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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. That has also changed the way we will consider which metrics matter most in the near future. Projected new hires for the coming year. Compliance.

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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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How Flexible Scheduling is Transforming Manufacturing

UKG

If your scheduling software reveals a persistent problem in keeping a certain piece of equipment operating, for instance, it may be cost effective to either hire a new employee with the necessary certification or to train an existing employee to fill that role. Better employee retention and recruiting.

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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. Accurate, easily accessible records can even inform hiring decisions by exposing areas where those kinds of skills gaps exist. Staying safe and compliant.

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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. That will inform recruitment and training decisions as your organization prepares to replace departing employees. Where are your biggest skills gaps?

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Skill-Based Pay 2.0 & Manufacturing: A Match 30 Years in the Making

UKG

For example, a new hire who is certified as a quality engineer may bring quality-control skills and education that existing employees lack. Learn how Ascentis helped Guardian Energy Management successfully implement a skill-based pay system by downloading our client story.