According to the International Labour Organisation, ILO Geneva, most nations have stipulated requirements for a weekly rest day. It is mostly Sundays or in some cases, a continuous rest period of 24 hours per week.

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Heard of predictive workload but still unclear of what it is all about? Read this article for a step-by-step breakdown on how FriarTuck leverages AI to construct predictive models for its clients. 

Illustration is a copyright of FriarTuck Pte Ltd

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Tired of poor workforce management in your organization? Good news: you’re not alone. One writer even goes so far as to make the claim that “if you’ve never felt overworked at some time in your career, you probably don’t have a pulse.”

Regardless to how much of poor workforce management we have ever encountered, there is a solution to the problem!

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 “To expect the unexpected shows a thoroughly modern intellect.” – Oscar Wilde. The famous playwright and cultural commentator was quoted making this comment in the late 19th century, at a time where the world was busy dealing with the technological advancements of the first Industrial Revolution.

Today as the era of Industrial Revolution 4.0 sweeps us up, "expect the unexpected" continues to be one of the drivers of modern intellect.

However, despite being a concept that has been around for a long time, many organizations still struggle to realize, leverage, or exploit the benefits of today’s concept of “expect the unexpected” – through the form of predictive workload or predictive analytics.

Besides the obvious benefit of keeping your organization ‘smart’, here are 4 vital benefits of having predictive workload for your organization.

A recent Forbes report revealed that almost half of large and mid-size companies in the United States tapped on a contingent workforce to meet the highs and lows of seasonal demands. A contingent workforce comprises of non-employee or free agent talent, which includes independent contractors, freelancers, consultants and temporary workers.

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When you walk into an ice cream or gelato shop, besides the gust of cold air that greets you, so does the wide array of flavours for you to choose from. There are the all-time favourites of chocolate, vanilla, strawberry, then there are the exotic flavours, coconut, avocado, butter pecan…and the list goes on and on. How does one even choose?

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Although predictive workload involves an extent of the unknown, it is to a large extent about using data to prepare for the unknown and it’s known possibilities. That said, how does knowledge of such forecasted data actually translate into transforming your business? Let’s dive deeper into what predictive workload is all about and why it is essential in optimizing workforces of today.