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PRODUCTIVITY ANALYSIS
The impact of 30 minutes wasted each day
in your business.
2003
WASTED TIME PER DAY PER EMPLOYEE       30 MINUTES
NUMBER OF EMPLOYEES       37 EMPLOYEES
TOTAL WASTED TIME IN ONE DAY       1110 MINUTES

THEREFORE THE FORMULA IS:

          

USING CURRENT PAYROLL OF

       $449,696  

AND CURRENT SALES OF

       $2,203,471  
CURRENT PAYROLL DIVIDED BY "WORK MINUTES" PER YEAR      

$3.91

 
WASTED TIME PER DAY IN MINUTES       1,110  
COST OF WASTED TIME PER WORK WEEK       $4,343.57  
COST OF WASTED TIME PER YEAR       $225,865  
AS A PERCENT OF CURRENT PAYROLL       50.23%  
AS A PERCENT OF CURRENT SALES       10.25%  
IF 15 MINUTES WERE RECOVERED AND ADDED TO PROFIT,          

THE NEW PROFIT WOULD BE

       $170,333  

INSTEAD OF THE CURRENT

       $57,400  

OR AN INCREASE IN PROFIT OF

       $112,933  
           

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