RateShop Reports Save You Money!
If you have a person in-house earning $40,000 per year with typical benefits and overhead spending two hours per week updating ten competitors, the total cost is around $277.33 per month to update the report. Real-time RateShop Reports cost $8.33 per month per competitor, or $83.33 for ten competitors. This means you save $2,328 per year by outsourcing to RateShop.
| Base salary | $ 40,000 |
| Taxes and benefits - 30% | 12,000 |
| Overhead - 30% | 12,000 |
| Total cost | $ 64,000 |
| Work hours per year | 2,000 |
| Hourly cost | $ 32.00 |
| Hours per week preparing report In-house | 2.0 |
| Cost per hour | $ 32.00 |
| Weeks per month | 4.33 |
| In-house cost per month | $ 277.33 |
| RateShop cost per month | $ 83.33 |
| Monthly savings | $ 194.00 |
| Months per year | 12 |
| Total annual savings | $2,328 |