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6 Workforce Metrics with Significant Financial Impact

UKG

CFOs are seeking out data on absences for sickness or injury, varying rates of absence across multiple worksites, average lengths of time off, and other wellness-related data that was previously thought of as more the domain of human resources. Data analysis. Some noteworthy data analysis KPIs might include: Overtime hours.

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4 Key Questions for Making Smart and Strategic Workforce Management Decisions

UKG

Developing an organization-wide workforce management strategy requires high quality data and a reliable plan for gathering, assessing, and implementing that information. How do you analyze your data? With very few exceptions, today’s workplace is driven by data. Reducing employee turnover.

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HRIS vs. HCM Software

TrustRadius HR

At its core, an HRIS is a central repository of employee data, including professional and relevant personal data like addresses and direct deposit data. This data source is used to enable HR functions that every business uses, such as payroll , personnel tracking, and benefits administration. What is an HRIS?

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20 Best Employee Recognition Software Solutions in 2023

Empuls

Many organizations are implementing various employee recognition software, giving an edge over their competitors. These softwares are the present and the future of modern employee engagement and employee lifecycle management. Gulf Taleed Gulf Taleed collaborated with Xoxoday Empuls in enhancing employee engagement.

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Workforce Optimization Best Practices for Blue Collar Employers in Labor-Driven Industries

UKG

Failure to keep properly certified employees on staff can put an employer at risk of a compliance violation, or even endanger the safety of patients and staff. Analyzing employee data is essential to optimizing an organization’s scheduling practices and identifying areas that need to be improved or overhauled.

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What’s Changing with Workplace Data Collection?

UKG

Data drives the modern working world in ways that would have been unfathomable not so long ago. In many industries, capturing and analyzing workforce data was once the domain of third-party companies specializing in business analysis, but today data has become the responsibility of every employer. Understanding your workforce.

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How HR Teams Can Put Hours Back on a CFO’s Calendar

UKG

In a field like finance, where meticulous data entry and extensive recordkeeping are essential everyday functions, automating as many steps as possible is a tremendous time-saver. Consolidate Data. The post How HR Teams Can Put Hours Back on a CFO’s Calendar appeared first on Ascentis.