Labor Cost Calculator
Total number of employees hired and/or terminated
Show Report
Total Administrative cost ( labor and non-labor)
$0
Employee Onboarding Admin Cost
Recording I-9 info in HRIS or other data repository
$8.32
Recording contact info in the HRIS
$8.41
Recording W-4 and other tax form info
$10.91
Recording direct deposit info
$9.78
Recording employment agreements
$9.46
Total
$46.88
Benefits Enrollment Admin Cost
Providing plan doc and SPD to employees
$13.79
Providing information about benefit plan change
$18.47
Providing benefit plans comparison
$19.01
Confirm and processing plan changes for employees
$16.36
Confirm dependent eligibility for coverage for employees
$11.20
Total
$78.83
Time Management
Employee completes and submits time worked
$9.34
Employer collects employee timecards
$12.98
Employer verifies timecards are accurate
$14.75
Employer follows up on missing / incomplete timecards
$12.70
Employee submits paid time off (PTO) request
$9.31
Calculating PTO balance and updating employees
$18.69
Review and approve PTO requests
$11.27
Employer tracks FMLA or other leave time
$15.76
Total
$104.80
Separation
Processing Cobra, and other benefits issues at separation
$11.68
Documenting reason for separation for employee file
$12.33
Preparing and completing employee exit interview
$17.50
Documenting exit interview discussions
$15.76
Calculating final payout for employee
$13.46
System / facility access shut off
$13.46
Finding replacement internally or externally
$15.24
Total
$99.43
Performance Management
Filling out performance review forms for each employee
$13.22
Recording/tracking/storing performance review documents
$15.51
Providing information related to promotion or separation
$14.08
Providing compensation information
$12.65
Documenting performance management (write-ups)
$12.49
Total
$67.95
Estimating Labor and Non-Labor
Costs Associated with Common
Human Resources (HR)
Functions/Tasks
Source – EY Survey Nov. 2018