
According to the PwC CEO Survey in Australia, 'About three-quarters of CEOs in Australia say that issues related to workforce management and skills are the biggest challenges facing their business in 2023, with cyber risks a close second'.
What is workforce management?
Workforce Management (WFM) is the strategic process of efficiently managing the workforce to meet business goals. In simpler terms, WFM ensures resources are allocated in the right place, at the right time—to ensure employee productivity and business growth.
While Human Resource Management (HRM), focuses on hiring, long-term talent development, and workforce planning, WFM handles day-to-day operations such as scheduling, time tracking, compliance, and assigning employees to shifts.
At present, hybrid and remote work arrangements have made workforce management even more challenging. This is where workforce management solutions come in.
By leveraging technology, data, and automation, WFM simplifies complex tasks, reduces administrative burdens, and aligns operations with company goals. They also optimise processes like rostering, time tracking, and compliance, ensuring efficiency and adaptability in a constantly changing work environment.
For employees, WFM provides better tools and experiences to:
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Manage schedules effectively.
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Request leaves independently through self-service portals.
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Update personal details with ease.
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Track hours worked effortlessly.
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Enjoy greater flexibility and autonomy, boosting engagement and satisfaction.
For businesses, WFM helps by:
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Simplifying tasks like rostering, payroll, and compliance tracking.
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Providing real-time visibility into workforce data to make informed decisions.
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Controlling costs, reducing risks, and driving growth.
Workforce management vs human resource management
While Human Resource Management (HRM) and Workforce Management (WFM) are closely connected, they serve different purposes in an organisation. For business leaders, understanding the differences and significance of both HRM and WFM can unlock significant value.
Human Resource Management (HRM) focuses on the strategic, big-picture aspects of managing an organisation’s people. It is about aligning talent with organisational goals for a productive, engaged workforce. HRM is critical in addressing challenges like attracting top talent or ensuring compliance with labour laws. Typical tasks include:
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Recruitment and onboarding
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Employee training and development
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Performance evaluation
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Compensation and benefits administration
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Employee relations and compliance
Workforce Management (WFM), in contrast, handles the tactical, day-to-day logistics of the workforce. It ensures that employees are in the right place at the right time, optimising schedules and processes to meet business demands efficiently. WFM is often the key to minimising costs while maximising productivity. WFM focuses on:
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Time and attendance tracking.
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Shift scheduling.
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Labour forecasting.
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Compliance monitoring.
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Productivity analysis.
Human resource management provides the strategic direction to attract and develop talent, while workforce management takes on the operational side of things – together, they ensure businesses are making the most of employee potential and organisational efficiency.
What are the components of WFM software?
Effective workforce management (WFM) is no longer just a tool for operational efficiency but rather a necessity. Modern WFM solutions are designed to adapt and meet the complex needs of today’s workplaces.
Let’s explore the core components that make up WFM solutions:
1. Forecasting workforce requirements
Anticipating workforce needs is key to staying ahead of the curve. Without accurate forecasting, businesses risk being understaffed during peak periods or overstaffed during slower times, both of which impact productivity and costs.
Modern workforce management (WFM) solutions address this by using data-driven insights to predict staffing demands. These tools analyse historical trends, seasonal patterns, and real-time operational data to forecast future workforce requirements, all in one place.
2. Onboarding new employees
Efficient onboarding is more than just paperwork—it’s a crucial step in making a strong first impression and setting new hires up for success from day one. A Gallup study reveal that only 12% of employees feel their company excels at onboarding, suggesting that the onboarding experience can make or break the employee-company bond from the start.
WFM solutions streamline onboarding by automating data capture, document management, training scheduling, and performance tracking. These tools reduce manual tasks, minimise errors, and ensure compliance, while centralised platforms make it easier to manage remote or hybrid teams. By digitising onboarding, businesses save time, improve consistency, and create a smoother experience for new hires and the management.
3. Rostering and scheduling management
WFM solutions like Access Definitiv simplify rostering by automating shifts based on employee availability, skills, and fairness for smooth operations.
Managers can track real-time updates, forecast demand, and optimise labour costs. The system also allows employees to access and adjust schedules directly, reducing the chances of last-minute changes.
4. Enhancing employee experience
Modern WFM solutions with mobile apps make managing administrative tasks easy and, on the go, just like mobile banking or any other business app. Employees are able to request leave, share availability, update timesheets, view payslips and annual statements, and input and update personal information from the mobile app. The experience becomes part of everyday life.
5. Performance management
Driving employee growth and aligning it with business goals can be challenging without the right tools. Traditional methods often lead to inconsistent evaluations and missed development opportunities.
WFM solutions simplify this by helping managers set measurable goals, track progress in real time, and provide timely feedback. These tools also identify skill gaps, enabling businesses to offer targeted training and support that empowers employees to grow and succeed.
6. Leave and absence management
Manually managing employee leave can be a hassle—overlapping holidays, policy compliance, and endless paperwork make it error-prone and time-consuming. Automated leave management systems solve this by streamlining the entire process. Employees can submit requests, check leave balances, and get real-time approval updates, while managers gain clear visibility into team availability to plan workloads and avoid gaps.
The system ensures compliance with company policies and labour laws, reducing risks and disputes. By automating repetitive tasks, it saves time for HR teams and boosts transparency for everyone involved. Explore our all-in-one workforce managemnt solution to managing employee leave requests online.
7. Time tracking and timesheet management
Manual timesheets are prone to errors, costing businesses thousands in payroll discrepancies annually. Modern WFM solutions offer mobile-friendly tools that allow employees to clock in, log breaks, and switch duties with ease, even offline.
Automated systems create timesheets instantly, minimising manual mistakes and ensuring precise payroll calculations. Alerts help by notifying staff when it’s time to clock in or out, providing an added layer of efficiency and oversight. Lastly, certain systems even feature facial recognition for validation, boosting accountability while simplifying time tracking for both employees and supervisors.
8. Compliance management
Non-compliance with labour laws can result in hefty fines and reputational damage for businesses. Between 2023-24, Fair Work Ombudsman recovered a sum of $473 million for close to 160,000 underpaid workers from Australian businesses, highlighting the importance of reliable compliance systems.
WFM systems tackle this challenge by automating compliance management, keeping up with labour laws updates, award rates, and workplace regulations. Additionally, these solutions also track employee hours, oversee leave entitlements, and generate precise payroll data, reducing the chance of mistakes or oversights.
What are the benefits of workforce management software?
Imagine a world with efficient teams, fewer mistakes, and smoother operations. WFM make that possible, helping businesses work smarter, not harder. By automating tasks, improving visibility, and ensuring everything runs smoothly, these solutions empower organisations to focus on what truly matters—growth.
Here are the top benefits of a workforce management system:
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Managing time and attendance - By automating time logging and approval workflows, you can cut down on manual tasks and save time. Seamless integration with payroll systems ensures everything stays accurate, timely, and compliant—no more worrying about human errors or oversight.
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Streamline rostering - Gain complete control and flexibility with automated scheduling based on employee availability and skills. WFM software helps eliminate manual errors, optimize labour costs, and ensure the right people are in the right place at the right time—saving you both time and money.
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Improved productivity of workforce - WFM solutions empower employees by reducing administrative burdens and streamlining tasks, allowing them to focus on more meaningful work. With access to real-time data and performance insights, businesses can better forecast labour needs and align schedules with demand, driving efficiency and boosting overall productivity.
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Safer workplace - Never miss a thing with software that constantly monitors and updates your systems when necessary. Compliance breaches and workforce-related risks can have serious consequences for businesses, including financial penalties and reputational damage. A WFM solution helps mitigate these risks by proactively monitoring compliance and flagging issues like overtime violations, ensuring your business stays compliant and protected from costly consequences.
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Manage labour cost - Keep labour costs in check with real-time that help align staffing with actual business needs. WFM solution analyses historical data and forecasts demand, reducing unnecessary expenses and ensuring your workforce is always optimised—save money and operate efficiently.
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Business insights - Unlock the full potential of your workforce with powerful insights from a centralised data source. Workforce management solutions provide clear, actionable analytics, empowering businesses to make informed decisions to optimise operations and long-term goals—all from one easy-to-access platform.
What to consider when selecting a workforce management solution
Every organisation has unique challenges to solve, and the right workforce management (WFM) solution can be a game-changer. The first step to selecting one, employers must determine what problems they want to solve. However, implementing a WFM solution isn’t just about technology—it’s about people too. With so many options available, focus on meeting the needs of both employees and the business.
Here are five things to look out for before choosing a WFM solution:
1. Easy to use for employees
A workforce management solution should make it easy for employees to access and manage their schedules and details. With self-service tools, workers can gain more independence and take control, while HR teams are freed from administrative tasks; which are often tedious and repetitive. This may look like:
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Access schedules on the go.
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Request leave or change shifts independently.
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Mobile-friendly features for convenient roster access.
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View schedules and leave balances in one click.
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Reduce scheduling conflicts through clear communication.
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Enhance employee satisfaction with self-service flexibility.
Access Self-Service Software simplifies these tasks by providing an intuitive platform that supports all of the above.
2. Easy to use for HR and staffing managers
Managing a workforce doesn’t have to be complicated. With the right WFM solution, leaders can handle tasks easily, reduce admin work, and stay organised—freeing up time for strategic work and growing the business.
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Approve timesheets and leave requests with ease.
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View team schedules and working hours at a glance.
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Access employee data and updates anytime, anywhere.
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Automate repetitive tasks to save time.
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Stay on top of compliance with reminders for expiring records.
3. Compliance with Australian labour laws
Ensure compliance with Australian labour laws by choosing a WFM solution that monitors records continuously and automates warnings of expirations. This minimises errors, prevents costly penalties, and keeps your workforce compliant with regulations.
4. Integration with existing systems
If available for your product, ensure the solution integrates seamlessly with your current HR software, payroll systems, and other business tools. Smooth integration reduces manual input, saves time and lessens errors.
5. Scalability and flexibility
Choose a system that can grow with your business over time; one that considers your business’ size, employees, locations and other complex needs.
The future of workforce management
As workplaces continue to evolve, workforce management (WFM) solutions are adapting to meet the demands of modern businesses.
Here are the key trends shaping the future of WFM:
1. Remote and hybrid workforce
With remote and hybrid work here to stay, we expect to see more WFM solutions integrated into businesses as they now support location, time tracking, virtual collaboration, and flexible scheduling.
Outcome: Greater flexibility reduced overhead costs, and happier employees.
2. AI-driven scheduling
AI takes the guesswork out of scheduling by analysing data to predict demand, optimize staffing, and balance employee preferences.
Outcome: Increased productivity, lower labour costs, and fairer schedules.
3. Employee self-service and mobile-first tools
Employees want convenience and control. Mobile-first self-service tools let them manage schedules, submit leave requests, and track hours from their phones.
Outcome: Higher engagement, reduced HR workload, and improved transparency.
Conclusion
In summary, workforce management can transform your business strategy through:
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Leverage technology: Investing in WFM systems offers automation, real-time data, and analytics to streamline operations and drive efficiency.
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Data-driven culture: Utilise data to inform decision-making, identify trends, and proactively address gaps or inefficiencies.
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Prioritise employee engagement: Equip your employees with self-service tools and foster a culture of transparency and autonomy.
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Maintain compliance: Stay ahead of regulatory changes through automated compliance tracking and reporting.
By choosing the right WFM system, your organisation can gain deeper insights and efficiency—all while following compliance and building a culture of innovation. As the workforce landscape continues to evolve, embracing these strategies will position your business for long-term agility and resilience.