How to use overtime to benefit employees, customers, and the bottom line
Use overtime strategically to support your business goals and be fair to workers who want the hours. You’ll improve customer service, combat pay inflation and time theft, increase employee satisfaction, and compete more effectively in today’s fast-paced logistics market.
It’s time to recognize that overtime is not the bogeyman it’s been made out to be. Particularly for logistics and distribution companies, where demand is seasonal and variable, overtime can be a valuable tool.
The strategic, planned use of overtime can help you operate more efficiently and safely, meet productivity goals, increase employee engagement, and limit turnover. Conversely, minimizing the use of overtime can actually result in decreased service levels and inflated costs — especially with highly seasonal or variable demand. Factor in a pandemic and vaccine rollouts and the challenges for the logistics and distribution industry have never been greater.
Download this white paper to learn how you can put overtime to work for your business.
“If you have seasonal or variable demand, the fair and balanced use of overtime lets you ensure on-time delivery while keeping costs down. Overtime is not the problem. In fact, it is probably the solution.”
John Frehse, Sr. Managing Director
Ankura Consulting Group