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Make 2023 the Year You Embrace AI and Analytics in Your Employee Management Efforts
Bob Cote
February 17, 2023
A new year is well under way. What changes have you made around your company or department for 2023? Hopefully, you have a pretty good answer to that question. If not, it’s time to take a step back and think.
To say our world has undergone some pretty big changes within the last few years would be putting it mildly. If you don’t watch a movie or get a ride to the airport the same way you used to, why would you handle your employee management like you did five or 10 years ago? Today’s best tech has enabled a better way forward – AI.
What Is AI?
AI, which is a commonly-used acronym for Artificial Intelligence, refers to the simulation of human intelligence in special machines. These machines are designed to think and act like humans as much as possible. AI can be programmed to perform tasks that typically require human-like decision making and problem solving. It can also automate routine tasks, freeing up real humans to focus on more strategic, high-level work. AI has the potential to greatly improve efficiency, accuracy, and speed in decision making for your organization.
All of this is pretty convenient for a variety of industries. For many people, though, the thought of AI is a bit unnerving. Fear not, it’s nothing to be afraid of! In fact, you probably either use or take advantage of AI every day without realizing it. AI has already been put to work in various industries and areas of our society, like:
Consumer Electronics: If you’ve ever said “Hey Alexa…” you’re speaking to AI. When you’re typing on your phone and it suggests the next word, that’s AI too! It’s used in consumer electronics, including smartphones, laptops, and home assistants, to improve user experiences and offer more personalized services.
Retail: Have you ever wondered how you can order something totally random from Amazon and have it at your door the next day? For one, Amazon has AI handle a lot of the hard work. AI is used to personalize customer experiences, improve supply chain management, and optimize pricing. It also improves traffic flow, optimizes delivery routes, and is being used to develop autonomous vehicles.
Finance: If you suddenly spent $100,000 on an ecommerce site and shipped the package to Turkey, your bank would flag it and alert you – and you’d be pretty thankful. You probably already know there isn’t a person watching your bank account every day. The activity was deemed suspicious because it was out of the ordinary for your spending habits. AI is used to detect fraud and analyze financial data in cases like this.
As AI becomes increasingly prevalent in our society, this list will inevitably continue to grow. It offers numerous benefits for organizations of all sizes and types, because it can improve the efficiency, accuracy, and speed of employee management. The widespread use of AI is shaping the way we work. Here at SubitUp, we think that’s a really, really good thing!
Putting Today’s Best Tech to Work for You
AI can help you in your employee management efforts by making decisions based on analyzing data, recognizing patterns, and offering insights and recommendations. For example, AI algorithms can analyze your team member’s past behavior to suggest who will work a Friday night shift without calling off, or analyze your payroll patterns to provide budgeting and savings advice.
It is able to do so because it creates analytics through a combination of data processing and machine learning algorithms. The process typically begins with data collection. The AI algorithm accesses and collects relevant data from various sources, such as past schedules and which shifts your employees said they were available to work.
AI algorithms then use statistical and machine learning methods to analyze the data and identify patterns and trends. The results of the data analysis are generated and presented in the form of your new schedule. It won’t be confusing at all! It will be shown to you in a format that is easily understood and acted upon, even better than a schedule you made by hand.
By automating the steps and using sophisticated algorithms to create a new shift schedule, AI can quickly and accurately analyze all of your data and generate insights that would be difficult for you to identify. For instance, you may not realize a certain employee calls off every time she is scheduled on a Tuesday, even if she has told you she is available. These analytics allow your organization to make more informed and data-driven scheduling decisions, improving your managers’ efficiency and your employees’ satisfaction.
SubitUp Takes the Guesswork Out of Employee Management
AI and the analytics that are developed from it can help create a schedule for your organization. These AI algorithms can analyze employee availability, workload, and project deadlines to generate a schedule that optimizes resource utilization and meets any and all requirements. AI can also take into account factors such as time off requests, sick leave, and other absences, making it easier for your managers to create schedules that work for everyone.
By automating the scheduling process, AI can reduce the time and effort required to create schedules, eliminate human error, and ensure that schedules are always up-to-date and accurate. This can help you be more productive and efficient, and can also improve employee satisfaction by ensuring that schedules are fair and reasonable.
It’s easy to see how AI can help lead to increased productivity and profitability. The AI we use in our scheduling software helps organizations make better and faster decisions by analyzing vast amounts of data, recognizing patterns, and then making predictions based on that data. It’s the best way to make a schedule.
We use it for more than schedules, though. From recruiting to talent development goals to creating a schedule to payroll itself, SubItUp is able to put today’s best software to work for you. With our employee management software, you don’t just have access to accurate people data, it’s also possible and easy to track your progress toward key objectives while spotting trends and emerging problems that may be brewing in your workforce. Who’s calling out too much? Who’s burning out? Who’s behind on their certifications? AI can tell you!