The WFC Group Blog

Outdated Payroll Systems are Costing Businesses More Than They Realize

Posted by Neil Shah on Jul 10, 2018 10:45:00 AM

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When is the last time your business assessed its payroll systems? Nearly a third of businesses are coasting on solutions put in place more than 10 years ago—even before the great recession. This is likely due to the fact that many organizations do not actively measure and analyze this essential process for necessary performance standards. Results of a new study by Kronos Incorporated in partnership with the American Payroll Association called "Evolution of Payroll Technology Trendline Survey" should have many leaders wanting to look inward and evaluate their payroll system's performance. Its findings suggest a concern over keeping up with the speed of modern business on systems not built with today's biggest needs in mind.

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Topics: Workforce Management

Are Your Company Policies the Cause of Lost Productivity and Employee Burnout?

Posted by Neil Shah on Jul 3, 2018 10:45:00 AM

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Did you know that less than half of employers consider preventing employee burnout a top priority for their business? Only 41% of respondents in a new survey by The Workforce Institute at Kronos Inc. called "Engaging Opportunity: Working Your Way" showed concern for how their business prioritizes employee well-being. We'd love to see just how these companies compare in employee engagement levels with those who don't! For the other 59%, the lack of concern should be a warning that their practices may be a little old-fashioned for this day and age and prone to creating employee burnout. This should be a major concern for businesses, since a whopping 29% of employees expressed nearing a state of burnout. Survey responses by employees reveal a lot about the policies and decisions that create tension and challenge their productivity.

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Topics: Workforce Management

Together from the Start: Don't Navigate Workforce Management Systems Alone

Posted by Neil Shah on Jun 26, 2018 10:45:00 AM

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We see them time and time again—businesses that try making crucial workforce management transitions independently, only bringing in a partner after things don't go to plan. And while we love a good rescue challenge, it's always more satisfying knowing (as both consultants and implementers) that we can prevent a lot of the struggle and frustration that comes with complex transitions by getting involved earlier into the process.

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Topics: Workforce Management

What Kronos's New Partnership with Microsoft Means for Workforce Dimensions

Posted by Neil Shah on Jun 19, 2018 10:45:00 AM

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Kronos Incorporated recently announced a key technology partnership with Microsoft for its Kronos Workforce Dimensions platform. To businesses that already trust Microsoft for business software, this partnership presents a huge opportunity for workforce management efficiency if they currently employ or are planning a transition to Workforce Dimensions. By teaming up, both business juggernauts aim to provide innovative, new tools to empower workforces across platforms.

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Topics: Workforce Management

Make Way for Millennial Managers (and Their Millennial Expectations)

Posted by Neil Shah on Jun 12, 2018 10:45:00 AM

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Millennials in the workplace have had more than their fair share of coverage, largely due to the shift in employees' cultural expectations of their employers. And as these millennials rise up in the ranks to fill management positions, businesses are caught searching for ways to make the most of their new school management styles (eschewing the status quo of management roles from years past). The Workforce Institute at Kronos dove into the millennial management mindset recently in their podcast, and we'd like to call attention to some of the key themes that should guide businesses' as they prepare to make this new generational outlook work in their favor.

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Topics: Workforce Management

Remote Workforces Still Need Centralized Productivity & Workforce Management Solutions

Posted by Neil Shah on Jun 5, 2018 10:45:00 AM

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Companies of all sizes are flexing their remote workforce muscles more and more as of late. Some allow employees to work offsite on a regular (e.g. weekly) basis, while others like us at The WFC Group operate entirely remotely. This flexible working style offers a lot of benefits to organizations, from tech-driven startups to massive enterprise systems, but not without having a solid workforce management system in place to support it. With a fragmented workforce of any size, the importance of unhindered personal access to benefits, payroll and productivity tools like timekeeping is paramount—all of which can be solved with centralized workforce solutions.

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Topics: Workforce Management

Our Keys to Delivering Workforce Solutions

Posted by Neil Shah on May 29, 2018 10:45:00 AM

Since our founding in 2009, clients have turned to The WFC Group for our clear and shared goal of maximizing workforce potential. As implementers and consultants, we've found our calling at the cross-section of workplace infrastructure and technology, helping businesses define a combination of processes and tools that set the stage for success.

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Topics: Workforce Management

Compliance is an Ongoing Concern for HR Professionals, Kronos Survey Reveals

Posted by Neil Shah on May 22, 2018 10:30:00 AM

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Businesses today face an increasing need for accountability, and regulatory compliance is a huge part of that conversation. But to many human resources professionals, organizational compliance seems to often end up in a stressful gray area. The Workforce Institute at Kronos Inc.'s new study called "The Risky Business Survey" unveiled some surprising concerns across a majority of HR departments that build anxiety and create unnecessary risk that might not stand up to an audit. It's this kind of anxiety that detracts from the departments' ability to build strong workforces and culture.

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Topics: Workforce Management

Analytics & Automation Make Labor Compliance Easier for Credit Unions

Posted by Neil Shah on May 15, 2018 10:45:00 AM

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The financial industry is no stranger to regulation, but credit unions have the added scrutiny of keeping operations pristine to secure its members' benefits (like lower service fees and higher interest rates). Getting smacked with a penalty for non-compliant labor practices won't do anyone any favors. Luckily, the latest wave of workforce management solutions help institutions streamline many standard, daily processes that would be prone to costly manual errors in the event of an audit.

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Topics: Workforce Management

Take Advantage of these Mobile Updates to Kronos Workforce Ready

Posted by Neil Shah on May 8, 2018 10:30:00 AM

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At the end of March, Kronos announced important updates to Kronos Workforce Ready, emphasizing a refined mobile experience throughout. Because businesses of all sizes trust Workforce Ready to manage their workforce (not just small businesses) these updates will go a long way to help employers deliver more modern workplace experiences.

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Topics: Workforce Management