Organizations today have been forced to embrace new ways of working – at an unprecedented pace – while still sustaining high levels of productivity. As a leading global HCM and workforce management solution provider, UKG understands these challenges and has invested heavily in workforce management (WFM) as it continues to be a key component enabling organizations to thrive and return to work safely, even in a pandemic.
Nucleus Research, a technology research and analyst firm well known for their ROI analyses, recently conducted an analysis of their ROI reports on WFM software since 2016. Nucleus confirms that “WFM pays back an average of $12.24 for every dollar spent, with an average payback period of just under 5 months.” In addition to the phenomenal ROI that WFM provides, Nucleus also found several benefit drivers of WFM, such as labor optimization, scheduling automation, reduced employee turnover, and
employee- and manager-self service.
Read the Nucleus Research study to learn more.