Calculate Your Potential Return on Investment

Work out how you could already be saving time and money with this ROI calculator.

Enter your total company headcount

Select and configure the tabs for each type of People Management process

Watch the value accrued in the ‘Running Totals and Potential Savings‘ section

See how your particular HRLocker price plan illustrates how much Return on Investment the system gives you!

*HRLocker Essential does not include CPD and TOIL – so you’ll need to ‘zero’ these in ‘Configure Key Process Costs’ to get accurate ROI multiples

**The Premium plan also includes HIRE, our Applicant Tracking System (ATS), which delivers added value for your recruitment needs – so the actual multiples are much higher

Return on Investment Calculator

Configure Key Process Costs

Select Total Number of Employees

	HR Essentials	HR Professional	HR Premium
Employees Required:	€499	€599	€1099

Process	Manually	HRLocker
Time taken to Process Employee Time-Off request (mins)		1
Number of Employee requests per year. Employees (E.g., 15 x 4)
Administrator hourly cost
Total Time Taken (hrs.)
Time Saved (hrs.)
Total Admin Cost €
HRLocker saving per year. €

Process	Manually	HRLocker
Time Taken to Add New Employee Personnel Records (mins)		5
Number of record uploads/yr./employee
Number of onboardings/yr.
Adminstrator hourly cost		5
Total Time Taken (hrs.)
Time Saved (hrs.)
Total Admin Cost €
HRLocker saving per year €

Process	Manually	HRLocker
Number of employee sheets/week (15)
Time taken to collect, check & file each employee timesheet/week (mins)		0.5
Administrator hourly cost
Total Time Taken (hrs.)
Time Saved (hrs.)
Total Admin Cost €
HRLocker Saving/week €
HRLocker Saving/yr. €

Process	Manually	HRLocker
Number of employee docs/yr. to distribute & collect signed/yr.
Number of employees (15) per distribution round
Time taken to collect, check & file each document (mins)		0.5
Adminstrator hourly cost
Total Time Taken (hrs.)
Time Saved (hrs.)
Total Admin Cost €
HRLocker Saving/yr. €

Process	Manually	HRLocker
No. of Employees (15)
Number of Average no. of employee certs/yr.
Time taken to check, chase & file certs per employee (mins)		0.5
Adminstrator hourly cost
Total Time Taken (hrs.)
Time Saved (hrs.)
Total Admin Cost €
HRLocker Saving/yr. €

Process	Manually	HRLocker
Time taken to check days used & calculate Time Off in Lieu (mins)		1
Number of Employee (15) requests/yr.		1
Adminstrator hourly cost
Total Time Taken (hrs.)
Time Saved (hrs.)
Total Admin Cost €
HRLocker Saving/yr. €

Running Totals and Potential Savings

	Manual Input	HRLocker	Saving
Time Off Requests	5320.00	354.67	4965.33
Onboarding and maintaining personnel records	875.00	125.00	750.00
Collect and process timesheets	46106.67	2305.33	43801.33
Distribute & collect signed policy documents	8866.67	443.33	8423.33
Maintain CPD records & certifications	7980.00	133.00	7847.00
Calculate TOIL	1330.00	88.67	1241.33
Totals €	70478.34	3450	67028.34

Return On Investment

Total Savings / HRLocker Package

HR Essentials

**Premium & Enterprise plans also include HIRE, our Applicant Tracking System (ATS) – delivering added value for your recruitment needs.

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Working out your ROI couldn’t be easier, simply follow these steps:

Enter your total company headcount
Select and configure the tabs for each type of People Management process
Watch the value accrued in the ‘Running Totals and Potential Savings‘ section
See how your particular HRLocker price plan illustrates how much Return on Investment the system gives you!

*HRLocker Essential does not include CPD and TOIL – so you’ll need to ‘zero’ these in ‘Configure Key Process Costs’ to get accurate ROI multiples

**The Premium and Enterprise plans also include the HIRE, our Applicant Tracking System (ATS), which delivers added value for your recruitment needs – so the actual multiples are much higher

Storing Physical and Digital HR Records with GDPR In Mind