Free tool
Payroll-error cost calculator
See what payroll corrections and re-keying hours could be costing you. Every number below is an estimate based on your own inputs.
$
Your estimate
156
admin hours lost per year
$6,240
estimated cost per year
That's about 4.2 working weeks a year.
How we calculate this
Hours per year = pay runs × ((corrections × minutes per correction ÷ 60) + manual transfer hours per pay run)
Cost per year = hours per year × loaded hourly cost
Working weeks = hours per year ÷ 37.5
This is an estimate based only on the numbers you enter. Employee count is for context and isn't part of the formula.
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