As your business grows, your costs rise significantly. Unfortunately, if you are still using manual workforce management processes to schedule and manage your crew, it’s difficult – practically impossible actually – to get to the true costs surrounding your labor. This includes everything from actual availability data to who is on the verge of hitting overtime or full-time status and so much more…
In our latest video blog, LASSO’s Angela Alea talks about how accessing the right data, at the right time, can not only bring you more profits, it can also reduce the strain that managing constantly changing event details can add to your business. Check it out below.
Hello again, I am Angela Alea, President and Chief Sales Officer at LASSO and we appreciate you stopping by our video blog today.
As many of you know, LASSO’s roots stem from the event industry. We know firsthand how difficult it is to manage crew with manual process. And yes, excel spreadsheets and google docs are still considered manual processes!
What we continue to hear from you in addition to wanting to automate things, is your need for access to more data. Access to information on things like:
- If I schedule this person, will they be in overtime?
- Is this person already booked somewhere else and I don’t know it?
- Who is actually available?
And now thanks to the Affordable Care Act, are my part time crew members now going to be full time employees because I am scheduling them too much?
When manual processes keep you from having this data, your bottom line takes a hit.
With all of these things to consider, make sure you are billing enough to cover these expenses and others such as your workers comp and payroll taxes.
For your events, do you know your total labor cost, including things like daily or hourly rates, travel costs, per diems, and overtime? If your answer is no, then you are probably leaving money on the table by under quoting projects and exceeding budgets.
That is where LASSO can help. To learn more, please request a demo of our workforce management plaftform.
We’ll see you again next time, and have a great day.