ROI Calculator Methodology

• The cost savings from the calculator are determined based upon the survey of 110 HeavyJob customers that have been using the software for a minimum of two years.
• The survey was designed to determine the value that customers receive from various features of HeavyJob, including:
  • Margin improvement from production planning
  • Foreman productivity improvement
  • Project Manager productivity improvement
  • Payroll department time savings
  • Payroll error reduction
  • Billing accuracy improvement
  • Billing and Payment speed improvement
  • Equipment hour tracking and reduction
• The survey asked customers to estimate productivity improvements, payroll error prevention, and margin improvement to calculate the value a company would see from HeavyJob for each Project Manager and Foreman using HeavyJob.
• To determine the dollar value of these improvements, the calculator uses wage information from the US Bureau of Labor and Statistics for foremen and project managers in the construction industry.

Assumptions
PM Hourly Pay	$60
Foremen Hourly Pay	$41
Payroll Hourly Wage	$28
Cost of Payroll error	$271
Average Equipment Run Time Cost per Hour	$125
Cost of Capital	7%
Project Margin %	10%
Equipment Cost as % of Overall Cost	10%