Workforce Management: Then and NowThursday, April 11, 2019
Workforce management is the integrated set of processes that the HR of a company follows to achieve optimal employee productivity. Workforce management is a crucial for the success and failure of any organization. The leadership team of any organization concentrate on Workforce Management planning- both for the short-term and long-term. Availability. Cost efficiency. Regulation. Productivity - These are the 4 major categories across which workforce management is measured Workforce management has always been the principal factor impacting employee satisfaction and therefore, the brand perception, as well leading to overall success. Happy employees boost a brand’s goodwill. Employees are happy when they are recognized for their performance, while most of the times through remuneration and special rewards but it may not always be the ultimate recognition strategy used by corporates. Having said that surveys conducted on workforce management trends show that consistent incorrect payroll calculations, manual processing of incentives and bonuses are the culprits behind dissatisfied employees. All that is history now. Automation is the buzzword now and HR is not an exception anymore. Automated workforce management solutions iron out all the discrepancies and ensure a flawless payroll process. Besides payroll, workforce management solution also ensures effective workforce scheduling so that employees have a better work life balance. Visibility to one’s work schedules, leave balance and availability makes a world of difference to the employees. An autonomous system with optimum accuracy means efficient labor management, error free timesheet, lower risk of non-compliance, and a better brand presence. Workforce management solution is a basic necessity nowadays, with significant benefits that it offers, namely: - Visibility to resources and processes - Automation of processes to reduce time and effort - Scalability - Real-time evaluation of employee performance Workforce management not only manages capacity planning, but it also enables the management in mapping skills of its employees which in turn helps in determining the career path of the workforce. An optimally mapped workforce will always deliver on business objectives. Have you OPTIMIZED your workforce management?