The Kronos Guy Blog

Kronos Workforce Analytics now available as a Service

Jenna Ryckman — May 2016

In an exciting move for small to medium sized businesses, Kronos Incorporated has officially released Workforce Analytics as a service. Kronos analytics gives businesses the ability to visualize workforce data through interactive technology that provides real-time insight into how labor hours and processes are effecting the organization. The ability to implement Workforce analytics as a service allows organizations with scarce resources to still benefit from insights into critical workforce trends from big data. Analyzing the data from workforce trends can help increase sales, employee engagement, and overall operational efficiency. Partnering with Kronos services gives SMB’s the opportunity to get the most ROI from their analytics by benefiting from external experience and resources.

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Navigating the Affordable Care Act with Kronos: Payroll-Based Journal

Jenna Ryckman — May 2016

The Affordable Care Act has become one of the main reasons for employers to modify their WFM applications in order to meet new reporting requirements. The new Payroll-Based Journal is one of the results of the new healthcare mandates. The new system specifically affects nursing homes and long-term care facilities.

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Kronos & Compliance: Are you Prepared for the new Overtime Rules?

Jenna Ryckman — May 2016

The U.S. Department of Labor is expected to announce overtime rules addressing regulations that will significantly affect labor costs. The overtime protections will be extended to nearly 5 million white collar workers within the first year of implementation. With only 60 days to comply, employers will be expected to increase the salary level for “white collar” exemptions from the current minimum of $455 per week, or $23,660 a year, to $970 per week, or $50,440 annually.  As a result, employees paid below the $50,440 threshold would be entitled to overtime on any work over 40 hours per week.

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