Workstream, the modern payroll, HR, and hiring platform tailored for hourly businesses, has launched a series of innovative payroll, time clock, and shift scheduling products. These new offerings are designed to enhance the functionality of its integrated all-in-one platform, particularly benefiting QSR franchisees, restaurants, and other organizations that employ hourly workers.
Insights from Industry Experts
Don Fox, former CEO of Firehouse Subs and a current advisor to Workstream, emphasizes the importance of having the right tools in the restaurant industry:
“After decades in the restaurant industry, I’ve learned how important it is to have access to the right tools. Workstream is the only payroll and HR platform I’ve seen that’s built specifically for hourly workers. It reduces so much of the repetitive work that bogs down business owners, helping them move faster and save costs.”
Survey Highlights
A recent survey conducted among HR leaders and business owners underscores the need for specialized tools for hourly workers. Key findings from the survey of 250 respondents include:
- 23% still rely on manual spreadsheets for payroll processing.
- 64% desire a tool that specifically caters to the needs of the hourly workforce.
- 73.6% are interested in consolidating their payroll, hiring, time tracking, and HR platforms into a single solution.
New Product Offerings
Building on Workstream’s successful HR technology, the newly launched products address the specific needs highlighted in the survey results. These tools provide an automated and consolidated payroll solution specifically designed for the hourly workforce, departing from traditional high-priced enterprise payroll providers. Workstream’s offerings aim to lower the barriers to building an all-in-one HR tech stack by providing affordable, customizable solutions suitable for growing businesses.
Key Products
As many businesses prepare for Q4 and the upcoming year, now is a strategic time to consider adding the following hourly-specific products to their HR tech stack:
- Payroll: Streamline common hourly payroll challenges such as dynamic pay rates, multiple jobs, and location changes. Integrating with Workstream’s HR and Time Clock products saves managers time on data entry and reduces payroll errors.
- Time Clock: Utilize a smart time clock that proactively flags potential issues with breaks, overtime, and clock-outs, while integrating seamlessly with Shift Scheduling and Payroll.
- Shift Scheduling: Easily create, revise, and publish schedules, with alerts for flagged shifts that give managers real-time visibility into scheduling changes, helping to control labor costs.
Desmond Lim, CEO and co-founder of Workstream, stated:
“Our latest payroll solution is a game-changer for hourly businesses looking to streamline their operations and stay ahead of the competition. By integrating seamlessly with our suite of hiring, onboarding, and HR products, this new offering not only simplifies payroll management but also empowers businesses to increase efficiency and significantly reduce labor costs. We’re committed to meeting the unique challenges faced by hourly businesses, and with these tools, our customers can better compete in a challenging economic landscape, ensuring they stay ahead of the curve.”
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