As a modern business, workforce analytics software is non-negotiable. This software used to be a way for you to get an edge over the competitors but now that everyone is using it: it’s about staying in the competition.
Not only is it cheaper and more accurate than a manual collection of data, but it also helps in recruitment, retention, and management. How? We’ll cover that soon. Speaking of how, we will also tell you how PAFOW can help you make the best use of the software.
With that said, let’s dive right in.
This is pretty obvious. There are many costs associated with manually collecting the data about employees. First off, there is the cost of employing someone to collect that data.
On top of that, you need to pay for transportation costs for traveling to different branches. There is also the cost of the recording materials such as pen and paper. They may not seem that intimidating on their own but they tend to pile up.
The Data Is Safe
There’s a reason why we shifted to digital storage. Physically stored data can be damaged very easily. It is also easy to lose. When saved on a computer, the damage is much less likely.
Furthermore, you can create backups in case the data is lost. It is also easier to edit the data when you need to.
Accuracy Is Guaranteed
Let’s say you are mister money bags and don’t trust machines, there is another thing that you miss out on when you decide to reject digital storage. This awesome feature is its precision.
The software will not make mistakes; the only errors that may take place will be that of those operating it. Also, there is no bias whatsoever. Sometimes, data collectors have favorites and that can’t be very helpful.
It’s better than manual workforce analytics but what makes the manual one good? Well. for starters, you can predict what type of success an employee will have with their qualifications and attitude.
Don’t Lose Them
Secondly, you can keep them interested to keep working for you. The statistics tell you what elicits the best response from your employees and those are the benefits you give them.
This is a way of positive reinforcement that can increase job satisfaction and hence increase their efficiency.
Get Maximum Efficiency
Another way to increase efficiency is by structuring your company the right way. The analytics can show your best performers and you can put them higher in the org chart.
This encourages a better work attitude as it shows that better performance may result in a promotion.
Learn To Use It Right
A reliable workforce analytics software can only get you so far. You need to know how to read this data and make the right decisions. Unfortunately, it isn’t a natural skill.
You need to learn it and that’s where we can help. With our people analytics and workforce planning learning labs, you can use the software like a pro.