Hidden costs = 63%

Visible costs = 37%Most businesses only consider visible costs like systeM installation and direct labour costs.

Hidden costs like indirect labour and systeM Maintenance are often overlooked in total cost of ownersHip assessMent.

However…

source: exposing tHe Hidden costs of payroll and Hr adMinistration, pwc, MarcH 2012

HIDDEN costs

VIsIBLE costs

37%

63%

tHe Hidden costs of HR and payRoll administRation

canadian businesses need to consider tHe total cost of ownersHip for Hr and payroll adMinistration.

wHy?

wHat to do

costs are across multiple departments:

finance Hr it$ $ $

tHe tip of tHe icebeRg:

recognizing hidden costs can help your business understand the true costs of managing payroll and Hr in-house. a business can save even more by using a service provider.

Using a seRVice pRoVideR Vs. in-HoUse solUtion

payroll saVe 30%Using a seRVice pRoVideR Vs. in-HoUse solUtion

payroll + tiMe and attendance saVe 43%