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6 Workforce Metrics with Significant Financial Impact

UKG

A budget forecasting strategy should incorporate both an automated data analytics system and direct feedback from key players within your organization, as well as a reliable set of templates and financial tools that cut down the time spent collecting and recording that data. Projected new hires for the coming year.

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How Can Healthcare Employers Stay Compliant with Staffing Regulations?

UKG

Using Learning Management to Help Ensure Compliance. For many employees, that makes an on-the-job learning management system especially appealing. Addressing Nurse-to-Patient Ratios with Improved Recruitment. appeared first on Ascentis.

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Manufacturing Work Schedules

UKG

Accurate, easily accessible records can even inform hiring decisions by exposing areas where those kinds of skills gaps exist. When those gaps are identified, employers can put their learning management systems to use to upskill or reskill existing staff or to hire skilled laborers before issues arise.

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

UKG

Automation : According to the Times, the unwieldy nature of Amazon’s leave management system “forces human resource employees to input many approved leaves, an effort that last fall alone required 67 full-time employees.” A reputable workforce management system can automate many of those time-consuming leave management processes.

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Five Ways to Cut Labor Costs with Effective Business Systems

UKG

Rather than making new hires to fill roles requiring specific technical or mechanical expertise, employers should look for ways to train existing employees in these areas. By cross-training employees with a robust learning management system, a business can potentially save major salary expenses.

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HRIS vs. HCM Software

TrustRadius HR

This data source is used to enable HR functions that every business uses, such as payroll , personnel tracking, and benefits administration. HRIS is sometimes referred to as a Human Resource Management system, but the term has fallen out of favor with most vendors and HR professionals. What is an HRIS? What is an HCM suite?

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

UKG

Advancements in on-the-job learning management software, more sophisticated manufacturing technology, and progressive ideas about employee motivation and payroll models have combined to make skill-based pay more appealing than ever.