Kronos, the company that introduced the first micro-processor time clock in the 1970s, knows how tricky workforce management (WFM) can be. In this article, TEC principal analyst P.J. Jakovljevic looks at WFM challenges facing organizations, particularly those with large, complex workforces, and how Kronos’ innovative solutions help companies control labor costs, minimize compliance risk, and improve workforce productivity.
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1000 companies, use Kronos time and attendance (T&A), scheduling, absence management, human resources (HR) and payroll, hiring, and labor analytics applications. What’s So Tricky about Workforce Management? I understand that employees on hourly wages tend to cheat with the clocking-in and -out times (no reporting being late, taking longer breaks, etc., see Kronos’ recent survey findings on which employees worldwide tend to “fudge” their clocks to get more pay), but what is the big deal about