average loss as a result of "Buddy Punching" is between 2-5% of total payroll in companies that use traditional timecards.

   We don't believe this is as big an issue in NZ so we have not included a loss factor in our calculation. If you are using a Punch Clock you could add a conservative 1% to your annual cost. 
   
   

4. Savings per year on time card calculating, reconciling and keying into payroll. Research shows that manual calculation and keying of time cards/sheets takes approximately 5 minutes per timesheet/punch card.

   We have used a saving of 1-3 hours per pay period.

Find out what you could save?