Compare what a process costs today with what it would cost once automated. Multiply the time each task takes by how often it happens and by the hourly cost of the people doing it, including on-costs such as benefits and taxes. Then do the same for the time left after automation and add the software cost. The 50skills benefits calculator runs this sum for any repeated HR task.
How much time can HR automation save?
It depends on the process and its volume, but customer results show the scale. Icelandair removed 4 to 5 months' worth of HR admin a year, Air Atlanta saved 50 hours a week by automating visa processing, and Íslandshótel spent 80% less time on employee benefit applications across its 19 hotels. The 50skills ROI calculators estimate the figure for your own team.
Which ROI calculator should I use?
Pick the one that matches your biggest manual cost. The 50skills AI CV screening calculator estimates sifting hours from your headcount, turnover, applicants per job and how many CVs a recruiter reviews a day. The benefits calculator works for any repeated HR task, such as benefit applications or approvals, using task time, frequency, salary, on-costs and the share of time you expect to save.
Bring your HR automation plan to life
If you’d like to learn more about the time and cost savings you can achieve with 50skills, get in touch with one of our experts.