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6 Workforce Metrics with Significant Financial Impact

UKG

For much of 2020, many finance teams were forced to shift their focus from maximizing profitability to simply staying operational. Employee retention rates. Projected employee turnover rate. Contact Ascentis for a demonstration today. Some noteworthy data analysis KPIs might include: Overtime hours. Fraud detection rates.

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Manufacturing Work Schedules

UKG

Effective schedule management impacts every aspect of your business, from reducing costs to improving productivity to increasing employee retention. Reducing turnover and empowering employees. The pandemic of 2020 has impacted every aspect of the manufacturing industry, including scheduling practices. Staying safe and compliant.

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Leading Hourly Workforce Transformation in a Post-Pandemic World

UKG

In February 2020, global labor markets experienced a dramatic shock due to the novel coronavirus, with millions of workers either losing their job or shifting to remote work. How Ascentis Time Can Help. In fact, the unemployment rate reached a historic high in April 2020 since data collection began in 1948, reaching 14.8%.

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4 Ways Blue Collar Employers Can Improve Employee Relations

UKG

Reducing those turnover levels requires an active approach and a willingness by employers to build up stronger employee relations. That can have a major impact on employee morale and contribute greatly to high turnover rates. The post 4 Ways Blue Collar Employers Can Improve Employee Relations appeared first on Ascentis.

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Reskilling, Upskilling, and Retaining Talent in the Workforce

UKG

The events of 2020 may have put this in sharper focus than usual, but human capital management and financial operations professionals need to be attuned to these factors today and beyond. That’s another major consideration for employers in high turnover industries, like manufacturers, healthcare employers, and construction firms.