British Airways employs Workbrain to manage its complex time and attendance and employee self-service requirements, and has reported significant payroll savings
as a result.
Many realize payroll savings
of ten percent while simultaneously improving customer service.
With the Taoiseach yesterday insisting payroll savings
must be made and Congress warning it will fight pay cuts, a major confrontation could now be looming.
Results of Exametric's precision forecasting and scheduling technology include up to 30% in overtime payroll savings
and a 70% improvement in branch manager productivity.
As a result, the Company has reduced its workforce by approximately 23% to eliminate redundant or unnecessary positions, effective immediately, resulting in projected annualized payroll savings
of approximately $3 million, approximately half of which are expected to be realized in 2006.
He said: "The inescapable truth is there is an additional [euro]300million on payroll savings
needed - that money has to be found.
The Company's restructuring should result in net cost reductions and payroll savings
in excess of $1,000,000 annually, and the Company expects to take a charge in the first fiscal quarter for the restructuring.
Approximately 147 full time equivalents at JEMH were reduced during this period through either attrition or turnover for an estimated payroll savings
of $6 million-$7 million.
He said: "In common with every part of the public sector, a range of payroll savings
measures are being discussed with associations representing members of An Garda Siochana.
While severance charges will negatively impact results for the second quarter, substantial payroll savings
will be experienced starting in the second half of the year.
The government of the province of Nova Scotia will be providing wage subsidies over the coming twelve months that will equate to payroll savings
of approximately $1.
The increase is believed to be due to payroll savings
, which were EUR10million more than Aer Lingus had anticipated.