Filling a strategic position within your company can be challenging, particularly if you are working with limited resources and a tight budget. According to a study the Aberdeen Group conducted, 80% of companies stated that their top talent pressure is a shortage of critical skills available in the labor pool. With less time, fewer tools, […]
Maintaining productivity within the workplace is often difficult. Between fostering creativity in the marketing department, optimizing efficient workspace in your support and operations areas as well as streamlining sales workflows, ensuring each department is set up to maximize performance can help keep your departments aligned with one another in order to achieve forecasted goals. To […]
Managing and monitoring manual time and attendance processes can be a time consuming task. For example, Payroll taxes: Represent withholdings of employee earnings Are due when wages and other forms of compensation (reported as W-2 earnings) are paid to employees Are held in trust by the business for the employee To optimize your employee time-tracking, […]
People often misinterpret the role of a forecaster as someone who is able to predict the future. The truth is – nothing is certain and what we do in the present often unfolds in the future in unexpected ways. Unlike a prediction, a forecast must have logic to it. Moreover, an effective forecaster must be […]
Keeping your employees engaged with the work they’re producing is essential to your business’ productivity levels. Listed below are 5 ways you can enhance productivity in the workplace: Remove Obstacles Carefully observe your team and their working environment and remove or address any obstacles that appear to be a common problem. Often times, employees become […]
As a supervisor or manager, it can be difficult to get a clear picture of the costs related to absenteeism. Understanding how administrative complexities directly affect your team, can improve your attendance program. The items listed below, for example, all lead to increased costs for a company: Lost productivity Manual scheduling Overtime Unexcused absences Manual Data […]
Featured Topic: What's Unique About stratustime?
For many professionals, the phrase “cloud-based computing” has become synonymous with business-as-usual, and the promises that come with the cloud, such as rapid deployment, faster services, and greater connectivity, are baked into many modern work environments. However, less than a decade ago, the concept of the cloud was still new and fairly novel for many […]Read More >
Do you remember the proposed overtime changes to the Fair Labor Standards Act (FLSA) in 2016? Once in effect, the rule was predicted to extend overtime protections to 4.2 million workers who were not previously eligible under federal law. Plenty of workers were excited about the changes, while many companies were a little concerned. And one sector that […]Read More >
Between the country’s economic growth and the record low unemployment rate of 4.1%, times are looking good for many companies and workers. Now wages are starting to nudge upwards too. According to recent Bureau of Labor Statistics data, average hourly earnings moved up nearly 3% from a year ago. This means that more money is […]Read More >
How stratustime Works
stratustime tracks employee hours through PCs, mobile devices, and POS systems, then automatically transmits time and attendance data to your payroll service. Advanced features like scheduling, PTO accrual, and labor forecasting give HR managers and payroll specialists more time to focus on people instead of data entry.