Time Tracking
18 Time and Attendance Software Benchmarks for 2024
Inaccurate time records cost 2-5% of gross payroll, per EasyClocking by WorkEasy Software's published ROI risk benchmark. Manual timesheet errors can add up to $2,300 per employee annually (EasyClocking by WorkEasy Software, manufacturing solution overview). This catalog presents 18 benchmarks across five measurement categories, sourced from 2022-2024 industry data, to help you quantify where your timekeeping operation stands and where the gaps are costing you money.
Headline Numbers
Inaccurate time records cost 2-5% of gross payroll
Per EasyClocking by WorkEasy Software's published ROI risk data, this is the baseline exposure for employers relying on manual or poorly configured timekeeping systems.
Manual timesheet errors cost up to $2,300 per employee per year
This figure from the EasyClocking by WorkEasy Software manufacturing solution overview captures admin labor, reprocessing and employee relations time associated with payroll corrections.