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Subject:
From:
Dana Yanaway <[log in to unmask]>
Reply To:
Records Management Program <[log in to unmask]>
Date:
Fri, 14 Sep 2012 11:44:19 -0400
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great question, I would be interested in what others have to say as well.

While I don't have any current accurate numbers, the following back of the
envelope calculus might prove insightful. In a former life I was the RM at
a large law firm. I don't have any current figures about it now it has been
so long since I was there but I imagine the numbers would be (within a
factor of 10) something like the following. Bear in mind that this is very
rough ball park type numbers


Assume total revenue = $100,000,000

Cost of RM program would include hard costs (storage fees, equipment,
supplies) Cost of staff salary & benefits, soft costs of space dedicated to
file storage & staff workspace which otherwise could be used in other
manners.

Staff costs = 750,000
Hard costs = 500,000
Soft costs = 300,000
total costs = 1,550,000 / 100,000,000 = 1.55%




On Thu, Sep 13, 2012 at 1:50 PM, Barbara Rake <
[log in to unmask]> wrote:

> How much percent of revenue do most large corporations spend on records
> management?  Thanks in advance for any information you can share!
>
>

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