Labor Cost Distribution in Higher Education

In Higher Education, grants and endowments sponsor the labor cost and utilization. It is common place to have employees reside in a domicile cost center and get utilized fully or partially across other cost centers. The case study will showcase how an academic pillar of a health care business uses the concept of employee distributions in its labor cost modeling to employees from home or domicile cost center to cost centers where they are utilized or where the labor cost expenses are accrued. In a live demo, we will show how a domicile employee is distributed across many cost centers. The expenses for the employee are only accrued if the employee is distributed out. Open hires or open positions management with distribution will be another feature that will be demonstrated. The open hires will follow the same methodology of the position being in the domicile department and then undergoing distributions. Such labor cost modeling needs are also seen in public sector planning which should pique interest of public sector planning audience. Another takeaway from the session will be understandings and insights into how groovy business rules can work with smart lists and data maps for incremental clears and pushes in an EPM Cloud planning application. Recorded on March 19th, 2021
Presented by Vatsal Gaonkar https://www.youtube.com/watch?v=NnGfWcrE5HQ