Do you have slow computers? But don’t want to invest the
money required for new ones?
You could be being penny wise & pound foolish.
Say your average employee costs you £15.00 per hour and they
work 2080 hours a year (40 hour week)
A fast workstation costs under £800.00 but in this example, let’s
use £800
Let us also assume that the computer upgrade cycle is 3
years, so, per employee, one £800 computer is good for 3 years. Again, the
employee costs you £15.00 per hour or £31,200 per year.
Now, we need to assume that a new workstation would be faster
for your employee and in this example we will say for 10 minutes of extra
productivity a day.
So, 10 minutes of lost productivity costs your client £2.50 per
day. £2.50 x 260 workdays = £650 per year. Multiply £650 per year by 3 years
and you get £1950
So, using this logic, a new workstation that can increase
productivity 10 minutes a day for an employee more than pays for itself. You
should also consider the immeasurable boost in employee morale you will see.
Now, imagine how the numbers can scale if the employee costs
more than £15.00 per hour, works more than 40 hours or a new workstation costs
less than £800.00 (it most likely will).