The cost of downtime

Since the disruptions caused by the earthquakes, a lot of Christchurch companies have a better idea of the true cost to their businesses when they can’t trade.

Many overlook the fact that the cost of an employee is much higher than the hourly rate he or she is paid.

If we add to that the cost of lost sales and fixed costs such as insurance and rates then it all gets a bit scary.

One of our clients calculated their downtime at $3,000 per hour. At that rate, losses start to mount up quickly.

Computer Culture’s role is to help you put in place systems which will enable a company to get back up and running in the shortest time possible, therefore reducing the downtime cost.