How much does a knowledge worker cost for a small-to-medium sized high-tech company? CogniDox answers the question and shows how to cut costs by helping them do their job better.
We've written a short paper on the costs of knowledge workers to their employers:
Using a hybrid of data about the average time spent on office tasks combined with the latest survey of scientist and technologist salaries by the UK Government, the paper shows how a 50-person company can realise a 5-times return on investment in the first year.
Just as importantly in these cash-strapped times, the paper shows how the right type of pay-as-you-go software licensing can result in that initial investment being as low as £15,000. That's less than 1% of the direct labour costs.
The paper poses and answers these questions:
- How much does a Knowledge Worker cost? - What does a Knowledge Worker do? - How much time does it take? - Costs of an Information Management Project? - Return on Investment?
A £15,000 project saves a minimum of £70,000 in Year 1 alone.
Interested in trying CogniDox for yourself? Ask us to set you up with a demo account from our Contact page.