Leveraging Labor Analytics to Make Workforce Decisions

July 23, 2014

@nettime #LaborData

with automated, cloud-based time & attendance

Webinar Presenters

Jennifer SpencerDirector of Marketing

@jenspencer

Ruli GarciaTechnical Sales Engineer

Webinar Overview

• Where does the day go?• Project management capabilities • Employee scheduling• Overtime and PTO usage • Q&A

Human Capital Costs

With payroll costs that are averaging nearly 70% of total operating expenses, it’s important to know if your workforce is your most valuable asset or merely your greatest expense

How Do Workers Spend Their Day?

Time spent in the office does not always translate to productivity.

Employees spend 8 hours per week searching for information

Employees spend 13 hours per week dealing with email

Common Distractions

Workers spend on average 1 hour/day on personal tasks

How Are YOUR Employees Spending Their Days?

Time & Attendance Software

Time & attendance software allows management teams to analyze time spent by all levels of employees within any given time frame, providing executive-level decision makers with the proper data to make strategic workforce decisions.

Drilling Down into your Data

Scheduling Dilemma

Forecasting Employee Schedules

Scheduled vs. Actual Hours

Use stratustime labor analytics to compare your scheduled hours to the amount of hours your employees are actually working.

Visual Scheduler

Quickly scroll through different employee groups with the stratustime visual scheduler to make sure you are properly staffed on a given day.

Overtime and PTO Usage

How many employees do you know who consistently work overtime?

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Employee Burnout

Overtime [is] associated with poorer perceived general health, increased injury rates, more illnesses, or increased mortality.

Centers for Disease Control and Prevention

Vacation – Not Just an Employee Benefit

Reporting on Overtime & PTO

Use stratustime labor analytics to view how overtime may be affecting your departments or individual staff members.

Reporting on Overtime & PTO

Are your employees using their time off?

“Once you squeeze the toothpaste out of the tube, it’s nearly impossible to get it back in.”

Time, Money & Toothpaste

stratustime Alerts

With the alerts module we have in stratustime, you can quickly gain insight into the areas most important to you.

stratustime Alerts

Employee is Nearing Overtime

Employee is Absent

Misses a Punch

Comes in Early

Skips a Meal

Employee’s Certification is Nearing Expiration

Questions?

Leveraging Labor Analytics to Make Workforce Decisions

For more information, call 800.561.6366 or visit nettimesolutions.com to request a customized demonstration of our time & attendance software.