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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Golden Star Enterprises Ltd (PK) | USOTC:GSPT | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.00129 | -43.14% | 0.0017 | 0.0017 | 0.0033 | 0.004 | 0.0011 | 0.0014 | 639,833 | 21:00:10 |
Managing a large workforce efficiently is essential for successful company management. It presents a serious problem for large companies as small inefficiencies can add up to big costs.Yet with the new trend of working from home making the problem even more complex to solve, the need for workforce management (WFM) software has been steadily increasing.
In 2020, the global market size for WFM was valued at 7.03 billion USD. By 2027, that's forecasted to grow at a compounded annual growth rate (CAGR) of 10.2% to reach a valuation of 9.93 billion.
Why is demand strong for workforce management systems?A workforce management system can be a huge asset to any big organization that manages employees' shifts. There are simply too many variables to efficiently manage a large workforce without a little help from technology.
WFM systems can:
Altogether, that means higher efficiency and productivity of labor. Which can mean significant savings for large organizations.
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