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Workforce optimization

Workforce optimization (WFO) is a business strategy built around maximizing your organization’s operational efficiency, reducing operational costs, and boosting your employees’ productivity through effective management. That might entail investing in workforce optimization software that can help in automating processes like scheduling, time and attendance management, learning management, and performance management. Workforce optimization solutions can provide real-time data on the areas where your workers are performing best and where you need some assistance. Automating feedback and performance review functions also helps to boost employee engagement, one of the surest drivers of productivity in the workplace.

To learn how to better optimize your workforce, check out our blog post "4 Key Questions for Making Smart and Strategic Workforce Management Decisions".

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Other terms:

Payroll simulator

Anything that smooths the daily functions of your payroll an... See more

Payroll deductions

Payroll deductions are any payments an employer withholds fr... See more

Cloud-Based Time Clock

As employee time tracking moves more and more online, cloud-... See more

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