Managing Benefit Accrual
Managing Benefit Accrual
In today’s competitive market, the importance of benefits cannot be overstated. Complex benefit rules make manual calculations difficult and record keeping a time-consuming process. Automating benefit accrual with a Workforce Management system offers advantages to employees, supervisors and the organization, lifting the burden of record keeping and ensuring benefits are calculated correctly and impartially.
Case Studies
Put Vacation Accruals on Auto-Pilot
Today many organizations meet the need for flexibility by varying vacation accrual rates according to status, seniority, job title and more. But managing these complex rules can cause headaches, or worse, can over- or underestimate an employee’s actual vacation time.
So how do you balance a flexible vacation accrual policy and a cost-effective—and accurate—management strategy?
The answer: automate it.
Managing Benefit Accrual with a Workforce Management System
In today’s competitive market, the importance of benefits cannot be overstated. Benefits affect the morale of employees, the effectiveness of supervisors and the health of an organization. Complex bene t rules make manual calculations difficult and recordkeeping a time-consuming process. Automating bene t accrual with a Workforce Management system offers advantages to employees, supervisors and the organization, lifting the burden of recordkeeping and ensuring benefits are calculated correctly and impartially.
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