Labor Cost Optimization Using Data Analysis
In this webinar, our Technology Head Milan Desai talked about how companies can optimize their labor cost, drive performance, and employee satisfaction by a data-driven approach.
- HR would be able to forecast how to pay policies and schedules are driving labor cost, productivity, and revenue.
- People drive the business and the bottom line and having a clearer picture of how compensation motivates workers.
- How schedules drive attendance, recruitment and retention would enable them to position workers based on schedule fit, worker skills, and cost.
- They would also help managers influence the daily situations where pay policy and work opportunity converge and potentially inflate labor spending or upset employees.
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