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Can mining piles of data lead to profitable insights about employee vacations? We reckoned the answer to that (and much more) was hidden in the troves of time-tracking info we host for our customers. Access to this kind of powerful aggregated data is one of the major benefits of being on a SaaS platform. So we obtained anonymized data from willing participants, combed through it to see what insights we could get and packaged it as our first ever “Productivity Index.” We hope this type of visibility will make it easier for companies to look ahead, and make adjustments to sustain their revenue streams. For example, they’ll avoid slumps in productivity by correctly anticipating when employees will request vacation time, and adding fill-in help accordingly. But the helpful insight in this case isn’t about the most-requested time of year for vacation (it’s June through August, which you probably guessed). Rather, it’s learning what percentage of people plan to be away from work: 52 percent more than in the spring. This knowledge can help companies implement productive strategies.

What else does the Replicon Productivity Index reveal? There’s much more than we can cover in a blog post, but many of the facts aren’t as easy to guess as you might think. For example, we all know it’s common for people to take an extra day off either before or after a holiday. But which of the following is NOT among the top three holidays that most often require an extra day of celebration or recovery? Memorial Day, Labor Day, Independence Day, or Thanksgiving. Find the answer in our press release, and prepare to hear much more about insights you can use, from our Productivity Index.

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Polaris Creates a New Category of Professional Services Automation

Introduces The World’s First Self-driving PSA, Delivering More Results with Less Hassle. Redwood City, CA – October 28, 2020.  – The Polaris PSA solution launched today, creating a new category…Read More

News from week beginning 19th October

By Steve Brooks - October 26, 2020 What a week, with both Workday and Sage Intacct holding conventions. Several PSA vendors announced new releases including a major update from FinancialForce.…Read More

Replicon Announces Time Intelligence Platform for Cloud-based Solutions from SAP for the Professional Services Industry

Replicon Time Tracking for Service Organizations Delivers a Single Source of Truth for Time. Replicon announced today that its Time Tracking for Service Organizations application is available for purchase on…Read More

Demystifying the millennial workforce: 5 tips from Trunk Club’s Andrew Anderson Devine

Time magazine labels the millennial generation the “most threatening and exciting generation,” infamous for “narcissism [and] its effect: entitlement.” In the workplace, the perception of the millennial workforce is no…Read More

Common pitfalls in professional services organizations & how to avoid them (1/3)

The professional services organization (PSO) landscape is changing -- employees are harder to recruit and retain, a globalized marketplace increases competition for clients, clients want more for less, and management…Read More

Exempt vs non-exempt workers: simplify employee classification

In the United States, most jobs are governed by the Fair Labor Standards Act (FLSA), which classifies workers into two broad categories: exempt and non-exempt. Under the FLSA, non-exempt employees are…Read More
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