Labor is the number one controllable cost in almost every organization. Employees are also the most valuable resource. By understanding the right labor strategies, including how to engage employees in a real and meaningful way, our clients capture impactful cost savings while driving increased engagement.
Ankura’s labor strategy professionals provide a suite of industry-specific services to companies requiring rapid and sustainable improvements. The team recognizes the inherent sensitivities associated with labor and therefore offers a wide range of solutions based on client-specific needs. Many of our clients require projects that design and implement operations and labor strategies, including shift schedules. However, more specific projects may focus on topics that include employee engagement, overtime reduction, contract negotiations, absenteeism, and turnover as examples.
This is a half-day crash course on labor strategy.
Understand where hidden labor costs are destroying margin.
Engage the workforce with an anonymous, third-party survey to understand employee engagement realities.
Attach dollars to contract language to understand the financial and operational impact of negotiations.
Reduce absenteeism, FMLA abuse, and turnover in a distressed environment.
This hands-on approach at the employee level allows Ankura to achieve significant additional operational savings that most firms miss.
Whether you are overpaying employees (most likely) or underpaying, find out where the problems exist as soon as possible.
With the world becoming more “on demand,” management teams are forced to hold little to no inventory while customers expect immediate service.
When investing in labor-centric businesses, it is critical to understand where both opportunity and risk exist in an organization.
Advanced labor forecasting allows management teams to make better decisions faster.
Management teams across an enterprise typically do not follow the same rules and practices, which kills margins.