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February 12, 2016 2:51 AM ET

Internet Software and Services

Company Overview of Kronos Incorporated

Company Overview

Kronos Incorporated provides cloud-based workforce management solution for businesses in the United States and internationally. It offers time and attendance, scheduling, absence management, human resource and payroll, hiring, and labor analytics solutions. The company’s solutions are used for controlling labor costs, minimizing compliance risk, and improving the workforce productivity. In addition, it offers implementation, cloud readiness, upgrade, advanced testing, advisory, and reporting and analytic services; a range of training and information services, including instructor-led training, eLearning, and user assessment and user adoption services; and strategic enterprise deployment asse...

297 Billerica Road

Chelmsford, MA 01824

United States

Founded in 1977

3,400 Employees

Phone:

978-250-9800

Fax:

978-367-5900

Key Executives for Kronos Incorporated

Chief Executive Officer and Director
Age: 57
Founder and Director
Age: 72
Chief Financial Officer
Age: 51
Chief Services Officer and Senior Vice President of Operations
Age: 45
Vice President and General Counsel
Compensation as of Fiscal Year 2015.

Kronos Incorporated Key Developments

Kronos Incorporated Announces Earnings Results for the First Quarter of 2016

Kronos Incorporated announced earnings results for the first quarter of 2016. The company recognized revenue for the quarter increased to $273.2 million. Earnings before interest, tax, depreciation, and amortization (EBITDA) was $77.6 million.

Swarovski Deploys Kronos Workforce Central Suite of Workforce Management Solutions

Kronos Incorporated announced that Swarovski has deployed the Kronos Workforce Central suite of workforce management solutions in locations across Europe and the U.S. Using Kronos solutions, Swarovski has significantly reduced turnover through improved employee engagement, driving higher levels of store productivity. With more than 30,000 employees across 2,560+ owned and partner-managed stores, Swarovski deployed Kronos time and attendance and optimized scheduling solutions to streamline and automate key processes for consistency in workforce management across global locations. Kronos also helps ensure consistency in policy applications across multiple locations while managing complex, global pay rules. This way employees experience more equitable work hours and schedules, regardless of where they are located, and Swarovski achieves improved compliance with labor laws, which vary by countries and regions.

ADP(r) and Kronos Incorporated Sign Multi-Year Relationship

ADP(r) and Kronos Incorporated have signed a multi-year relationship. The contract will see ADP combine the strengths of its payroll solutions and HCM domain expertise with the Kronos Workforce Ready(r) suite, which helps organizations make more informed business decisions with single-source access to workforce data in the cloud. The new solution will see ADP's payroll solutions integrate with the Kronos Workforce Ready applications to provide SMEs with enterprise-class technology that improves productivity, controls labor costs, and minimizes compliance risk by automating labor-intensive processes. SMEs will benefit from the combined knowledge and process expertise of both organizations to achieve fast, efficient project implementation, enabling quicker time to value and return on investment.

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