Workforce Optimization?
If you are an employee in an organization, remember the term- work smarter and not harder. Why? Because it captures the essence of workforce optimization. But what is workforce optimization?
Workforce optimization(WFO) is a set of strategies or practices that helps you improve employee and organizational efficiency and decrease operational costs. The goal of workforce optimization is to achieve organizational success. Let's see some examples of workforce optimization
Examples
Time Tracking
Time tracking helps you to know what's happening in your organization. It solves your problem, like checking whether employees come early or late or are any false clock-ins.
Scheduling
Scheduling helps you to manage employee overtime and burnout. Also, you can analyze whether you have hired additional staff.
Performance Management
Organizations also use WFO for performance management and to ensure that they are positioned the best. Also, it helps you ensure that they are performing well at their jobs.