[June 19, 2018] |
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Workforce Ready People Analytics Transforms Data into Employee-Centric Decisions
SHRM 2018 Annual Conference and Exposition - Kronos
Incorporated today introduced Workforce
Ready People Analytics, a suite of analytics tools for Kronos
Workforce Ready that helps organizations transform human resources
(HR), payroll, talent, and timekeeping data into employee-centric
decisions that drive operational excellence and support the development
of a highly-engaged workforce.
News Facts
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Uncover trends and leverage predictive forecasts to implement
long-term improvement strategies
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Workforce Ready Employee
Perspectives draws on the full-power of Workforce Ready's
unified platform of HR, workforce management, and payroll data to
quantify employee performance, reliability, risk, and even
happiness, along with dozens of other attributes.
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Employee Perspectives allows managers to replace choices
previously made solely on intuition with evidence-based decisions,
such as assigning employees with high reliability scores to open a
store in the morning, rewarding the highest performers with
preferred shifts, or identifying employees who may be at risk of
quitting. Measurable and consistent benchmarks increase
transparency for employees, who can better appreciate why certain
decisions are made.
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Workforce Ready Succession
Planning allows organizations to fully understand how their
existing employee population is prepared to handle current and
future growth with more than 100 configurable charts and metrics,
proactively identifying today's top talent that can be developed
into tomorrow's organizational leaders.
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For organizations that want to drill even deeper into their
employee data, Workforce Ready's analytics service helps answer
dozens of specific questions on executive strategy, engagement,
and efficiency; scheduling and talent acquisition practices;
compensation decisions; and overtime, seasonality, and shifting
workforce demands.
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Proactively manage-in-the-moment with informed decisions based on
key workforce insights
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Real-time visibility through Workforce
Scheduler allows managers faced with unexpected absences to
make intelligent staffing decisions on the fly, quickly matching
willing and available employees to an open shift without
compromising labor costs or jeopardizing productivity or service
levels.
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Easy-to-consume charts and dashboards help managers keep close
tabs on more than 150 key metrics in areas such as absences,
accruals, overtime, payroll, retention, and turnover so that they
can make quick, decisive choices that positively benefit the
business.
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Real-time reports provide a closer look at day-to-day operations,
offering details people and processes, making it easy to stay
informed on developments across the entire organization.
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Leveraging a unified platform instead of disparate or even
integrated solutions as the basis for people analytics makes it
fast and simple to access data, ensuring organizations always make
critical business decisions with an up-to-date view of their
employee population.
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An entirely new user interface, currently available to select
Workforce Ready customers with all customers expected to be
invited to opt-in to the experience this fall, will deliver an
even broader collection of insights for users.
Supporting Quotes
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Bob DelPonte, vice president and general manager, Workforce Ready
Group, Kronos (News - Alert)
"Workforce Ready provides a deep and diverse
set of people analytics options across a single solution, allowing
organizations to gather workforce insights and data required to make
informed business decisions and build a highly engaged workforce.
Whether it is day-to-day information for tactical activities, or a
deep-dive into the data to assess the effectiveness of current
strategy, Workforce Ready delivers the insights needed to
manage-in-the-moment today while preparing for tomorrow."
Supporting Resources
About Kronos Incorporated Kronos is a leading provider of
workforce management and human capital management cloud solutions.
Kronos industry-centric workforce applications are purpose-built for
businesses, healthcare providers, educational institutions, and
government agencies of all sizes. Tens of thousands of organizations -
including half of the Fortune 1000® - and more than 40
million people in over 100 countries use Kronos every day. Visit www.kronos.com.
Kronos: Workforce Innovation That Works.
© 2018 Kronos Incorporated. All rights reserved. Kronos and the Kronos
logo are registered trademarks and Workforce Innovation That Works is a
trademark of Kronos Incorporated or a related company. See a complete
list of Kronos
trademarks. All other trademarks, if any, are property of their
respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180619006058/en/
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