For most organizations, their workforce is their greatest asset but also their greatest expense. Labour costs can account for as much as 70% of total business costs however it’s not only wage costs that make up these costs, additional hidden labour costs contribute significantly to this figure. Our latest Infographic shows you where labour costs might be hiding and how Workforce Management can help you uncover and reduce them.
Reducing and Uncovering Hidden Labour Costs: Infographic
Tomislav Rucevic March 10, 2020December 8th, 20221 min read
Recent Posts
- Key Insights from Clients at the Coal Face of Care Homes
- Softworks Achieves G-Cloud 14 Accreditation to Support UK Public Sector Workforce Management
- Press Release: Softworks Welcomes New Talent in Project Management and People Development
- How Workforce Management Can Elevate the Employee Experience
- Top WFM Challenges in the Irish Healthcare System
Categories
Tags
Absence Management (11)
Absenteeism (2)
Bradford Factor (1)
Canada (1)
Customers (2)
Employee absenteeism (1)
Employee Expenses Management (1)
Employee Retention (2)
Employee Self Service (4)
eRostering (7)
Flexible Working (8)
Flexitime (6)
Healthcare (5)
Hospital (3)
Hospitality (2)
HR Management (1)
Labour Scheduling (5)
Manufacturing (1)
Patient Safety (1)
Pawternity Leave (1)
Productivity (1)
Rostering (10)
Scheduling (8)
Scheduling and Rostering (6)
Time And Attendance (10)
timeshee (1)
Timesheet Fraud (1)
Timesheets (2)
United States (1)
Work-Life Balance (4)
Workforce Management (18)
Workforce Reports (1)
Workforce Solutions (1)
Working Time Directive (1)
You May Also Like
Blog
Key Insights from Clients at the Coal Face of Care Homes
Key Insights from Clients at the Coal Face of Care Homes
Rosetta O'SullivanJanuary 7, 2025
Blog
Softworks Achieves G-Cloud 14 Accreditation to Support UK Public Sector Workforce Management
Softworks Achieves G-Cloud 14 Accreditation to Support UK Public Sector Workforce Management
Rosetta O'SullivanDecember 11, 2024
Blog
How Workforce Management Can Elevate the Employee Experience
How Workforce Management Can Elevate the Employee Experience
Rosetta O'SullivanNovember 6, 2024