Calculating annualized savings

Annualized savings

To give you an idea of how much could, potentially, be saved by addressing the opportunities that Workforce Intelligence identifies during the time frame you selected, the system adds the total hours that could be saved and multiplies those hours by the hourly rates you set up. The default is $22 per hour.

Note: Smaller times may not add up to larger times because the savings are annualized. For example, if you are looking at a week and have one hour of savings per week, that equals 52 hours of annualized savings. if you are looking at a month, however, and you still only have that one hour of savings, it is now 12 hours of annualized savings.

You can change the rate on the Opportunity Administration page. Your Workforce Intelligence administrator can also set up multiple rates, one per department, when creating the hierarchy.

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