Request Info
SOLUTIONS
|
PRODUCTS
|
|
SUPPORT
|
NEWS & EVENTS
|
PARTNERS
|
ABOUT FT

Employee Retention
In many industries, staff turnover incurs a significant expense. Newly hired replacement staff members incur training expenses as well as reduction in quality of service due to their lack of experience and familiarity with the enterprise operations. Typically, a substantial portion of total staff turnover is controllable in a sense that it results from management decisions. Such decisions include staff remuneration and labor conditions. The diagram below illustrates the controllable portion of staff turnover in the call centre environment.

In industries where workforce management is required, an important aspect of labor conditions is the work-life-balance and staff fairness. The OWM self-service component empowers staff members to influence the shifts through a unique bidding system where bidding points are allocated to preferred and undesired shifts. The optimization engine of OWM uses these bids in order to optimize the schedules with respect to staff preferences, in addition to the operational requirements on the schedule. Another component of OWM’s optimization function is the fair treatment of staff. Thus through innovative use of optimization technology, OWM reduces controllable staff turnover and thereby saves recruitment expenses.

OWM increases the employee retention through the following means:

  • Ensuring Fairness: Staff members typically have an acute sense of fairness with respect to aspects of the schedule that affect their social lives and monetary compensation. Manually generated schedules often suffer from a lack of balance with respect to these criteria. OWM ensures fair treatment of staff by tracking several fairness criteria. These criteria include the balancing various critical work-shifts, like rest days and night shifts, the percentage of requests and requirements met, the occurrence of shifts that lead to special monetary compensation such as night shifts and a balanced allocation of more fatiguing shifts (e.g. morning shifts) and less fatiguing shifts (e.g. afternoon shifts).
  • Maximizing Fulfillment of Staff Requests: Granting important staff requests have a noticeable effect on workforce motivation and satisfaction. The higher the percentage of overall staff requests met, the more satisfied the workforce is. However, this has to be done while ensuring sufficient staffing exists to cover the service requirements of the department. OWM implements a unique bidding system that maximizes the fulfillment of staff requests, and the sense of ownership of staff members of their rosters, while ensuring a fair treatment of staff members over long periods of time.
  • Balancing Desired/Undesired Shift Patterns: Certain shift patterns are desired by staff members because they increase their quality of life. For example a morning shift before an off day increases the number of hours off in one stretch without requiring an annual leave. On the other hand, a morning shift after a leave is undesired because it negatively affects the social life on the evening of the off day. OWM provides a configurable set of negative and positive patterns and optimizes schedules to minimize the occurrence of negative patterns and maximize the occurrence of positive patterns.
  • Catering for Staff Specific Requirements: Specific staff requirements result from unique life situations of staff members. For example, family members in need for care impose restrictions on the shifts that staff members can work. Working couples often prefer combinations of shifts that allow them to maximize the time in which their children are cared for. OWM considers such unique requirements by arranging staff members into arbitrary groups and allowing specific requirements for the members of each group. In addition, parameter settings can be individualized to cater for unique staff requirements.

 

 


Want to learn more on OWM benefits?
Send email to: sales@friartuck.net