As experts in Workforce Management and Employee Time and Attendance, here are three big trends Mitrefinch sees taking off further in 2015.
‘Moneyball’ workforce management data
In the Oscar-nominated movie Moneyball, a fledgling baseball manager creates a winning baseball team on a tiny budget by using computer-generated analysis to achieve unnoticed insights and acquire players accordingly. Like the movie, top British human resources and operations decision makers are increasingly looking to ‘Moneyball’ various aspects of their own businesses through the use of big data to achieve savings.
The ability to accurately manage performance and cost jobs is an extremely valuable strategic asset, allowing you to measure the capacity and efficiency of departments and employees, and make swift decisions on production priorities. Mitrefinch Time Allocation and Job Costing functionality allows you to track projects by hour, quantity or cost, compare planned jobs and budgets with actual jobs and budgets and use this data to save money and improve budgets in the future.
Technology for productivity boost
For managers, maximising employee productivity in terms of output and aligning the skills and contribution of staff to elevate the business is an important trend, particularly as recent reports from the Office of National Statistics indicate that Britain’s productivity gap with its main developed country rivals is at its widest in 20 years.
British companies have the potential to achieve great benefits in terms of boosting productivity by harnessing the power of the data gathered by Workforce Management and Employee Time and Attendance. The powerful software can lend unprecedented insight into productivity, allowing decision makers to shine a light on what works best for their business.
Greater workplace flexibility
Lastly, flexible work options like the ability to work from home, mobile work apps and flexible working hours are a huge trend for 2015, especially as UK ministers push for greater workplace flexibility through supporting measures.
For Human Resources professionals and decision makers looking to attract and retain top quality staff, having the ability to clock in/out or on/off specific jobs from remote work sites, request leave, and review work information in real time is an attractive way to facilitate flexibility in the workplace.
Mitrefinch’s self service time and attendance capabilities, improve workplace productivity by making it easier for supervisors and employees to complete a wide range of work related and administrative tasks from any location, at any time.
For further information about flexible work, please visit the UK Gov website.