OWM for Education
Cope with budget cuts by controlling labor costs
Higher education institutions continue to face severe budget cuts. Despite student tuitions
and fees that have already reached unaffordable highs, universities and colleges are being
forced to cut faculty and programs in order to meet budget requirements. There's no end in
sight, which means these institutions must find more creative and reliable ways to control
costs.
The focus should be on increasing efficiency within their workforce and doing more with less.
In this way universities can behave more like a business. But that's a serious challenge when
many institutions still rely on outdated systems for managing employees.
To address this challenge, institutions need a partner who understands the other difficulties
behind managing a college or university workforce, including:
- A diverse and widespread workforce largely made up of student employees
- Complex work and pay rules
- Exposure to liabilities associated with government regulations and unions
FriarTuck help you to effectively manage
your professional, union, auxiliary, and student workforces, all at the same
time. We help you control labor costs and achieve healthy improvements in employee
productivity and efficiency, both of which are key to maintaining competitive
tuition.
With FriarTuck's OWM solution you can:
- Optimize workforce scheduling and deployment by aligning labor resources
with customer and business demand
- Reduce operating costs by making optimal use of your existing workforce
and minimizing the need for overtime and contingent labor
- Lower your exposure to union violations, employee grievances, and compliance
penalties
- Increase payroll accuracy by automating time and attendance and payroll
processes
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