Align Staffing with Budget
Axiom Labor Planning software offers a sophisticated approach to salary and benefits planning that leverages your institution’s human resources data, driver assumptions about future rates, and budget input. Leaders can plan by position or employee for stable and highly compensated positions or by job code or job type for more variable positions, such as student workers.
Handle multiple fringe benefit rates and apply to appropriate salaries
Secure System Integration
Integrate HR and payroll systems to pull in employee data
Create New Positions
Incorporate bargaining unit and appointment data on position types
and the finance team is already thinking about additional ways to
extend the value of the platform."
Featured Labor Planning Insights
Similar to what is occurring in many industries nationwide, the financial underpinnings of higher education’s business model are vulnerable.
According to a recent NACUBO study, salaries and benefits comprise more than half of total expenses at US institutions. Given pressures to operate more effectively, colleges and universities require a better method of managing the labor planning process.
Avoid Unexpected Costs with Software that Forecasts
Implications of Future Staffing Based on Your Goals