SlideShare una empresa de Scribd logo
1 de 13
Workforce Management for the Hospitality Industry
What is Workforce Management 2 Part of the Greater Human Capital Management (HCM) Model Human Resources – Hiring/firing, skills management, compliance to regulations and standards Workforce Management – Regular vs. overtime hours, vacation and sick time, scheduling, costing or billing Payroll – EI/CPP/etc. deductions, salary “Workforce Management (WFM) encompasses all the activities, processes, and tools needed to manage a workforce. A comprehensive WFM system  includes planning, forecasting, scheduling, and tracking workers to optimize the balance of customer, employee, labour laws and organizational needs.”
3 Top Pains in Hospitality Payroll “leakage”  Knowing the exact labor costs Knowing the labor costs in advance. Not after the fact.  Islands of data (pay upon schedule, setup employees once etc) Overstaffing and/or understaffing  “Blank Check” budgeting (Forecast = schedule)  How different was planning from real-life (planned vs. Actual Being able to forecast based on business needs (hourly employees) Better control of outsourcing staff (overcharged by the outsourcers)
4 Risky Misconceptions Not having a Time & Attendance solution can cost companies greatly, especially if you have THIS attitude… “Our Time & Attendance is not complicated. We have people who do it manually, and we do not pay them that much”  “We aren’t being sued today, therefore it must not be risky”  “These costs or savings are not on any balance sheet. So how can these numbers be trusted?”
5 Risky Misconceptions The stuff that’s not being shown on a balance sheet… Unreported Time Off Buddy punching and fraud  Human error  Internal Manipulations of reported activity True labor costs of projects and activities The costs of absences (partial, planned and unplanned time off) Working the clock (rounding rules etc) Management time preparing schedules Missed meal breaks Abuse of shift breaks Pyramiding premiums & extra pay (earning up to 4 times the base rate Overpaying non-worked time Unapproved overtime Lost productivity (no shows)  Unreported overpayments Cost of payroll adjustments Inconsistent payments Incentive programs that no longer motivate Bonus programs that achieve opposite results  Duplication of work efforts Poor customer satisfaction Save 2-5% of your annual payroll costs. Every year.
6 Benefits of Automation Increase productivity while reducing operational costs Forecast costs and attendance Schedule shifts Monitor planned vs. actual results
Forecast Forecast costs based on your hotel needs:
Assign Assign employees to shifts, departments and tasks
Analyze Compare planned vs. actual using business intelligence
10 Why WFM? ,[object Object]
 Seamless export to payroll
 Pay based on your schedule
 Automatically convert overtime hours to vacation

Más contenido relacionado

La actualidad más candente (16)

Cha Cha Dance Steps
Cha Cha Dance StepsCha Cha Dance Steps
Cha Cha Dance Steps
 
Principles of training
Principles of training Principles of training
Principles of training
 
ergonomics in housekeeping
ergonomics in housekeepingergonomics in housekeeping
ergonomics in housekeeping
 
Concierge and Bell desk
Concierge and Bell deskConcierge and Bell desk
Concierge and Bell desk
 
Hrms presentation-hareesh
Hrms presentation-hareeshHrms presentation-hareesh
Hrms presentation-hareesh
 
Laundry equipment notes
Laundry equipment notesLaundry equipment notes
Laundry equipment notes
 
Front Office Accounting (Updated, August 2020)
Front Office Accounting (Updated, August 2020)Front Office Accounting (Updated, August 2020)
Front Office Accounting (Updated, August 2020)
 
HR Software
HR SoftwareHR Software
HR Software
 
Employment Law Basics for Manager Training
Employment Law Basics for Manager TrainingEmployment Law Basics for Manager Training
Employment Law Basics for Manager Training
 
Hrm ch. 3 Equal Employment Opportunity
Hrm ch. 3 Equal Employment Opportunity Hrm ch. 3 Equal Employment Opportunity
Hrm ch. 3 Equal Employment Opportunity
 
work life balance
work life balancework life balance
work life balance
 
purchasing procedure in housekeeping department
purchasing procedure in housekeeping departmentpurchasing procedure in housekeeping department
purchasing procedure in housekeeping department
 
Laundry Presentation
Laundry PresentationLaundry Presentation
Laundry Presentation
 
Presentation on the_entire_laundry (1)
Presentation on the_entire_laundry (1)Presentation on the_entire_laundry (1)
Presentation on the_entire_laundry (1)
 
Uniform room
Uniform roomUniform room
Uniform room
 
Human resource management system
Human resource management systemHuman resource management system
Human resource management system
 

Destacado

HRM in Hospitality Industry
HRM in Hospitality IndustryHRM in Hospitality Industry
HRM in Hospitality IndustryTetiana Botsian
 
The Immigration Innovation Act of 2013 Proposes Major Reforms
The Immigration Innovation Act of 2013 Proposes Major Reforms The Immigration Innovation Act of 2013 Proposes Major Reforms
The Immigration Innovation Act of 2013 Proposes Major Reforms Jacob Sapochnick
 
Hospitality and Immigration
Hospitality and ImmigrationHospitality and Immigration
Hospitality and ImmigrationJacob Sapochnick
 
Challenges faced by indian hotels
Challenges faced by indian hotelsChallenges faced by indian hotels
Challenges faced by indian hotelsMudit Grover
 
Labour laws-2011
Labour laws-2011Labour laws-2011
Labour laws-2011Alok Kumar
 
Ppt on hospitality
Ppt on hospitalityPpt on hospitality
Ppt on hospitalityJitin Talwar
 
National commission on labour
National commission on labourNational commission on labour
National commission on labournaveenvanand
 
Important labour laws in india
Important labour laws in indiaImportant labour laws in india
Important labour laws in indiaHarikrishna Akoju
 
Directors Liability under Labor Laws in India
Directors Liability under Labor Laws in IndiaDirectors Liability under Labor Laws in India
Directors Liability under Labor Laws in IndiaAnil Chawla
 
Labor laws, industrial relations & industrial disputes
Labor laws, industrial relations & industrial disputesLabor laws, industrial relations & industrial disputes
Labor laws, industrial relations & industrial disputesParas Dhingra
 
Labour law presentation
Labour law presentationLabour law presentation
Labour law presentationMalik Sheraz
 
Compliance under labour laws in india
Compliance under labour laws in indiaCompliance under labour laws in india
Compliance under labour laws in indiaAmrik Singh
 

Destacado (15)

HRM in Hospitality Industry
HRM in Hospitality IndustryHRM in Hospitality Industry
HRM in Hospitality Industry
 
The Immigration Innovation Act of 2013 Proposes Major Reforms
The Immigration Innovation Act of 2013 Proposes Major Reforms The Immigration Innovation Act of 2013 Proposes Major Reforms
The Immigration Innovation Act of 2013 Proposes Major Reforms
 
Hospitality and Immigration
Hospitality and ImmigrationHospitality and Immigration
Hospitality and Immigration
 
labour laws
labour lawslabour laws
labour laws
 
Challenges faced by indian hotels
Challenges faced by indian hotelsChallenges faced by indian hotels
Challenges faced by indian hotels
 
Labour laws-2011
Labour laws-2011Labour laws-2011
Labour laws-2011
 
Labour legislations
Labour legislations Labour legislations
Labour legislations
 
Ppt on hospitality
Ppt on hospitalityPpt on hospitality
Ppt on hospitality
 
National commission on labour
National commission on labourNational commission on labour
National commission on labour
 
Important labour laws in india
Important labour laws in indiaImportant labour laws in india
Important labour laws in india
 
Directors Liability under Labor Laws in India
Directors Liability under Labor Laws in IndiaDirectors Liability under Labor Laws in India
Directors Liability under Labor Laws in India
 
Labor laws, industrial relations & industrial disputes
Labor laws, industrial relations & industrial disputesLabor laws, industrial relations & industrial disputes
Labor laws, industrial relations & industrial disputes
 
Labour laws in India- ppt
Labour laws in India-  pptLabour laws in India-  ppt
Labour laws in India- ppt
 
Labour law presentation
Labour law presentationLabour law presentation
Labour law presentation
 
Compliance under labour laws in india
Compliance under labour laws in indiaCompliance under labour laws in india
Compliance under labour laws in india
 

Similar a Workforce Management for the Hospitality Sector

ROI of HCM Automation with ONEMINT
ROI of HCM Automation with ONEMINTROI of HCM Automation with ONEMINT
ROI of HCM Automation with ONEMINTONEMINT
 
Automate time and attendance: Seven reasons it makes good sense
Automate time and attendance: Seven reasons it makes good senseAutomate time and attendance: Seven reasons it makes good sense
Automate time and attendance: Seven reasons it makes good senseBurCom Consulting Ltd.
 
Top Seven Benefits of an Automated Time and Attendance System
Top Seven Benefits of an Automated Time and Attendance SystemTop Seven Benefits of an Automated Time and Attendance System
Top Seven Benefits of an Automated Time and Attendance SystemSage HRMS
 
Top Seven Benefits of an Automated Time and Attendance System
Top Seven Benefits of an Automated Time and Attendance SystemTop Seven Benefits of an Automated Time and Attendance System
Top Seven Benefits of an Automated Time and Attendance SystemBurCom Consulting Ltd.
 
CA NOTES ON COST AND MANAGEMENT ACCOUNTING
CA NOTES ON COST AND MANAGEMENT ACCOUNTINGCA NOTES ON COST AND MANAGEMENT ACCOUNTING
CA NOTES ON COST AND MANAGEMENT ACCOUNTINGKanoon Ke Rakhwale India
 
Cracking The Payroll Management Code
Cracking The Payroll Management CodeCracking The Payroll Management Code
Cracking The Payroll Management CodeWorkforce Group
 
Streamlining the hr processes with leave management software leave management...
Streamlining the hr processes with leave management software leave management...Streamlining the hr processes with leave management software leave management...
Streamlining the hr processes with leave management software leave management...OfficeTimer
 
7 Top Tips For Streamlining Your Payroll Processes
7 Top Tips For Streamlining Your Payroll Processes7 Top Tips For Streamlining Your Payroll Processes
7 Top Tips For Streamlining Your Payroll ProcessesCarval Computing Limited
 
Time and Attendance Software- A Business.com Guide
Time and Attendance Software- A Business.com GuideTime and Attendance Software- A Business.com Guide
Time and Attendance Software- A Business.com GuideBusiness.com
 
What exactly is a payroll management system, and how does it capitalize your ...
What exactly is a payroll management system, and how does it capitalize your ...What exactly is a payroll management system, and how does it capitalize your ...
What exactly is a payroll management system, and how does it capitalize your ...Jose thomas
 
Java developer interview questions
Java developer interview questionsJava developer interview questions
Java developer interview questionsSkillPracticalEdTech
 
Why Do We Need Workforce Management Solutions to Grow?
Why Do We Need Workforce Management Solutions to Grow?Why Do We Need Workforce Management Solutions to Grow?
Why Do We Need Workforce Management Solutions to Grow?AnjaliSingh857
 
Time and Attendance Tips
Time and Attendance TipsTime and Attendance Tips
Time and Attendance TipsInfinisource
 
Time and Attendance Tips
Time and Attendance TipsTime and Attendance Tips
Time and Attendance TipsInfinisource
 
Improve Your Payroll Audit.pptx
Improve Your Payroll Audit.pptxImprove Your Payroll Audit.pptx
Improve Your Payroll Audit.pptxPEO Broker LLC
 
How an automated attendance management system can make time tracking easier
How an automated attendance management system can make time tracking easierHow an automated attendance management system can make time tracking easier
How an automated attendance management system can make time tracking easierParker adam
 

Similar a Workforce Management for the Hospitality Sector (20)

ROI of HCM Automation with ONEMINT
ROI of HCM Automation with ONEMINTROI of HCM Automation with ONEMINT
ROI of HCM Automation with ONEMINT
 
Automate time and attendance: Seven reasons it makes good sense
Automate time and attendance: Seven reasons it makes good senseAutomate time and attendance: Seven reasons it makes good sense
Automate time and attendance: Seven reasons it makes good sense
 
Top Seven Benefits of an Automated Time and Attendance System
Top Seven Benefits of an Automated Time and Attendance SystemTop Seven Benefits of an Automated Time and Attendance System
Top Seven Benefits of an Automated Time and Attendance System
 
Why Automate?
Why Automate?Why Automate?
Why Automate?
 
Top Seven Benefits of an Automated Time and Attendance System
Top Seven Benefits of an Automated Time and Attendance SystemTop Seven Benefits of an Automated Time and Attendance System
Top Seven Benefits of an Automated Time and Attendance System
 
CA NOTES ON COST AND MANAGEMENT ACCOUNTING
CA NOTES ON COST AND MANAGEMENT ACCOUNTINGCA NOTES ON COST AND MANAGEMENT ACCOUNTING
CA NOTES ON COST AND MANAGEMENT ACCOUNTING
 
Cracking The Payroll Management Code
Cracking The Payroll Management CodeCracking The Payroll Management Code
Cracking The Payroll Management Code
 
Streamlining the hr processes with leave management software leave management...
Streamlining the hr processes with leave management software leave management...Streamlining the hr processes with leave management software leave management...
Streamlining the hr processes with leave management software leave management...
 
What is a payroll service provider.pptx
What is a payroll service provider.pptxWhat is a payroll service provider.pptx
What is a payroll service provider.pptx
 
What is a payroll service provider.pdf
What is a payroll service provider.pdfWhat is a payroll service provider.pdf
What is a payroll service provider.pdf
 
7 Top Tips For Streamlining Your Payroll Processes
7 Top Tips For Streamlining Your Payroll Processes7 Top Tips For Streamlining Your Payroll Processes
7 Top Tips For Streamlining Your Payroll Processes
 
Time and Attendance Software- A Business.com Guide
Time and Attendance Software- A Business.com GuideTime and Attendance Software- A Business.com Guide
Time and Attendance Software- A Business.com Guide
 
Datasheet - Human Capital Management
Datasheet - Human Capital ManagementDatasheet - Human Capital Management
Datasheet - Human Capital Management
 
What exactly is a payroll management system, and how does it capitalize your ...
What exactly is a payroll management system, and how does it capitalize your ...What exactly is a payroll management system, and how does it capitalize your ...
What exactly is a payroll management system, and how does it capitalize your ...
 
Java developer interview questions
Java developer interview questionsJava developer interview questions
Java developer interview questions
 
Why Do We Need Workforce Management Solutions to Grow?
Why Do We Need Workforce Management Solutions to Grow?Why Do We Need Workforce Management Solutions to Grow?
Why Do We Need Workforce Management Solutions to Grow?
 
Time and Attendance Tips
Time and Attendance TipsTime and Attendance Tips
Time and Attendance Tips
 
Time and Attendance Tips
Time and Attendance TipsTime and Attendance Tips
Time and Attendance Tips
 
Improve Your Payroll Audit.pptx
Improve Your Payroll Audit.pptxImprove Your Payroll Audit.pptx
Improve Your Payroll Audit.pptx
 
How an automated attendance management system can make time tracking easier
How an automated attendance management system can make time tracking easierHow an automated attendance management system can make time tracking easier
How an automated attendance management system can make time tracking easier
 

Más de Synerion North America Inc.

Más de Synerion North America Inc. (12)

Payroll Errors and How to Avoid Them
Payroll Errors and How to Avoid ThemPayroll Errors and How to Avoid Them
Payroll Errors and How to Avoid Them
 
Importance of automation
Importance of automationImportance of automation
Importance of automation
 
What is Workforce Management and Who Needs to Automate?
What is Workforce Management and Who Needs to Automate?What is Workforce Management and Who Needs to Automate?
What is Workforce Management and Who Needs to Automate?
 
Biometrics in the Workplace
Biometrics in the WorkplaceBiometrics in the Workplace
Biometrics in the Workplace
 
Workforce Management Essentials
Workforce Management EssentialsWorkforce Management Essentials
Workforce Management Essentials
 
Synerion Company Profile
Synerion Company ProfileSynerion Company Profile
Synerion Company Profile
 
Trends in Workforce Management
Trends in Workforce ManagementTrends in Workforce Management
Trends in Workforce Management
 
Best Practices - Project Management & Implementation
Best Practices - Project Management & ImplementationBest Practices - Project Management & Implementation
Best Practices - Project Management & Implementation
 
Workforce Management Software
Workforce Management SoftwareWorkforce Management Software
Workforce Management Software
 
History & Trends in Workforce Management
History & Trends in Workforce ManagementHistory & Trends in Workforce Management
History & Trends in Workforce Management
 
Time and Attendance Implementation - Keys to Success
Time and Attendance Implementation - Keys to SuccessTime and Attendance Implementation - Keys to Success
Time and Attendance Implementation - Keys to Success
 
Workforce Management | Developing a Strong, Happy & Confident Workforce
Workforce Management | Developing a Strong, Happy & Confident WorkforceWorkforce Management | Developing a Strong, Happy & Confident Workforce
Workforce Management | Developing a Strong, Happy & Confident Workforce
 

Último

FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756dollysharma2066
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableSeo
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...amitlee9823
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Sheetaleventcompany
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityEric T. Tung
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 MonthsIndeedSEO
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...lizamodels9
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon investment
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756dollysharma2066
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangaloreamitlee9823
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Anamikakaur10
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Falcon Invoice Discounting
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentationuneakwhite
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperityhemanthkumar470700
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Centuryrwgiffor
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...lizamodels9
 
Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...
Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...
Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...lizamodels9
 

Último (20)

FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
 
Falcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business PotentialFalcon Invoice Discounting: Unlock Your Business Potential
Falcon Invoice Discounting: Unlock Your Business Potential
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
 
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
Unveiling Falcon Invoice Discounting: Leading the Way as India's Premier Bill...
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Famous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st CenturyFamous Olympic Siblings from the 21st Century
Famous Olympic Siblings from the 21st Century
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...
Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...
Call Girls From Raj Nagar Extension Ghaziabad❤️8448577510 ⊹Best Escorts Servi...
 

Workforce Management for the Hospitality Sector

  • 1. Workforce Management for the Hospitality Industry
  • 2. What is Workforce Management 2 Part of the Greater Human Capital Management (HCM) Model Human Resources – Hiring/firing, skills management, compliance to regulations and standards Workforce Management – Regular vs. overtime hours, vacation and sick time, scheduling, costing or billing Payroll – EI/CPP/etc. deductions, salary “Workforce Management (WFM) encompasses all the activities, processes, and tools needed to manage a workforce. A comprehensive WFM system  includes planning, forecasting, scheduling, and tracking workers to optimize the balance of customer, employee, labour laws and organizational needs.”
  • 3. 3 Top Pains in Hospitality Payroll “leakage” Knowing the exact labor costs Knowing the labor costs in advance. Not after the fact. Islands of data (pay upon schedule, setup employees once etc) Overstaffing and/or understaffing “Blank Check” budgeting (Forecast = schedule) How different was planning from real-life (planned vs. Actual Being able to forecast based on business needs (hourly employees) Better control of outsourcing staff (overcharged by the outsourcers)
  • 4. 4 Risky Misconceptions Not having a Time & Attendance solution can cost companies greatly, especially if you have THIS attitude… “Our Time & Attendance is not complicated. We have people who do it manually, and we do not pay them that much” “We aren’t being sued today, therefore it must not be risky” “These costs or savings are not on any balance sheet. So how can these numbers be trusted?”
  • 5. 5 Risky Misconceptions The stuff that’s not being shown on a balance sheet… Unreported Time Off Buddy punching and fraud Human error Internal Manipulations of reported activity True labor costs of projects and activities The costs of absences (partial, planned and unplanned time off) Working the clock (rounding rules etc) Management time preparing schedules Missed meal breaks Abuse of shift breaks Pyramiding premiums & extra pay (earning up to 4 times the base rate Overpaying non-worked time Unapproved overtime Lost productivity (no shows) Unreported overpayments Cost of payroll adjustments Inconsistent payments Incentive programs that no longer motivate Bonus programs that achieve opposite results Duplication of work efforts Poor customer satisfaction Save 2-5% of your annual payroll costs. Every year.
  • 6. 6 Benefits of Automation Increase productivity while reducing operational costs Forecast costs and attendance Schedule shifts Monitor planned vs. actual results
  • 7. Forecast Forecast costs based on your hotel needs:
  • 8. Assign Assign employees to shifts, departments and tasks
  • 9. Analyze Compare planned vs. actual using business intelligence
  • 10.
  • 11. Seamless export to payroll
  • 12. Pay based on your schedule
  • 13. Automatically convert overtime hours to vacation
  • 14. Schedule based on your forecast
  • 15.
  • 17. Visit www.synerionwfm.com for more informationon Time & Attendance and Workforce Management solutions! Thank You!