Guide for Reducing Financial Leakage inContract Workforce Management

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glossary

Utilization Rate

Utilization Rate refers to the percentage of employee working time that is effectively used for productive work or assigned tasks.

Utilization Rate Includes:

  • Employee Productivity Tracking
  • Billable and Non-Billable Hours
  • Resource Allocation Monitoring
  • Workload Management
  • Performance Measurement
  • Time Utilisation Analysis

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Unified HR Platform

Unified HR Platform refers to a single system that combines various human resource functions and employee services in one place for smooth and efficient management.  Unified HR Platform Includes:

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Union Management

Union Management refers to the process of maintaining healthy relations and communication between the organisation and employee labour unions.  Union Management Includes:

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Absence Management

Absence management is the process of tracking, reviewing, approving and managing employee absence from work. It covers planned leaves, unplanned absence, sick leave, leave without pay, missed attendance and absence patterns that may affect daily operations. The goal is not … Read more

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