Workforce Management

div clinclude payroll and benefits, human resource, time and
Workforce Management (WFM) encompasses all theattendance, career and succession planning, talent
responsibilities for maintaining a productive and contentmanagement and/or applicant tracking, learning
labor force—a company’s mostmanagement and/or training management,
valuable asset. It is organizing an accountabilityperformance management, and forecasting and
framework that ensures that a department's strategicscheduling.
priorities and objectives are administered in an efficientWorkforce management is the strategic configuration
and cost effective way.used in order to replenish the organization’s
Workforce management is sometimes referred to asbusiness processes with the right quantity and
Human Resource Management Systems, or even thespecialization of human capital.
larger Enterprise Resource Planning systems. It may