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Creating Labor Cost Savings
Labor Performance LMS is an Online Pay-for-Performance labor system which enables companies to reduce their cost of labor while increasing employee morale and productivity. Reward engaged employees for being more productive while identifying disengaged workers hindering productivity.
Companies can save up to 30% of labor costs while increasing productivity.
We implement Labor Performance software into your operation. It integrates easily with whatever software you’re currently using for both employee scheduling and payroll. All of the work is done with your employees, supervisors and managers. It’s your system and you control it.
Labor Performance has two primary productivity drivers behind it which we like to call the carrot and the stick. The stick is detailed graphical accountability of daily and weekly performance for each employee, department, shift and facility. Tracking is done daily and individually. It gives supervisors objective data to identify your best and poorest performers. Just by identifying your poor performers using our methodology and either training them or replacing them to the average performance level, will save you about 10% a year in costs. The carrot is our unique pay for performance program. The program shifts the entire productivity curve upward and you can see up to a 20% cost savings due to substantial increases in productivity.
Labor Performance LMS is a software platform that incorporates the tools and business processes we developed in running outsourced operations. It’s a very cost effective software solution that is easy to use. Less than a 2% increase in productivity will pay for the product and your internal administrative costs to run it. Most companies will see a complete ROI on it in 2 months from the time you activate the solution. Depending on your operation, and your organizational commitment, you can see up to a 30% cost savings on your labor cost in a year.
We can help you implement the program quickly and easily with our implementation services. The software is very affordable and the payment programs are easy. Costs savings begin on the first day of operation.
Does government or private enterprise provide a more cost effective service or product? Obviously the answer is private enterprise. The reason is private enterprise creates a profit motive. Our Labor Performance software drives the profit motive model to the individual on the floor by rewarding them directly for their increase in productivity. The rewards cost you nothing because they come out of the cost savings from the increase output from each person.
Once you incentivize people to perform, you might be surprised at the star performers you have that are currently hiding amongst the mediocre workers.
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