Don't waste time and money
Do you use a shredder in your office?
If you’re a business professional who thinks that using an office shredder is a cost- effective way to protect your clients, customers or patients from identity theft and the unauthorized disclosure of private information…then I’d like to challenge you to calculate your own costs, to see just how much money “do it yourself shredding” is costing you..
A breakdown of costs
To illustrate, let’s take a look at a typical small business office. As soon as information destruction laws went into effect they purchased a modestly priced personal shredder (Fellowes Power Shred SB-97C) for $185. The chart below shows how much it cost this small business to operate their office shredder.
Number of employees 5
Total daily minutes spent spredding / employee 3
Total daily Man Hours Spent Shredding 15
Average hourly wage (including benefits) $16.19
Total daily shred time (Hours) 0.25
Number of work days per month 21.67
Number of hours per month employees shred 5.42
Total Monthly Labor Cost To Shred $87.71
Purchase price of Fellowes Power Shred SB-97C $185.00
Life expectancy of shredder (Number of months) 36 mo.
Monthly depreciation cost $5.14
Monthly maintenance cost $4.73
Total Monthly Equipment Cost $9.87
Total labor cost $87.71
Total equipment cost $7.81
Total Monthly Cost of Office Shredder $97.58
* Includes time to pick up paper, straighten pages, feed shredder, clean up and pa