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Workforce Management

360° view of labour performance versus cost

You know you need the right people, in the right place, at the right time to optimise your labour spend. But how do you accomplish that?

Meet Your Challenges

  • Keep track of starters, leavers, training, holidays and absences with smart charts and graphs that show you the trends.
  • Gain insight with forecasting, scheduling and time and attendance, presented in line with key performance indicators in whatever detail you choose.
  • Stay on top of what's really happening with dashboards that tell you what you need to know.

Fourth Analytics gives you one version of the truth. When it comes to your staff, Fourth's workforce management analytics turn your data into real information. Now you can visualise, interrogate and interact with business critical information exactly how you'd like in seconds.

Key Benefits

  • Labour saving opportunities can be Identified, potentially enhancing labour savings by up to 2%.
  • Customisable dashboards show you what's important to your business.
  • All data is updated in real time for immediate insight.
  • Payroll analysis reporting shows you over- and under-spend.

Features

HR

The Problem
Understanding the trends behind your HR data is essential to truly understanding business performance. This data is often in silos, making extracting the intelligence behind it complex at best and impossible at worst.

Our Solution
Fourth Analytics' smart charts and graphs show you the trends in all your starters and leavers and their training, holidays and absences data. With With Fourth's human resource software solutions, automated KPI reporting takes seconds not days. Gender splits and job function analysis are now easy to see.
labour-trend.jpg
1. See labour cost efficiency over time
attendance-record-tracker-1.jpg
1. Track your staff’s attendance record
2. Track your staff’s attendance record according to your own thresholds and parameters
3. Alerts staff not clocking in or out or both
4. Easily see the best and worst performing sites for hours paid vs hours worked
5. What can one site learn from another?
attendance-record-2.jpg
1. Plots your menu items against each other by profitability and popularity
2. Showing which menu items may need re-evaluating
3. And highlights profit improvement opportunities by showing where selling prices are too low
staff-absence-analysis
1. Track absences by reason
2. Track absences by month
staff-absence-analysis
1. Track absences by length of service and employment type

Labour

The Problem
Accurate data on true business performance, whether it's labour productivity or how well talent is recruited and retained, is hard to find and even harder to extract and interpret. Poor patterns are missed and subsequently repeated.

Our Solution
Now all the intelligence in your data is transformed into graphical information. Automated staff turnover reporting shows why you lose people and where you are recruiting well, by brand, GM and region. Automated actual versus budget labour reporting shows your true labour cost in seconds. Now you can see the areas needing attention at a glance.

daily-labour-1
1. Easily see the varuiance between actual hours vs required hours to meet forecast demand
2. Highlights overstaffing by timeslots
daily-labour-2
1. See when the biggest areas of labour overspend occur
2. See who the best – and worst - performing Area Managers are
leavers-analysis
1. See leavers by Area Manager
2. What can one AM learn from another AM?
3. Many returning home to their country of origin: too much reliance on transient labour?
4. Loss of staff to the competition: do paty rates need addressing?
staff-turnover
1. Is this disparity in Leavers' gender in line with the overall gender mix?
2. Why is Brand B losing more people than Brand A?

Payroll

The Problem
Transient, seasonal, part-time and full-time workers are paid hourly, weekly or monthly with differing pension contributions. Errors and overpayments result. True payroll performance analysis can be costly to implement and labour intensive to compile.

Our Solution
Smart charts in Analytics show you what's really happening. At a glance, the dashboards show you all your data any way you need to see it to ensure your staff has the right pay and the right pension every pay period - with zero overspend.
payroll-analysis-1
1. See gross to net pay history
2. And payment/deduction type history

payroll-analysis-2

1. See gross to net pay history by AM

Not sure which edition is right for you? Contact Us

 

Workforce Management blog posts for you

Fourth at NRA Chicago 2017: Everyone’s talking about…#6: The evolution of hospitality

May 31, 2017

Written by: Catherine Marshall

This year the Fourth team visited the National Restaurant Association Show in Chicago to meet old friends and make new ones, listen, learn and see the amazing new developments in the US market - about 10x the size of the UK market. Over four days, the organisers claim that nearly 50,000 restaurant professionals from all over the US and beyond will visit.
Read More
View all Blog Posts

Workforce Management resources for you

Get More Resources
Fourth Analytics provides the depth of analysis and detailed information our hotels need – particularly in showing trends, giving long term overviews and high level summaries. It flags trends for further investigation and also provides fact-based confirmation of what we originally suspected. Where necessary, we can then drill into our Fourth solution to a fine level of detail to enable us to take positive action. An example of this positive action was increasing our level of part-time and flexible labour after Fourth Analytics helped quantify an imbalance in our staffing profile. Now we have a greater percentage of employees on part time and flexible contracts, with the obvious effects on the bottom line. I would certainly recommend Fourth Analytics to any hotel operator wanting to understand and act upon trends, improve operational efficiency and help spot and eliminate unnecessary spend.

Andrew Elvin HR Programme Manager

Specs

All you need to run Fourth’s products is a device with an internet browser. Yup, that’s it.