Labor Allocation
Track where your labor dollars go without manual calculations
What it does
Labor tracking that isn’t labor-intensive
Your job’s more important than pushing paper. But a mountain of manual calculations keeps you from doing what you do best. End the busywork with our Labor Allocation tool. It automatically tracks where your labor dollars go by job, location, department and more. Meanwhile, you gain accurate data to proactively assess trends, address needs, financially plan and maximize your role’s potential.
Manual tracking for no one
Neither you nor your employees need to worry about manually tracking time differently per role or location. Employees easily select their allocations when they clock in, and our software takes care of the rest. If they need to log their time differently, it’s just as simple.
Effortless accuracy
When mistakes happen, you take the blame. Our tech seamlessly allocates hours across payroll, invoices and accounts receivable in real time. Meanwhile, you, employees, contractors and anyone else involved can rest easy.
Proactive compliance
Helping your organization avoid fines, audits and other penalties can be a massive undertaking. Since our software simplifies and automates labor allocation, it helps you easily comply with complex employment laws.
What makes us different
One software to put labor on track
Our Labor Allocation tool exists in the same single software as all our tech, so you don’t have to constantly reenter data into multiple systems. And it’s all accessible with just one login and password.
This also means any time your people enter seamlessly flows to payroll and your general ledger. Plus, if an employee clocks in at a specific allocation — like a location outside their home state — any required pay rates and taxes automatically apply.
How it works
Track labor, not endless tasks
Manual data reentry doesn’t just waste your time. It also costs your company valuable ROI. That’s why our staff allocation software is automated and fully configurable. We handle the small stuff so you can focus on your org’s unique needs.
Configurable to your needs
Never leave a dollar in doubt. No matter your industry, Labor Allocation shows you exactly where your funds go and how state laws affect certain employees. Use the tech as you see fit for reporting, budgeting, planning and more.
Real-time allocation
Take an unnecessary burden off you and your staff. Our software assigns and allocates funds in real time to save HR and employees from manual time tracking — even when workers swap shifts.
Primed for insight
With Labor Allocation, you don’t need to be an expert programmer to get the analysis you need. Our tech includes predefined reports, giving you an instant and convenient way to analyze trends.
Powerful reporting
Don’t get blindsided by an untimely audit. With our advanced reporting, you can easily produce the exact information you need to comply with confidence.
See what people are saying about Labor Allocation
Comprehensive convenience
Labor Allocation seamlessly connects with
Our tech automatically calculates labor allocations and applies them to our Time and Attendance tool, simplifying when, where and how your people work.
Paired with our Scheduling tool, Labor Allocation gives you a full-spectrum view of your compliance. Together, they easily let you follow state-to-state tax guidance, fair workweek laws and more.
While employees use our self-service experience to access the data they need, Labor Allocation makes it easy for them to change their time punches to the appropriate category as they clock in.
Frequently asked questions
Learn more about staff allocation software and HR compliance
Labor allocation software makes it easier for employers to monitor and assign costs based on certain categories. For example, Paycom’s Labor Allocation tool divides allocations into three main categories:
- jobs, or the specific position a person fills in their org
- department, or the area of a business an employee works in
- location, the physical location where an employee works
While not every labor allocation tool works identically, most will establish a method for assigning and categorizing labor costs. Essentially, this creates a clear trail of details, eliminating the need to manually calculate allocations and define every employee’s time punches.
When done right, labor allocation software takes a manual and time-consuming process off HR’s plate. With Paycom’s tech, this also pulls a burden off of employees, too, since it allows them to easily choose their labor allocation upon clock-in. Plus, labor allocation tech can automatically apply required taxes based on where an employee works, so HR doesn’t have to. Instead, the department can focus on financial planning and compliance readiness.
Our staff allocation software simplifies and automates the tedious side of managing labor costs. And since HR spends less time wrestling with manual calculations, HR pros have more time to analyze — not meticulously manage — labor dollars. This big-picture view makes it easier for companies to analyze trends, digest what they mean and, ultimately, adapt their workforce as needed, like through recruiting or reorganization.
Since Paycom’s Labor Allocation tech exists in our single software, employees’ time — including their specific allocations — flows seamlessly to payroll and our general ledger tool. This frees HR and payroll staff from manually entering this data into payroll and makes it easier to generate accurate financial reports. Plus, this process creates a crystal-clear audit trail, giving organizations a proactive edge against audits.
Staff allocation software allows you to track:
- labor spending
- local, state and federal payroll taxes
- employee data (including role, department and location)
- punch change requests
Our staff allocation software helps employers comply with confidence by automatically applying and calculating state taxes based on an employee’s physical location. If an employee works outside of their home state, taxes are automatically applied to their wages under the specified allocation.
Our software automates the tedious aspects of labor allocation, so you don’t have to sweat manual calculations or paper-based processes. By automatically considering local and state taxes, our Labor Allocation tech also addresses another (and often stressful) aspect of HR’s job.
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