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Five Ways to Cut Labor Costs with Effective Business Systems

UKG

The combination of employee wages (both hourly and salaried), benefits packages, overtime pay, paid time off and sick leave, employee wellness programs, and other labor-related expenses is an especially important consideration for a small business owner. Coordinate Payroll and Scheduling. Increase Flexibility. Diversify Skills.

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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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Leave Management: A Guide to Improve Employee Leave Management

UKG

There are countless reasons why an employee may need to request time off. Every employee deserves to have sufficient time off from work for various situations, but managing this time-off isn’t always so easy for the business’s side. For the employee, they simply just have to request the time off for a valid reason.

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

UKG

Trying to improve workforce management processes is all the more challenging in labor-driven industries. Trying to improve workforce management processes is all the more challenging in labor-driven industries. Complicated labor costing. Operational costs. Sick leave, vacation days, and other forms of paid time off.

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Leading Hourly Workforce Transformation in a Post-Pandemic World

UKG

Navigating these changes, however, could prove challenging, especially for businesses that rely on an hourly workforce. Throughout this post, we’ll go over the impact Covid-19 had on the workforce, potential challenges businesses face in the future, tips to ensure your workforce thrives, and more. Challenges Businesses Face Ahead.

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What’s Changing with Workplace Data Collection?

UKG

In many industries, capturing and analyzing workforce data was once the domain of third-party companies specializing in business analysis, but today data has become the responsibility of every employer. Understanding those outputs and acting on it accordingly is essential to staying competitive and cost efficient. Planning your budget.

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How to Calculate Labor Costs

UKG

Labor costs are not only the largest overall expense for most businesses, but they are also one of the most difficult to control. Bureau of Labor Statistics, the combination of wages and salaries with health insurance and other benefits costs employers between $36 and $52 per hour , depending on the industry.