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Shred Pro::Cost Comparison Security is our business. |
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A cost comparison Shredding “in-house” demonstrates that a company is well aware of the need for security and protecting proprietary information. Ignoring the initial and ongoing cost of the shredder or shredders, and the cost of actually doing the shredding, a basic cost analysis of this procedure proves that this method while on-site and assumed secure can become very expensive. Most company staff personnel are paid approximately $10.00 per hour plus benefits. If all members of your staff spend 5 minutes shredding paper on a daily basis, the cost of having this done internally can reach a noteworthy amount over the course of the year. Please examine: Employee “A” spends exactly 5 minutes per day shredding self-generated confidential paper, as does everyone. Employee “A” works at a cost of $10.00 per hour. The cost is approx. $.17 per minute spent shredding. Carrying on the math, results in a cost of $.85 per day. Now, if employee “A” is on the job 264 days per year, (22 work days per month over the course of a year) the yearly cost for this one employee to shred paper is $224.40. Multiply that times the number of employees (assume 5) and the cost per year is $1,122.00 Service with Shred Pro for one security cart with monthly service (holds approx. 300 lbs. of material at a monthly charge of $59.95) and typically will accommodate an office of 20 – 25 people. The total cost for our service for one year is: $719.40. A savings of $402.60 per five employees. Please note that we have dismissed the initial cost of your shredding equipment, service and/or maintenance, down time and any other associated cost relative to electrical current usage, space occupied by the equipment, employer contributions for Medicare and social security in the payroll cost, or the fact that equipment may be busy requiring an employee to wait. Equipment may also overheat and cause an enforced cool down mode due to a continuous or high level of use. The final aspect of the do it yourself shredding scenario is that after shredding, you will still have the shredded paper to dispose of. Another overlooked aspect of this picture is security! Every company is BUSY! All of us are aware of the need to shred and fully intend to get the daily shredding done and keep it current. But let’s face it, does it really happen? In the modern day office it is accepted that every employee will generate about ½ to ¾ of pound of paper per day. Multiply that times the typical number of workdays in a month (again 22). The result is 17 lbs. of paper per employee per month. For the single employee, he or she will generate 198 lbs. of paper over the course of the year. Day to day work can result in the shredding piling up. At the rate of paper generated, it will not take long for a rather inconvenient pile to accumulate by the shredder. Janitorial staff could inadvertently “recycle” or simply “trash” this paper. Employees have many tasks and duties to perform throughout the day. An employee may be inclined to take a short cut and simply “put it in the trash” to avoid the inconvenience of using the shredder. A definite security risk. |
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