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5 Ways to reduce overtime costs by harnessing data

Reducing overtime costs is a top priority for thousands of businesses. Overtime in some form or another is usually unavoidable, but ideally, it will be mutually beneficial - with businesses maintaining sufficient staff levels and employees rewarded for their time. However, when overtime becomes too common an occurrence it can cause workforce costs to spiral and margins to become thinner.

Overtime is also extremely inefficient - the longer hours staff work the less productive they are. If your organisation is overspending on overtime, it doesn’t have to be this way forever. More efficient management of workers and resources can have a very positive impact on the number of overtime hours you have to pay. The problem is identifying where these efficiency savings can be made and moving quickly to make them.


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