Want to find ways to save hundreds of thousands, even millions, of dollars in labor costs? A Kronos Diagnostic Assessment shines a light on unnecessary costs like excess overtime. It draws a bead on departments or work groups where workforce performance issues like high absenteeism or low productivity are conspiring to drive up labor costs. By analyzing the time and labor data your organization collects every day with your Kronos system, we can rapidly quantify these savings opportunities for you. So you can take action to make them a reality.
The Kronos Diagnostic Assessment gives you strategic insight — uncovering, in some cases, as much as $10 million or more in excess hourly labor expense, shown in this real-world, actual customer case. That’s the kind of cash that can save jobs and expand the bottom line.
To identify areas for improvement, the Diagnostic Assessment leverages actual historical workforce data — the millions of timekeeping transactions collected annually and recorded each day in your Kronos Workforce Timekeeper™ system. Drawing on this vast store of data, our consultants employ the innovative Kronos Workforce Analytics™ platform to isolate the most frequent and severe exceptions to expected workforce performance results.
Best of all, the Kronos Diagnostic Assessment is easy. It requires almost no IT effort. And it doesn’t impact your current environment at all. The outcome of the Diagnostic Assessment is a Performance Improvement Report: an executive level summary of the analysis, together with recommended steps to boost workforce productivity and control labor costs.
Download this real-world, actual customer case to see an example.