Today’s message is for business owners who have limited experience with data analysis, use manual timekeeping and scheduling processes, and want to use a scientific approach to better manage their workforce.
Workforce Management 101
Capturing Workforce Management (WFM) data is the first step to creating a Human Capital Optimization strategy. In order to gather and manage the data, you need effective tools. Affordable WorkforceHUB provides such tools and is ideal for the WFM beginner. WorkforceHUB is as easy to use as your favorite phone app and automates time-consuming HR processes while gathering the data that is critical for improving productivity and, by extension, profitability.
You Can’t Improve What You Don’t Understand
Let’s look at a few ways WorkforceHUB captures strategic data. TimeWorksPlus is the cloud-based employee timekeeping system in the suite. It can be used in combination with TimeWorksTouch to capture punch-ins, or employees can simply punch in/out in the employee dashboard from any internet-enabled device. TimeSimplicity paired with TimeWorksPlus has key benefits for employee timekeeping, schedule creation, employee shift trading, and general inter-departmental communication. But for the purposes of this article, let’s look at the types of data WorkforceHUB automatically captures.
Ease and Accuracy
TimeWorksPlus tracks time to the minute. Why is this important? By simply automating punch in/out, you can find out exactly who habitually punches in early or punches out late. Do you know exactly how much overtime your associates log? With pen and paper time cards, you have to look through all the time cards, find the ones with overtime listed, and add it up. TimeWorksPlus tracks overtime automatically and you can monitor it by simply looking in your manager portal.
Scheduling: Are the people with the necessary skills and/or certifications scheduled at the right time? How are production levels influenced by scheduling changes? Does employees morale change from shift to shift?
Absences, tardies, breaks, and time theft: Who punches in early? Who forgets to punch out during breaks? Who constantly punches out late every day, adding many unauthorized minutes a week to their time card?
Coverage gaps: What shifts are understaffed? How does this affect production, customer service, and workflow? Are your managers wasting time trying to find workers to cover shifts at the last minute?
Overstaffing: What shifts are costing you more in labor than is required? Are employees wasting time due to overstaffing?
Overtime: How much are you spending in overtime every month? Could this be minimized with smarter scheduling or automatic notices?
Mobile staff: Are your offsite and mobile staff members where they should be?
Schedule flexibility: Can your employees easily trade shifts? Would you have improved staff retention if schedule preferences were better accommodated?
Admin time: How many hours a week do your managers spend researching and fixing time card errors, tracking accruals, doing compliance reporting, submitting payroll, responding to employee requests for HR information, and dealing with other employee issues?
To recap the process:
1. Capture data about human resource management.
2. Analyze the data to see opportunities for improvement.
3. Make changes.
4. Assess whether the modifications were effective and adjust where necessary.
5. Continually monitor the results, especially when there have been significant changes in workflow, staff, labor law standards, or business objectives.
Of course, each one of these steps can be broken down significantly. For example, here are some sub-steps to number 3 above:
- Eliminate redundancy through automation.
- Minimize time devoted to non-billable processes.
- Improve documentation management.
- Let employees take over time card management, accrual monitoring, and shift trading.
WorkforceHUB Takes the Mystery Out of HR Data Mining
We would love to discuss more about how WorkforceHUB can help you leverage critical HR data to increase efficiency and profitability at your company. Call 888-111-2222 today to schedule a demo.
ICON, Inc. offers WorkforceHUB, the powerful, fully-integrated WorkforceHUB that makes it easy to optimize the performance of your supervisors, employees, and business.
WorkforceHUB includes TimeWorksPlus, TimeSimplicity, and TimeWorksMobile. WorkforceHUB is designed for busy employers like you who need to streamline scheduling, automate time and attendance tracking, maintain regulatory compliance, and lessen labor costs.
How much can you save? Check our ICON, Inc. ROI Calculator.
We can get you up and running with WorkforceHUB in minutes. Contact us today to book a demo.