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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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Manufacturing Work Schedules

UKG

Managing a manufacturing schedule efficiently and effectively requires foresight, adaptability, and close attention to the skills and training required to complete each project. Effective schedule management impacts every aspect of your business, from reducing costs to improving productivity to increasing employee retention.

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HRIS vs. HCM Software

TrustRadius HR

One obstacle to modernizing HR processes can be confusion over what kind of product can best fit your needs. The confusion around different HR software options is understandable since there’s a substantial overlap between what various product types offer. What is an HRIS? When do I need an HRIS? The Growth of HCM Suites.

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What Can Employers Learn From Amazon’s Leave Management Problems?

UKG

Automation : According to the Times, the unwieldy nature of Amazon’s leave management system “forces human resource employees to input many approved leaves, an effort that last fall alone required 67 full-time employees.” The post What Can Employers Learn From Amazon’s Leave Management Problems?

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

UKG

The tricky thing about workforce management is remembering how much management it really involves. Trying to improve workforce management processes is all the more challenging in labor-driven industries. Learning management and training programs. Overtime pay. Payroll tax. Equipment, technology, and other supplies.

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5 Strategies to Reduce Overtime Costs

UKG

On the other hand, paying workers for hours beyond your original projections can feel like something close to a failure for your workforce management team. Recognizing those overruns before they happen lets you adjust schedules and set more realistic productivity goals, preventing costly overtime pay.