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Track your Savings in Real Time
With KARE Savings Versus Overtime, see exactly how much you save using KARE Heroes compared to overtime. Spoiler alert, it's a lot! The average community saves $3,948 per month using KARE compared to fully burned overtime.
How is KARE Savings Versus Overtime Calculated?
To find the total amount saved using KARE versus employees on overtime, we calculate the total expense of having a W-2 employee on overtime based on the shift length and subtract it from the total expense of using KARE for a shift.
To find the costs of having a W-2 employee on overtime, we use the following factors per hour:
- Average hourly cost of the employee license type in your market
- 1.5x overtime multiplier
- Payroll taxes (FICA, FUTA, SUTA)
- Workers compensation
- Paid time off
- Payroll fees
Sign up to seize your savings.
Track your Savings in Real Time
With KARE Savings Versus Overtime, see exactly how much you save using KARE Heroes compared to overtime. Spoiler alert, it's a lot! The average community saves $8/hr. using KARE compared to fully burned overtime.
Sign up to seize your savings.
How is KARE Savings Versus Overtime Calculated?
To find the total amount saved using KARE versus employees on overtime, we calculate the total expense of having a W-2 employee on overtime based on the shift length and subtract it from the total expense of using KARE for a shift.
To find the costs of having a W-2 employee on overtime, we use the following factors per hour:
- Average hourly cost of the employee license type in your market
- 1.5x overtime multiplier
- Payroll taxes (FICA, FUTA, SUTA)
- Workers compensation
- Paid time off
- Payroll fees
