EPF and ETF are calculated as fixed percentages of total monthly earnings, 8% employee and 12% employer for EPF, 3% employer-only for ETF, so a single incorrect input doesn’t stay small, it compounds across the whole contribution base for that employee. Most businesses only catch these errors after the fact, as a payroll dispute or a late-remittance surcharge.
Enter your employee count, how often payroll corrections currently happen, and roughly how long each one takes to fix, and this calculator estimates the monthly and annual cost of running payroll manually rather than through a connected system.
What the calculator estimates
- Monthly cost of manual payroll corrections
- Monthly cost of overtime calculation errors
- Cost of repeated data entry across systems
- Estimated annual cost of manual payroll administration
Payroll Error Cost Calculator
Estimate the monthly and yearly cost of manual payroll work in Sri Lankan rupees.
EPF/ETF rework assumes 25 minutes per case. Count each error once to avoid double counting.
Estimated monthly cost: LKR 0
Estimated annual cost: LKR 0
Illustrative estimates only. Actual savings are not guaranteed. EPF (employee 8%, employer 12%) and ETF (employer 3%) contributions are not themselves costs of payroll errors or included as losses.
