Remove Ascentis Remove Recruiting metrics Remove Retention and Turnover
article thumbnail

6 Workforce Metrics with Significant Financial Impact

UKG

Knowing which metrics and measurements to focus on is a perennial challenge for CFOs and finance departments, and the current state of workforce management makes it that much trickier. That has also changed the way we will consider which metrics matter most in the near future. Employee retention rates. Job and labor costing.

Metrics 52
article thumbnail

How Flexible Scheduling is Transforming Manufacturing

UKG

As more flexible scheduling options become more and more the standard for the modern workforce, manufacturers are finding new ways to use that flexibility to boost productivity, improve employee retention, and attract higher quality job applicants, among other benefits. Better employee retention and recruiting.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Manufacturing Work Schedules

UKG

Effective schedule management impacts every aspect of your business, from reducing costs to improving productivity to increasing employee retention. Accurate, easily accessible records can even inform hiring decisions by exposing areas where those kinds of skills gaps exist. Reducing turnover and empowering employees.

article thumbnail

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

UKG

Not only is hiring that many workers just to manage leave and time-off requests expensive, processing that volume of data by hand is a sure way to maximize human error. Education : High rates of turnover often means that roles have to be filled by workers who may not be fully prepared to fill them. appeared first on Ascentis.

article thumbnail

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

UKG

For example, a new hire who is certified as a quality engineer may bring quality-control skills and education that existing employees lack. Having the option to earn higher wages on their own terms also gives employees incentive to stay with your organization , thus improving your employee retention rates.

article thumbnail

How to Track Employee Attendance

UKG

How to keep track of employee attendance efficiently and cost-effectively is a different challenge for every employer. The employee data collected by a mobile attendance app also provides invaluable information that can inform everything from hiring decisions to schedule management. What is an employee attendance tracker ?

article thumbnail

Leave Management: A Guide to Improve Employee Leave Management

UKG

If an employee doesn’t let HR know they won’t be in at work one day and they’re the only one who could operate a crawler crane, for example, that can delay an entire construction project and end up costing you even more money. This reduces the risk of human error that can end up costing your company money.