Search Results for: overtime

Manage Overtime Fraud with Intelligent Software and Internal Oversight

September 25, 2019 | 3,638 views

Manage Overtime Fraud with Intelligent Software and Internal Oversight
Manage Overtime Fraud with Intelligent Software and Internal Oversight

A driver stops on the way home to run errands while on the clock. An area manager is not on location to monitor employees coming and going. An hourly person who checks others’ timesheets is also padding her own hours. Employee theft can be costly, and labor is the costliest line on a P&L statement. Work hours and overtime must be carefully monitored to avoid excessive expense.

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Can Split Shift Scheduling Work for You?

January 12, 2022 | 1,173 views

Can Split Shift Scheduling Work for You?
Can Split Shift Scheduling Work for You?

A split shift is a scheduled shift that has a long interruption. It is easy to imagine a restaurant, for example, that schedules staff for lunch and dinner shifts to fulfill customer demand at peak times of the day. It gives an employee a break in the middle of two shorter shifts—the break is longer than a lunch break (often a few hours long). The practice allows managers to customize work schedules to fit times of higher demand without paying an employee for the slower hours between their two busy shifts.

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Reduce Your Labor Costs for Greater Profit

December 22, 2021 | 1,174 views

Reduce Your Labor Costs for Greater Profit
Reduce Your Labor Costs for Greater Profit

It’s no secret that wage and labor costs are the largest expense for businesses. Depending on the industry, labor costs can be as high as 50% of all a business’s expenses. You should know the average in your industry so that you can meet and beat the number. If you find yourself on the high end of the industry’s labor costs, you must find ways to reduce them.

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Qualities That Create a “Good” Work Schedule

September 29, 2021 | 1,000 views

Qualities That Create a “Good” Work Schedule
Qualities That Create a “Good” Work Schedule

What one person considers a good work schedule is not the same as another person’s ideal schedule. For a long time, we lumped the idea that we could be happy at work and home into a work-life balance concept that somehow perfected workloads while providing time for personal pursuits. The idea was that if we tried hard enough, we could neatly relegate workload demands to specific hours of the day. Then, an employee could then manage their personal needs (outside of work) accordingly.

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Controlling Labor Costs in Hospitality

August 11, 2021 | 1,105 views

Controlling Labor Costs in Hospitality
Controlling Labor Costs in Hospitality

Controlling labor costs is always a top priority to manage profit. Labor is usually the largest portion of a business’s total expense, so any changes in wages directly influence business success. This is particularly true in the hospitality service industry. Employees provide the services you sell, and they are important to the organization’s success.

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What Predictability Pay Means for Employee Scheduling

June 23, 2021 | 1,048 views

What Predictability Pay Means for Employee Scheduling
What Predictability Pay Means for Employee Scheduling

Wage and labor laws constantly change—usually for the benefit of hourly workers. The latest pay advantage for workers is predictability pay. It is a legal mandate designed to penalize employers whose scheduling is not as predicted, making it difficult for employees to plan their shifts. Starting this month, predictability pay requirements will be enforced in the city of Philadelphia, and it is likely to spread to cities soon.

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Reduce Labor Expense with Stringent Management

May 26, 2021 | 1,261 views

Reduce Labor Expense with Stringent Management
Reduce Labor Expense with Stringent Management

Employees are both assets and liabilities. They add value to the business (we hope), but they also come at great expense. In service industries, labor costs can top 80% of all expenses. However, that number is not just only the wages paid. It also includes the cost of overtime, absenteeism, late arrivals and early departures, and abuses of the allotted time for breaks. Hourly wages are set for each employee, but you can reduce labor expenses with careful management in key areas.

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7 Ways to Work Smarter in Your Small Business

May 19, 2021 | 1,354 views

7 Ways to Work Smarter in Your Small Business
7 Ways to Work Smarter in Your Small Business

Imagine the perfect day at work:  no distractions, lots of customers, balanced tills, productive employees, no overtime. We want our small businesses to run smoothly, but very few days are perfect. Yet, we do have some control over our productivity and progress. But with so much to do, is working more hours a good idea? In fact, it is not—productivity decreases as the workday and workweek grow longer. But do not despair. Here are seven  to work smarter in your business.

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6 Scheduling Mistakes to Avoid

May 5, 2021 | 1,142 views

6 Scheduling Mistakes to Avoid
6 Scheduling Mistakes to Avoid

A common scheduling strategy is to divvy up the human resources by the hours and slots you need covered. It seems simple enough that way. But a good schedule also pays attention to key factors of productivity. When you overlook these factors, you probably make one of these common scheduling mistakes (that you should avoid).

Sticking to One Pattern. Consistency can be a good thing, of course, but scheduling has to flex based on real data. A schedule that doesn’t change when business needs change will become inefficient and more costly. Instead, review your peak hours, employee performance, and other things that are fluid. A limber scheduling pattern will improve shifts to suit your business’s ever-evolving demands.

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Why Your Start-up Needs Scheduling Software

April 28, 2021 | 1,132 views

Why Your Start-up Needs Scheduling Software
Why Your Start-up Needs Scheduling Software

You’re a new entrepreneur—the business oundation of our economy. Congratulations on taking steps to strike out on your own. You’ll be your own boss and, finally, be the one calling all the shots in your new start-up.

Of course, we know a new start-up comes with hefty challenges, too, particularly financial concerns. It takes time to build revenue and your customer base. The business may keep you awake at night as you consider how best to utilize your capital to grow your new business, especially now that you have employees who come at a considerable expense.

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