Calculate Time

• 100 employees with 20 days holiday each a year equates to say 5 holiday requests during the year.
• 100 employees x 5 holiday requests = 500 requests in total per year.
• HR Officer spends 10 minutes processing each request
  • 500 requests x 10 minutes = 5,000 minutes spent processing all holiday requests.
  • 5,000 / 60 = 83.33 hours / 8 hours on average per working day = 10.4 days per

Calculate Money

• Take an average HR Officer's salary of £20,000*
• Average working year is 20 days x 12 months = 240 days
• 20,000 / 240 = £83 per day
• 0.4 days x £83 = £863.20
  • Piece of paper = 1p
  • 500 requests x 1p = £50

Total Costs of Holiday Paperwork Per Annum

• Cost of staff £863
  
• Cost of paper £50
  • Total Direct Costs £913 per annum

How much time and money are you spending on holiday paperwork? more...

*Personnel Today January 29th 2002 - Salary Monitor

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