In the contemporary market, managing a workforce is becoming an increasingly complex job. Employers need to track the attendance and performance of international teams, remote teams, independent contractors, part-timers and freelancers simultaneously. The constantly moving elements of the workforce make it difficult to increase productivity and optimize efficiency. Here, employers have started using several workforce management software available on the market. 

The workforce or employee management software helps these employers to develop multiple workforce management best practices. These best practices can significantly improve efficiency and productivity. 

7 Best Practices of Workforce Management

1. Time and attendance tracking - When you’re operating in a gig economy you cannot solely work with full time workers. The time and attendance tracking feature will, therefore, enable you to track the time spent and the attendance of all your part-timers and freelancers. The time tracking feature is especially beneficial if you’re trying to evaluate employee efficiency and performance. 
2. Performance monitoring and evaluation - Track the time and productivity of your employees on each project in real-time. The interactive and collaborative interface of the scheduling and planning application reduces the chance of dishonesty in the process. And, based on this performance tracking you can deliver a transparent and precise evaluation for your team. 
3. Payroll and benefits - Financials are an important element of all labor force management software. You can not only define cost and billing rates but also generate cost and profit reports with easy-to-understand infographics. Keep track of multiple payrolls depending on the employment type as well as their hourly charges. A historical timeline of payroll also lets you see the changes in their wages over a long period. 
4. Resource scheduling - A company often has multiple projects running simultaneously, hence, without the help of technology it is difficult to keep track of them all. The easy and real-time visualizations of this software help in identifying the requirements for particular resources and scheduling them accordingly. Keep track of resource availability with the quick and easy Gantt charts in the applications. 
5. Data-driven predictions - In addition to keeping track of multiple movie pieces of an organization, these applications or software can also aid in decision-making. Each report generated by the software can allow you to view the data from different perspectives, dates and graphs. Based on this data you can make data-driven decisions and predictions regarding resource requirements and the timeline of different projects. 
6. Agility - Workforce management applications can make teams more flexible and adaptable to changes in resource availability as well as external factors. An important best practice in workforce management is allocating tasks based on the strengths and abilities of the employees. This approach further increases the agility of the team, thereby, reducing their chances of becoming obsolete. 
7. Workforce planning - Planning the workforce and the necessary resources has become significantly easier with resource planning software. Resource utilization reports will inform you whether you can increase the efficiency of your resources even more. Employ your resources in different aspects and projects of your team and plan your workforce better every day!

With so many benefits at your fingertips, invest in robust workforce management software today!