[October 08, 2014] |
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Kronos Sets New Standard in Workforce Management for Small and Midsize Organizations with Latest Release of Workforce Ready
LAS VEGAS --(Business Wire)--
HR Technology Conference & Exposition - Kronos
Incorporated today announced the latest release of its Kronos (News - Alert) Workforce
Ready suite, which delivers enterprise-class workforce management
solutions in the cloud to small and midsize businesses (SMBs). The
latest release of Workforce Ready includes powerful enhancements in time
and attendance, human resources, and payroll.
News Facts
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Expanded human resources capabilities - Workforce Ready
automates core HR and talent management functions in one integrated
system through superior functionality including:
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Enterprise-class recruitment delivers a personalized view
for online applicants and tools to streamline the hiring process,
such as job requisition workflows, checklists, configurable email
templates, new reports, and dashboard views;
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Customized, automated onboarding to speed time to
productivity with checklists, timelines, workflows, and the
ability to input unique company documentation for paperless HR;
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Complete compensation management add-on module that helps
organizations plan, budget, and model merit increases and
allocations; and
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Benefits management and new employee self-service options
to ensure accuracy and ease of use while making enrollment less
time-consuming, especially during the open enrollment period.
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Extended global capabilities - Workforce Ready now includes
even more robust global capabilities including:
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Multi-lingual support and biometric identification enabling
employees to select their desired language from the Kronos
InTouch main menu and punch in or out using their finger-scan
impression without having to provide a badge or employee number;
and
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Global labor management features tied to specific countries
where Workforce Ready is available, including U.S. Occupational
Safety and Health Administration (OSHA) report filters and
state-specific labor laws, Canadian holiday entitlement
calculations, and age-specific / income-specific pension
activation as well as pay prep calculations in days and hours
designed for European countries.
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Enhancements to minimize compliance risk - Workforce Ready
helps organizations meet compliance with local labor laws and
regulations including:
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Affordable Care Act (ACA) compliance management by
delivering pertinent information for benefit eligibility as the
Employer Shared Responsibility deadline approaches, including new
notifications for employees approaching full-time status that can
b mapped to affordable healthcare plans; and
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Enhanced leave of absence visibility into eligibility and
case management to help organizations drive better decisions and
minimize compliance risk.
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Ease-of-use enhancements - Workforce Ready enhances the user
experience while adding payroll processing features including:
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Punch policy enforcement and in-clock timesheet
management that allows managers to accept or reject punches at
the Kronos InTouch time clock while employees use the device to
submit, review, annotate, and make historical edits to their
timesheets;
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Expanded multi-employer identification number (EIN) support that
now includes general ledger costing by EIN and the ability to tie
multiple EINs to workers' compensation policies;
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Streamlined mobile application interface for iOS, Android (News - Alert),
and Windows mobile devices so employees can see historical benefit
information and easily change cost centers; and
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Additional reporting options including improved turnover
rate reporting and workflow reporting to help identify bottlenecks
in a specific process.
Supporting Quotes
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Ryan Baldwin, director of information technology, Rehab Resources
"Workforce
Ready has already significantly impacted our business with
capabilities historically available only to large enterprises. This
latest release is overflowing with valuable enhancements, especially
new capabilities essential for our HR team. We are particularly
excited about how Workforce Ready simplifies the employee journey from
pre-hire to onboarding to compensation and benefits management, all
while continuing to provide world-class time and attendance."
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Laurie McCabe, partner, SMB Group
"Our research shows
that cloud is quickly becoming the new normal, especially for SMBs.
They are turning to the cloud for business solutions like Workforce
Ready to help streamline tedious processes, get more value from their
data, and provide employees with self-service capabilities. SMBs will
welcome Workforce Ready's latest core HR enhancements, including
talent management, simple compensation and payroll integration, and
compliance mitigation, to help them manage HR and workforce management
even more effectively."
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Mark Ellis, general manager, small and midsize business, Kronos
"This
latest version of Workforce Ready delivers critical capabilities to
help SMBs better manage their workforce in the cloud. Workforce Ready
users around the world will benefit from core HR capabilities for
talent acquisition and benefits management, as well as workforce
compliance with a single, integrated cloud solution."
Supporting Resources
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Kronos made this announcement from the HR Technology Conference &
Exposition being held in Las Vegas this week. Kronos is exhibiting in
booth #2124.
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Learn more about Kronos Workforce
Ready.
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and YouTube.
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Take a look at the lighter side of workforce management in our Time
Well Spent cartoons.
About Kronos Incorporated
Kronos is the global leader in delivering workforce management solutions
in the cloud. Tens of thousands of organizations in more than 100
countries - including more than half of the Fortune 1000® -
use Kronos to control labor costs, minimize compliance risk, and improve
workforce productivity. Learn more about Kronos industry-specific time
and attendance, scheduling, absence management, HR and payroll, hiring,
and labor analytics applications at www.kronos.com.
Kronos: Workforce Innovation That Works™.
© 2014 Kronos Incorporated. All rights reserved. Kronos and the Kronos
logo are registered trademarks and Workforce Innovation That Works is a
trademark of Kronos Incorporated or a related company. See a complete
list of Kronos
trademarks. All other trademarks, if any, are property of their
respective owners.
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