Can custom software cut my wage bill?
You may have noticed they we have re-jigged our marketing a little and started to refer to saving £25,000+ a year, and you may be wondering what that’s all about and where that number came from; so let me explain.
£25,000 represents the realistic minimum of what it would cost most businesses to take on a full-time staff member. Not only does that figure include the basic annual wage of the individual (which we’ve based on the April 2023 minimum wage), but other costs too.
Here is how we have reached that figure:
Basic Wage (40-hour week at £10.42 per hour) |
£21,673.60 |
Employer National Insurance Contribution |
£1,892.24 |
Minimum Pension Contribution |
£706.96 |
Office/Tools Costs (Computer to use, software, chair to sit on, tea/coffee etc.) |
£900.00 |
Total: |
£25,172.80 |
The point here is that it’s highly unlikely that any business is paying less than £25k a year for a full-time employee (if they are, they are probably a very lousy employer!), most businesses will be paying far more through higher salaries, employee benefits, or both.
(It's also worth saying we've not accounted for onboarding costs or other aspects such as holidays and sickness in our calculation).
So, what’s that got to do with software?
Well, if a business is paying someone £25k+, they’ll want to be sure you are getting maximum value out of them. That means ensuring their workflow is as streamlined as possible and that employees aren’t getting bogged down with jobs that could be automated and handled by a computer.
Unfortunately, many businesses have struggled to find that sweet spot of efficiency, and the main culprit that prevents that is the software their staff use.
Aspects of the workflow that obviously could and should be automated can’t be because the software won’t support it or do it in the needed way, so staff are forced back to using alternative manual methods. (Paper, spreadsheets etc.) Now you might think those few aspects might only take a few extra minutes a day, but often it’s the tip of an ice burg that many business owners simply don’t see.
We’ve visited many businesses in the past and seen their staff working hard and doing their best but doing things in a protracted and inefficient way. Tasks that would take seconds for a computer to do is being done manually and takes minutes, which quickly turns into hours and days, and before you know it you've freed up the equivalent of a full-time member of staff.
This is the mission we are on, to try and regain those hours back for business owners by giving them and their staff the tools and software they need to be as efficient and productive as possible.
If you would like to see if your business would benefit from custom software, please get in touch.