HR & Recruiting Glossary
This glossary will support any HR professional, business owner, or hiring manager. Here you will be able to find the knowledge of key terms and concepts shaping the hiring world.
Time and Labor Management
What is meant by time and labor management (TLM)?
Time and labor management (TLM) refers to the processes and systems used by companies to efficiently track, manage, and optimize the time and labor resources of their employees. This encompasses various activities related to employee attendance, work hours, scheduling, payroll, and compliance with labor laws.
Effective time and labor management can lead to improved efficiency, reduced costs, better compliance with labor laws, and increased overall satisfaction among employees.
Does ApplicantPro offer Time and Labor Management Software?
Yes, ApplicantPro offers a Full HCM solution that is customizable to fit your needs! This solution includes Onboarding, Payroll, Human Resources, Benefits Enrollment and Administration, Time and Labor Management, Scheduling, and Expense Management!
Can ApplicantPro help with our time and labor management needs?
With ApplicantPro Time and Labor Management, you're able to approve time off requests, monitor attendance/punches, track paid time off, manage overtime and compensatory time, and receive notifications.
We can help:
- Reduce inefficiency and errors
- Handle multiple work environments
- Collect and manage time-tracking data