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6 Workforce Metrics with Significant Financial Impact

UKG

Knowing which metrics and measurements to focus on is a perennial challenge for CFOs and finance departments, and the current state of workforce management makes it that much trickier. Data analysis. Some noteworthy data analysis KPIs might include: Overtime hours. Projected new hires for the coming year.

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How Can Healthcare Employers Stay Compliant with Staffing Regulations?

UKG

With healthcare facilities in the midst of a long-standing worker shortage that only worsened during the pandemic, maintaining a properly certified staff across multiple shifts can be a real challenge. This is also an area where employers may want to invest in upgrading their recruitment and hiring processes.

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HR’s Role in Managing Complex Pay Structures

UKG

The modern workplace employs a combination of hourly and salaried employees, contract and contingent workers, freelancers, short-term and seasonal hires, and other classifications, each with their own unique payroll requirements. Depending on your industry, some employees may work on commission. Conduct salary reviews.

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Five Ways to Cut Labor Costs with Effective Business Systems

UKG

Labor costing can make a huge difference for smaller employers where each salary makes up a larger percentage of the total budget. Fortunately, there are plenty of ways employers can use their existing workforce management software and business systems to reduce labor costs. Coordinate Payroll and Scheduling. Increase Flexibility.

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

UKG

This is actually not an uncommon problem for businesses that have experienced rapid expansion and have outgrown some of the systems that worked for them on a smaller scale. Not only is hiring that many workers just to manage leave and time-off requests expensive, processing that volume of data by hand is a sure way to maximize human error.

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M&A Friday! This Week’s HR Deals

Advos

Scoutible, a video game-based Artificial Intelligence for Hiring, Raises $5M in Seed Funding. Ascentis Announces Integration Partnership with Sage Intacct. BrightMove Creates First Usage-Based Applicant Tracking Software with Daily Pricing; Gives All Organizations Opportunity for Rich Features Available to Big-Budget Business.

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4 Key Questions for Making Smart and Strategic Workforce Management Decisions

UKG

Virtually every aspect of their roles, from setting employee schedules to bringing on new hires to establishing time and attendance policies, requires strong decision-making skills. Begin to fill in the skills gaps by recruiting and hiring new employees and/or training and certifying existing employees in necessary skills.