Kronos for Life Sciences
Expiring patents. Generic competition. Government pressure to reduce costs. And expanding global markets are forcing pharmaceutical, medical device, and biotechnology companies to rethink the way they manage their workforces. That’s why life sciences companies are turning to Kronos workforce management to help control labor costs, simplify labor compliance, and increase workforce productivity.
In addition to delivering the Perfect Paycheck and reducing the impact of unplanned absenteeism, Kronos for Life Sciences customers know where labor dollars are being spent across the product life cycle. As a result, they have streamlined R&D processes, identified areas of operational improvement in manufacturing, and accurately calculated the cost to manufacture a pill.
Effective workforce management in the lab, on the production line, or in the warehouse delivers bottom-line results. That’s why 77% of Fortune's Top Pharmaceutical and Medical Device Companies are Kronos for Life Sciences customers.