Outsourced vs in-house payroll?
Find out if outsourcing payroll would be more cost-effective for your school or MAT.
Try the calculator:
Benchmarks used: outsourced payroll ~ £7.44 per payslip (monthly cycle ≈ £89.28 per employee per year). In-house cost per employee is modelled from a £50,000 fully loaded payroll officer with 7,000 payslips per year and £30 software per employee. Breakeven guidance ~700 staff.
Direct cost comparison
Outsourced cost per employee per year
In-house cost per employee per year
Employees entered
Total outsourced cost per year
Total in-house cost per year
Direct savings
Saved per employee
Saved overall per year
Percent saving
Payroll admin time saved
Hours spent per month
Annual hours
Hourly rate for selected role
Value of time reallocated per year
This figure isn’t included in the direct savings above. It shows the potential value of the time your team could save by outsourcing payroll.
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