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"Can't we just up wages by 3% CPI this year?"

Workforce Planning

 

Half-The-Picture  Direction

THE PROBLEM

Accurate salaries and oncost calculations

Accurate salary and on-cost calculations can be challenging due to the complexities of award interpretation, dynamic workforce changes, and inconsistent data across systems. Misunderstanding industry awards, managing roster adjustments, and handling the variability of on-costs like superannuation and payroll taxes often lead to errors. Additionally, without automation, manual processes are prone to inaccuracies, making it difficult for businesses to maintain precise salary forecasts and budgets. Proper integration of data and systems, combined with a deep understanding of awards, is essential for ensuring accurate salary and on-cost calculations. We have your solution!

HOW WE APPROACH IT

Driver based Planning Precision

We use comprehensive approach to workforce planning combining data-driven forecasting, automated award management, flexible rostering, and continuous compliance monitoring. By leveraging accurate data analytics, our system can predict workforce needs and make informed staffing decisions. Automated systems ensure compliance with award conditions, calculating pay rates and allowances accurately, while flexible rostering allows for real-time adjustments based on demand. Using latest AI tech to do continuous audits and compliance checks help align workforce planning with legal updates, minimising risks and ensuring fair employee compensation

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1. Data-Driven Forecasting:

Leverage accurate data analytics to predict future workforce needs based on historical trends, business growth, and seasonal fluctuations. We also use robust data models which allows businesses to make informed decisions on staffing levels and role requirements.

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2. Integrated Award Management Systems:

Implementing automated systems to manage award interpretation ensures compliance with industry standards. Our systems automatically calculate pay rates, overtime, and allowances based on shifts and job roles, reducing the risk of human error and ensuring that compensation aligns with legal requirements.

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3. Flexible Rostering Solutions:

A flexible and dynamic rostering system enables you to adjust workforce allocation in real time based on demand and operational needs. By integrating award interpretation into the rostering process, our clients can ensure that staff are scheduled in compliance with award rules while optimising labor costs.

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4. Automated Compliance Monitoring:

AI-powered automated compliance monitoring to track HR data, such as timesheets and payroll, in real-time, ensuring adherence to industry regulations. We also create predictive compliance by forecasting potential risks, such as overtime violations or underpayments, before they occur. Automated alerts and reports keep HR teams informed of any compliance issues, allowing them to take immediate action.

OUR CONCLUDING THOUGHTS

Sometimes doing less is more

Working smarter through automation and AI is the key to unlocking greater efficiency. By streamlining workforce planning with data-driven insights and automated compliance checks, you can minimize manual tasks and focus on high-impact decisions. This approach not only reduces the administrative burden but also ensures accuracy and compliance, allowing your team to do more with less effort. At Sprint Analytics, we help you harness the power of technology to optimize your workforce, giving you the tools to scale and succeed—because doing less is more.

Interested in how we can help you evolve your business? Reach out.

We deliver transformational solutions designed to boost business performance and uplift your organisation to the next level. Let’s work together to unlock your business's full potential.