Behind The Numbers
The Meckano savings calculator is based on 3 core factors:
- Workforce size
- Average hourly labor cost
- Working days per month
How do we calculate your savings?
Without an attendance system in place, working hours are tracked manually.
In such cases, the reported hours often differ from the employee’s actual work time, resulting in what we call “time rounding”.
For example:
An employee clocks in at 08:10 and leaves at 16:52.
However, as is often the case, the recorded working hours are rounded:
Clock-in: 08:00
Clock-out: 17:00
This small adjustment results in an 18-minute loss for the employer — from just one employee.
At an hourly rate of $30, every minute is worth $0.50.
$0.50 × 18 minutes = $9 lost per day.
Multiply that by 22 workdays, and the employer is losing $198 each month per employee — simply due to rounding.
Time is money!
Beyond the legal requirement for every business to record working hours, some may argue that the loss is relatively minor — about $200 per month.
But what happens when you have 20 employees?
The employer’s loss jumps to $180 per day, which adds up to $3,960 per month, and $47,520 per year!
Does it still seem insignificant?
(The calculator is intended as a preliminary tool for estimating potential savings. An average deviation of ~10 minutes per employee per day has been applied.)
Turn efficiency into real savings! With Meckano, you can:
- Save time with streamlined work-hours management
- Save money by paying only for the hours actually worked
- Maintain accurate records and meet labor law requirements
Your success starts here – measurable within your first month
- $ 1 M+ saved annually with our solution
- 1 K+ employees start their day with us
- 1 M+ daily hours tracked
- 1 K+ work hours we save every day
A trial
tailored to your needs
You can choose which features will serve your business best, in addition to the time clock.