Articles tagged as: "workforce management"

The true cost of employees: Calculate employee cost with this labor cost spreadsheet

Understanding the true cost of employees is crucial for any business looking to manage resources effectively. That’s why we’ve created this free spreadsheet download and video tutorial with detailed instructions and formulas to easily calculate employee cost at your company, as well as to forecast new hires. It’s more than just base salaries; it encapsulates […]

The workforce management apps, tools, & software that actually impact your business

Workforce management apps and software are the backbone of any smooth-sailing operation, and everybody knows it. Whether you’re talking business intelligence, employee engagement, expense management, time tracking, or anything else that contributes to the well-oiled machine that is your company, workforce management tools and software are a must at every level, within every sector, and […]

What does absenteeism cost a company? Well…and presenteeism?

The large scale costs of absenteeism and presenteeism Measuring the costs of absenteeism and presenteeism is a challenging task. In fact, there’s no magic formula to do so. As far as absenteeism goes, many people have tried to simplify the process by adding together the wages and administrative expenses associated with the behavior. Along those […]

Employee monitoring: How to avoid the most common pitfalls [and the alternative]

Discover the Hidden Traps of Employee Monitoring and Master the Art of Balancing Trust and Productivity. Learn how to avoid the common pitfalls of employee monitoring while understanding the crucial distinction between employee monitoring and time tracking. Uncover practical strategies to foster a culture of transparency, engagement, and respect in the workplace, ensuring harmony between employer objectives and employee privacy. Empower your organization with effective monitoring practices that boost productivity without sacrificing trust or morale. Dive into our comprehensive guide now.

Is your company doing this to manage human capital risks?

“Almost everything that can go wrong in a business has a human capital component.” David Creelman (CEO of Creelman Research). While most companies might agree, very few are prepared to manage human capital risks. Is yours one of them? Regardless of how automated or technology-focused the current workplace is, the most valuable asset for any […]