Compare Actual vs. Theoretical Labor Costs

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A New Feature in TimeForge

One of the new features in TimeForge allows employees to clock-in and clock-out from the TimeForge website.

With this new feature, you and your staff can compare the theoretical labor schedule (which is built using the Schedules section of the website, and created in advance of the actual work to be done) to the actual labor cost (based on employees clocking-in and clocking-out).

Additionally, there are a number of new reports (such as the Attendance report) which can be used to help compare actual cost vs. theoretical cost.

How long does it take to make an employee schedule? It should take less than 5 minutes! Did you know that labor costs could be as much as 30% of your expenses? TimeForge can help streamline and minimize labor costs through effective employee scheduling at your restaurant, bar, or club.

Picture of Anthony Presley

Anthony Presley

Anthony Presley is the CEO of TimeForge, a company he founded in 2007 to ensure that retail managers and team members could focus on hard problems like keeping guests happy, and let the computers crunch the numbers. TimeForge was one of the first platforms in the retail space with AI built in, and it continues to innovate with gamification, hyper-local recruiting, AI compliance, and earned wage access.

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