Kronos Sponsors NRF Session on the Benefits of Investing in Labor

CHELMSFORD, Mass.--(BUSINESS WIRE)--Kronos Incorporated:

“Invest in Your Workforce to Increase Sales ... Because Labor Cost Reduction is Just so Passé.”

What:	Kronos Incorporated is bringing one of the retail industry’s foremost thought leaders in operations to the National Retail Federation’s (NRF) 102^nd Annual Convention and Expo. Dr. Marshall Fisher, Professor of Operations and Information Management at The Wharton School at the University of Pennsylvania, co-founder and Chairman of 4R Systems, Inc. and a co-author (with Ananth Raman) of The New Science of Retailing will present the session, “Invest in Your Workforce to Increase Sales ... Because Labor Cost Reduction is Just so Passé.”
When:	Jan. 14, 2013, 10:15-10:45 a.m.
Where:	National Retail Federation Retail’s Big Show
	Jacob K. Javits Convention Center, New York City
Why:	Too often, retailers focus on their employees as an expense; a cost to be minimized. However, when they view their workforce as a key asset they can get both the cost savings and sales increases that will drive growth. In this session, Dr. Fisher will discuss his latest research on the impact that the correct allocation of labor has on sales growth, including findings that each additional dollar spent on labor can lead to sales increases of $4-28.

About Kronos Incorporated

Kronos is the global leader in delivering workforce management solutions in the cloud. Tens of thousands of organizations in more than 100 countries — including more than half of the Fortune 1000® — use Kronos to control labor costs, minimize compliance risk, and improve workforce productivity. Learn more about Kronos industry-specific time and attendance, scheduling, absence management, HR and payroll, hiring, and labor analytics applications at www.kronos.com. Kronos: Workforce Innovation That Works™.

© 2013 Kronos Incorporated. All rights reserved. Kronos is a registered trademark of Kronos Incorporated or a related company. All other trademarks are property of their respective owners.