The key to controlling labor costs before they happen
Labor costs challenge CFOs and HR leaders alike. Learn how UKG Pro Workforce Management helps optimize scheduling and reduce unnecessary overtime.
TL;DR
- Labor is a primary cost for organizations, but scheduling often lacks financial impact visibility.
- CFOs are pressuring HR to proactively manage labor costs, not just report on past expenses.
- Frontline-heavy industries like healthcare face acute labor cost challenges.
- Much overtime (67%) is unscheduled and could be covered by existing employees working below capacity (75%).
- Workforce management software provides a unified view of staffing, overtime, and availability.
- This visibility allows for earlier adjustments, reducing costs and improving employee well-being.
- Community Health System saw a 350% ROI and over $2.5 million in annual benefits after implementing UKG Pro Workforce Management.
- Manual scheduling replacement freed up manager time and recovered significant funds from unused full-time capacity.
- Managing complex, multi-jurisdictional labor rules requires specialized workforce management platforms.
- Real-time data access empowers HR leaders to answer finance's questions instantly and make informed decisions.