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iSolved ROI Calculator

See an estimate of the money you can save each year by investing in our solutions and services rather than doing them yourself.

Instructions:

Take a moment to read through each item below. Then, to show the potential cost-savings for your company, follow these steps:

  1. Change the first field to the number of employees in your company. For example, the default value is 220, but if your company has 80 employees, change that field to 80.

  2. Change the second field to show the average hourly rate for your HR / Benefits Admin. employees. This rate is used to calculate the cost of the time it takes for them to perform each task.

  3. Then, for each item below, update the value to show the number of hours your HR / Benefits staff currently spends on each task. For example, if your staff only spends 1 hour per week to manage day-to-day record updates for your employees, change the first field to 52. (1 hour per week x 52 weeks per year).

  4. As you enter the values for your company, the estimated savings will update automatically.

Enter the number of employees in your company:

Enter the average hourly pay rate for your HR / Benefits staff:

Time Spent
(Hours per year)
Estimated Savings

Estimated hours and dollars saved per year

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General

Entering same data in multiple systems. Loading...

Human Resources

Maintain employment-related demographic data for employee (e.g., birth date, employee number, gender, hire date, contact information, job change). Loading...
Timely processing of all required Work Opportunity Tax Credit (WOTC) paperwork. Loading...
Maintain ethnic, visa and I-9 related data. Loading...
Maintain beneficiary and tax-related elections. Loading...
Maintain current/former employee data and audit trail of updates. Loading...
Maintain language, education, training and certification data. Loading...
Managing PTO accruals and processing all types of leave of absence. Loading...
Manage Workers' Comp, including state-mandated new hire reports. Loading...
Maintain OSHA logs at the employee level. Loading...
Track progressive disciplinary actions. Loading...
Process standard compliance reports (e.g., EEO-1, workers' comp, multiworksite and Vets-100) Loading...

Benefits

Connection to carrier sites for changes, open enrollment, or new hire reporting Loading...
Establish benefit/deduction plans with multiple types and options and track waivers and eligibility. Loading...
Update benefit/deduction plans based on employee status change. Loading...
Employee benefits data entry. Loading...

Managed Services: COBRA

Managing COBRA events and notifications. Loading...

Payroll and Tax

Pay period, monthly, quarterly and yearly payroll tax processing and printing payroll checks and generating direct deposit files. Loading...
Tracking all salary changes and deductions. Loading...
Calculate, enter and process all garnishments and child support. Loading...
Enter benefit deduction amounts for each employee. Loading...

Time and Labor

Time spent processing manual time cards. Loading...
Calculate grace periods, premium time, and apply rounding rules uniformly. Loading...

ACA Compliance

Manage all standard and unique look back measurement periods Loading...
Manage Section 6055 and 6056 data and filing. Loading...
Manage all plan selection in compliance with ACA reform Loading...

Estimated Hours and Dollars Saved

2036

$40,720.00

Transform the way you manage your most important asset — your people.

The iSolved Difference

iSolved is the perfect fit for small-to-mid-sized companies. We believe this size of company deserves one comprehensive human capital management solution to not only navigate today's business compliance maze, but to also efficiently handles complex workforce management needs.