How To Optimise Your Workforce Management with HR Analytics

optimise workforce management
Table of Contents

And with AYP Global Pay, you can hire and onboard to build a greater workforce.

Workforce management generally refers to a set of processes that a company adopts to optimise its employees’ level of productivity. For example, it consists of effectively forecasting labour requirements, managing staff schedules, and accomplishing daily tasks in the company.That’s essentially most of the general tasks that your company’s HR department would be responsible for to keep the company running as smoothly and productively as possible.

This is why it is important to optimise your workforce management. By utilising an intelligent, well-integrated software to handle your day-to-day HR tasks, your company will be able to take a data-driven approach to managing your workforce. From consolidating employee data to identifying relevant trends to onboarding new hires, HR analytics can give you a helping hand in all of these areas and more.

Develop Strategic HR Plans

With good HR analytics, your company can effectively engage in workforce planning. You can hire, onboard, and manage all employees and their performance.

Access Reports With Consolidated Data

You can create, access, and share reports that come in digestible and informative formats. The data can be presented in graphs and charts, so you can absorb large amounts of information with a single glance.

Identify Company Trends & Predict What’s Next

Predictive analytics is a part of the entire suite of HR analytic tools. With this, you can identify your company’s past performance trends to create models and accurately chart your short-term plans. You can even make better long-term decisions, training and retaining the employees that can help your business best reach your strategic goals.

Increase Efficiency & Productivity

HR analytics enable you to have a complete picture of employee attendance and business dealings. This helps you optimise your workforce, having the right number of employees at all times and maximising your company’s resources.

Decrease Costs, Increase Savings

Aside from avoiding an overstaffed or understaffed situation to better productivity and your company’s efficiency, HR analytics also gives your company a real-time analysis on other business aspects. By giving you access to actionable insights, such as business performance and market trends, you can gain new revenue opportunities without necessarily increasing your initial cost.

In general, you only stand to gain benefits by turning to HR analytics. So, why not give it a try? And AYP has got the best option for you too!

Introducing The Only PEO Solution You Need

AYP Global Pay is a single digital platform offering both Professional Employer Organisation (PEO) and Employer of Record (EOR) solutions. With a single dashboard, you can easily access all of the HR features that your business needs. This includes automated compliance, digital onboarding, and payroll in more than 130 currencies. Plus, it also gives you a view of your total workforce cost too!

Here is exactly what our AYP PEO solution includes:

  1. Employment contracts
  2. Annual statutory reports for employers and employees (tax contribution, pension scheme, local statutory contribution)
  3. Customised payroll reports
  4. Ongoing HR support
  5. Continuous support from AYP Customer Success and Centre of Excellence teams
  6. Full benefits management and administration
  7. Local tax filing
  8. Cross border salary payment
  9. Payroll GL / Journal ledger
  10. Worker classification & compliance check
  11. Custom system integration

With AYP covering all bases when it comes to managing your business, you never have to worry about anything HR-related again. Hire anyone, onboard anywhere, manage and pay anytime, and get custom HR advisory. Your business can leverage AYP’s HR knowledge and expertise on a single platform to do a lot more with a higher level of productivity.

Outsource all your HR tasks to AYP Global Pay today, and let analytics, data, and algorithms help you improve your HR processes today. Learn more about our platform by scheduling a demonstration today!

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