Reverse auctions can provide an easy way for your human resources department, department managers and per diem/shift employees to lower human resources costs, simplify scheduling, and decrease overall management overhead.
Reverse Auctions
In a reverse auction, the buyer controls the auction and the lowest bidding seller is the winner. In a human resources context, a reverse auction can be used to buy shifts of labor from the lowest bidding employee.
Lower Costs
At the start of every auction, the human resources department specifies the maximum they will pay for the shift worked. The initial amount can be, typically, less than what would be paid to an outside supplier (e.g., an agency). Every bid under that amount represents even greater savings.
Simplify Scheduling
With an integrated system, qualified employees can be automatically notified of shifts for which they are qualified. From that point, the employees begin the process of self-scheduling.
Reduce Overhead
In addition to simplifying scheduling by letting employees take over some of that role, managers are freed from making calls, sending emails, and other means typically employed to fill empty shifts.
Conclusion
A reverse auction system can afford you greater control over human resource costs and simplify scheduling through automatic means lowering management overhead.