Costs and return for finance
What Lifetick costs for a team of your size, how billing works, and a simple way to show finance what it's worth using your own numbers.
Finance usually wants three things: what it costs, how it's paid, and what the business gets back. Here's each one.
What it costs
The Team plan is $4 a person a month, with a minimum of 5 people. Everyone active in your organisation counts, including managers and admins.
| People | A month | A year |
|---|---|---|
| 5 | $20 | $240 |
| 10 | $40 | $480 |
| 25 | $100 | $1,200 |
| 50 | $200 | $2,400 |
Prices are in Australian dollars if your organisation is in Australia, and US dollars everywhere else. Organisations of 100 or more can talk to us about the Professional plan, and schools and organisations of 1,000 or more about school-wide and custom plans. See Pricing.
How it's paid
- Free for two weeks. No card is needed to start the trial.
- Monthly, by card. After the trial, the owner adds a credit card and Lifetick charges it once a month.
- You pay for the people you have. The amount depends on how many active people are in your organisation on each billing date. People you deactivate stop counting from the next payment.
- No lock-in. It's month to month, and you can cancel at any time.
- Tax invoices. Every payment has a tax invoice on the Billing page, and each owner gets an email when a payment goes through.
See Team billing for the details. If your organisation needs to pay by invoice or purchase order, email [email protected].
What it's worth: a simple model
Lifetick saves time in two places: managers spend less time chasing updates and preparing for one-on-ones, and people spend less time writing status reports. You can put a dollar figure on that with your own numbers.
Work out the break-even. Divide the monthly cost by what an hour of your people's time costs, including on-costs. That's how much time Lifetick needs to save each month to pay for itself.
For example, at $4 a person a month and $50 an hour, Lifetick pays for itself if it saves each person about 5 minutes a month.
Then estimate the saving. For a team of 1 manager and 9 people, at $50 an hour:
| Time saved a month | Worth | |
|---|---|---|
| Manager: shorter status meeting and faster one-on-one prep | 2 hours | $100 |
| Each person: no weekly status email, 10 minutes a week | 40 minutes, so 6 hours across 9 people | $300 |
| Total | $400 | |
| Lifetick for 10 people | $40 |
These figures are examples. Use your own hourly cost and your own guess at the time saved, or better, measure it in a trial. See Run a pilot and measure it.
Returns that are harder to count
Some of the value doesn't show up as hours, but finance and leadership often care about it most:
- Problems surface earlier. Weekly check-ins and the Today page show who's stuck or overdue now, not at the annual review.
- Goals tie to strategy. Each goal sits under one of your core values, so the Outcomes report shows where effort is going. See Progress by core value.
- Fewer regretted leavers. Regular one-on-ones and check-ins help managers spot when someone's unhappy. If your HR team has a figure for what replacing someone costs, compare it with a year of Lifetick: keeping one more person can cover it.
What to measure
Agree up front how you'll judge it. These come straight from the team Outcomes report, and you can download it as a PDF for your report to finance:
- Check-in response rate. Are people taking part?
- Goals on track or completed.
- Tasks done on time.
- Average mood, from check-in answers, at the start and end of the period.
