Even the smallest discrepancy in time is expensive, no matter how your facility operates. If your clocks are off in the break room by just 2 minutes and your employees take 3 breaks per day, you are losing 6 minutes of productivity for each employee. This may not seem like a lot of time, however if you have 50 employees with an average wage of $15 per hour, the result is $375 weekly for a total of $19,500 annually. A synchronized time system from American Time can save you this lost time expense.
Enter your company numbers and calculate your lost time below.
According to our calculations, your organization is wasting this much money with each passing minute.