article thumbnail

Time & Attendance ROI

UKG

With so many workforces including a mix of full-time and part-time employees, contractors, and freelancers, calculating the productivity and costs associated with employee time tracking becomes a complicated and time-consuming process. Automated time and attendance system. Risks of not automating.

article thumbnail

The CFO’s Role in Fighting Workplace Theft

UKG

Time and attendance fraud. While advancements in time and attendance software have made many previously common types of fraud harder to pull off, fraudsters keep up with the times as well as any employer. The post The CFO’s Role in Fighting Workplace Theft appeared first on Ascentis.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What are the Benefits of Time & Attendance Systems

UKG

Time and attendance systems track employees’ worked hours, then exports these hours for payroll processing. Additionally, a time and attendance system enables an organization to analyze employee performance. However, time and attendance systems not only help businesses grow, but they also benefit the employees as well.

article thumbnail

The True ROI of Automating Time and Attendance

UKG

One of the most common reasons we hear for organizations being reluctant to update their time and attendance systems is a fear that an upgrade will be too expensive. Depending on what system your business is currently using, the potential savings of an automated time and attendance system are too enticing to ignore.

article thumbnail

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. Lost-time injuries per employee. Paid time off and leave requests. Data analysis.

Metrics 52
article thumbnail

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

UKG

Sick leave, vacation days, and other forms of paid time off. Time and attendance: Making a clear-eyed assessment of your workplace’s time and attendance data is at the core of any workforce optimization plan. That includes a broad range of expenses that may vary across industries and individual employers.

article thumbnail

What are the Benefits of Job Scheduling Software?

UKG

More and more employers are dealing with a mix of full-time employees, part-time employees, contingent workers, contract workers, and freelancers. Effective scheduling is more than just time management. Even under the best of circumstances, managing employee scheduling takes some time and effort.