Remove Ascentis Remove Recruiting Considerations Remove Retention and Turnover
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6 Workforce Metrics with Significant Financial Impact

UKG

Employee retention rates. Projected employee turnover rate. Projected new hires for the coming year. Studies have shown that businesses that accurately forecast personnel costs hit their earnings benchmarks by a considerably wider margin than those with less accurate labor costing. Projected hiring and onboarding costs.

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How to Track Employee Attendance

UKG

Let’s take a closer look at some of those time and attendance solutions and see where the advantages and disadvantages lie. Relying on these outdated tools also puts employers at a disadvantage on the data front. There are clear advantages for employees, but what is a mobile phone attendance system ‘s benefit for employers?

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

UKG

There are some strong advantages to that kind of job-based compensation. For example, a new hire who is certified as a quality engineer may bring quality-control skills and education that existing employees lack. In a high-turnover industry like manufacturing, that can be a tremendous asset for your overall operations.

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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. Let’s look at a few key considerations for more effective labor scheduling in manufacturing. Reducing turnover and empowering employees. Reducing turnover and empowering employees.

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Leave Management: A Guide to Improve Employee Leave Management

UKG

First and foremost: Let’s take a look at some of the key considerations employers should take into account when mapping out an annual leave strategy. The amount of employee leave may depend on the specific circumstances: many companies provide longer stretches of time off for maternity leave, for example. What is leave management?

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How On-the-Job Training Helps Blue Collar Employers Boost Productivity

UKG

Hiring highly qualified new talent to hold long-term positions is the ideal goal for every employer, but the makeup of the current employment landscape makes that unrealistic in most labor-driven industries. Choosing the right type of training requires an awareness of the demands of your specific working environment.

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

UKG

For employers in fields like manufacturing, construction, healthcare, agriculture, and transport, effective workforce management requires awareness of a number of variables, including: Higher than average rates of turnover. All of those factors make it considerably more difficult to optimize a workforce. Complicated labor costing.