All workplace tools

CALCULATOR 08

Time-Loss Cost

See what one delay or interruption costs when paid time and missed work value are counted together.

LIVERESULTS

Your time-loss event

Saved on this device
$
Include payroll or contractor costs when known.
min
Use requests, appointments, tasks, orders or another useful item.
$
Enter zero if you only want paid-time cost.

How the estimate works

Workminute combines the paid time during the interruption with the contribution value of work that could not be completed.

Event cost = paid time + delayed items × value per item

Use this number well

  1. Use your fully loaded labour rate when available.
  2. Use contribution value—not the full selling price—for a more realistic estimate.
  3. Track the same type of stop for several weeks.
  4. Compare the annual impact with the cost of preventing the problem.