September 10th, 2012 at 10:00 am
CHELMSFORD, Mass., Sept. 6, 2012 — Kronos Incorporated today announced the September release of the Kronos® Retail Labor Index™, a family of metrics and indices that characterize the current state of the demand and supply sides of the labor market within the U.S. retail sector. The September report includes data for August 2012. The analysis and write-up are prepared by Macroeconomic Advisers LLC, and are available on the Kronos Retail Labor Index website. News Facts The Kronos Retail Labor Index: (This index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3.0 percent means that for every 100 applications […]
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September 10th, 2012 at 9:57 am
CHELMSFORD, Mass., Aug. 28, 2012 — A new global survey commissioned by The Workforce Institute™ at Kronos Incorporated and conducted by Harris Interactive reveals that a majority of hourly workers around the world believe their employer has violated laws or rules governing overtime in their region. The Kronos Global Overtime Survey also looks at the frequency of overtime around the world and employee perceptions of how fairly their employers provide overtime. News Facts Hourly wage workers in Australia, Brazil, Canada, China, France, India, Mexico, the U.K., and the U.S. were represented in the survey. The vast majority of hourly wage workers around the world said they are at least somewhat […]
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September 10th, 2012 at 9:51 am
CHELMSFORD, Mass., Aug. 20, 2012 — Increased competition and economic pressures continue to challenge profitability in the automotive manufacturing industry. To address these issues, manufacturers spanning the automotive supply chain are turning to workforce management solutions from Kronos Incorporated. News Facts Manufacturers in the automotive industry – ranging from parts suppliers to original equipment manufacturers – are increasingly recognizing the value of effective workforce management, as labor is one of their largest controllable expenses as well as a competitive differentiator. For these reasons, automotive manufacturers across the globe including Mitsubishi Motors North America, Tower International, Volkswagen Automatic Transmission (Dalian), Volkswagen FAW Engine (Dalian), and Yanfeng Visteon Automotive Electronics Co. (YFVE) […]
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August 13th, 2012 at 11:14 am
CHELMSFORD, Mass., Aug. 13, 2012 — Underscoring the rapid acceleration of its Kronos Cloud business, Kronos Incorporated today announced a 60 percent year-over-year increase in cloud revenue and a 50 percent increase in cloud customer adoption. Kronos also today announced financial results, company advancements, and customer successes for the third quarter of Fiscal 2012, including double-digit growth in new customer contracts. Kronos revenues for the quarter increased to $224.8 million. Earnings before interest, tax, and amortization (EBITA) was $59.9 million.1 “Customers are enthusiastically embracing our Kronos Cloud and SMB offerings,” said Aron Ain, Kronos chief executive officer. “In addition, the explosion of Big Data is driving rapid adoption of our […]
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August 9th, 2012 at 11:08 am
CHELMSFORD, Mass., Aug. 2, 2012 — Kronos Incorporated today announced the August release of the Kronos® Retail Labor Index™, a family of metrics and indices that characterize the current state of the demand and supply sides of the labor market within the U.S. retail sector. The August report includes data for July 2012. The analysis and write-up are prepared by Macroeconomic Advisers LLC, and are available on the Kronos Retail Labor Index website. News Facts The Kronos Retail Labor Index: (This index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3.0 percent means that for every 100 applications […]
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August 9th, 2012 at 10:59 am
CHELMSFORD, Mass., July 30, 2012 — A new global survey commissioned by Kronos Incorporated and conducted by IDC Manufacturing Insights revealed that labor productivity ranked the highest among all 11 countries surveyed as the most important factor for achieving manufacturing success. Factors such as modern infrastructure, government support, and foreign direct investment ranked in varying degrees after labor productivity. News Facts Manufacturing managers, directors, and executives from sectors including automotive, food and beverage, machinery and equipment, and textiles across Australia, Brazil, Canada, China, France, Germany, India, Mexico, Spain, the U.K., and U.S. were surveyed for current trends in global manufacturing. Respondents from developed economies fared similar to emerging nations when […]
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July 9th, 2012 at 8:34 am
CHELMSFORD, Mass., July 5, 2012 — Kronos Incorporated today announced the July release of the Kronos® Retail Labor Index™, a family of metrics and indices that characterize the current state of the demand and supply sides of the labor market within the U.S. retail sector. The July report includes data for June 2012. The analysis and write-up are prepared by Macroeconomic Advisers LLC, and are available on the Kronos Retail Labor Index website. News Facts The Kronos Retail Labor Index: (This index is defined as the ratio of hires to applications within a given month, expressed as a percentage. A level of 3.0 percent means that for every 100 applications […]
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July 9th, 2012 at 8:27 am
CHELMSFORD, Mass., June 28, 2012 — Kronos Incorporated today announced that the company’s Chief Executive Officer Aron Ain is the recipient of an Ernst & Young Entrepreneur of the Year Award in New England… Read More >>
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July 9th, 2012 at 8:21 am
CHELMSFORD, Mass., June 11, 2012 — Kronos Incorporated today unveiled a new suite of cloud-based workforce management solutions aimed at small and midsize businesses (SMBs). The new Kronos® Workforce Ready™ suite enables SMBs to stay competitive by providing single-source access to real-time employee data. News Facts Historically, SMBs have relied on a patchwork of HR, payroll, and time and attendance products or been forced to work with substandard systems that have been cobbled together. Built from the ground up and designed to run in the cloud, Workforce Ready shares a common technology platform, a universal employee record, and a single user interface across its entire suite of applications. The […]
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July 3rd, 2012 at 10:27 am
On June 21, 2012, the State Senate and Assembly passed a bill which will amend Section 193 of the Labor Law, allowing a wider range of wage deductions than is currently allowed. Governor Cuomo is expected to sign the bill. Read more…
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