Some commenters expressed concern that
increased labor costs will be passed along to consumers in the form of higher prices.
Absenteeism contributes to employee turnover,
increased labor costs when replacement workers need to be hired, and to other management and hiring costs.
Not every student at Runkle was eating an ideal diet, but the school's cafeteria lights a way toward marketing school food that is both more healthful and more palatable, using existing resources, whole foods, and trading
increased labor costs for higher sales and lower food costs.
Add up
the increased labor costs, plus all the start - up costs of marketing and merchandising «Morning Max» system wide, it's a wonder he still has the shirt on his back.
That's because most districts do have to spend more to pay for healthier food, since fresher, whole foods generally cost more than highly processed food, whether due to the price of the food itself or
the increased labor costs associated with its preparation.
These expenses, combined with lower yields and
increased labor costs, are often not sufficiently offset by the price premiums paid for organic coffee, which are typically around 20 to 25 percent.
Gold miners have experienced
increased labor costs and taxes, resulting in a higher replacement cost per ounce of gold.
Higher prices because of
increased labor costs and other expenses have led some consumers to turn to more at - home cooking.
Because many companies employing low - wage workers face too much competition to pass
the increased labor cost on to customers, a higher minimum wage would mean lower small business profits or costly investment in labor saving equipment.
The White House has repeatedly called for increasing the minimum wage, a move which would
increase labor costs for many small businesses.
The wage and work rule standards will
increase labor costs — which ultimately will be borne by consumers.
«When you're talking about a $ 10 and $ 15 minimum wage, that has the potential to
increase our labor costs 10 to 20 percent,» says Don Davey, a representative for Firehouse Subs.
Green chile is typically picked and de-stemmed by hand which
increases labor costs.
Historically, Kangfa Food wanted to address some specific issues, such as
increasing labor costs, raw material quality variations and insufficient production capacity.
Yantai Lushun Foodstuff installed a Helius C 640 free - fall sorter in response to rapidly
increasing labor costs and the fact that it was becoming more and more difficult to recruit young people to work as sorters.
«It shows you how far this governor has gone to
increase labor costs on small businesses,» Durant said.
This is a main challenge facing agronomists; to overcome
increased labor cost and strong pollution caused by the application of chemicals in rice cultivation.
Weeds and insects
increase labor costs everywhere.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance,
cost, and revenue under our contracts, including our ability to achieve certain
cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the
cost of accommodating, announced
increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from
labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the
cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates
increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other
cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected
costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The
increase in operating expenses included additional
labor, engine maintenance and fuel
costs.
It will also have to negotiate
increased pressure on
labor costs, with unions having called for a strike on Feb 22 to support demands for a 6 percent pay
increase.
Increasing the number of seats in the fly means higher
labor, fuel and operational
costs, and can spark bitter fare wars.
Good community relations programs give employees a reason to be proud of the company, which
increases loyalty and may help to reduce
labor and production
costs.
A significant decrease in GM % may signal a problem such as
increases in
labor or material
costs or negative price pressure.
The amount you charge per
labor hour, any prices you pass along to customers,
cost increases you assume, the rate of inflation, and how much your competition charges should be numbers you know off the top of your head.
Restaurants are often laggards when it comes to adopting new technology, but rising
labor costs due to higher minimum wage and
labor shortages coupled with food inflation has some looking to solutions that can provide some relief from the
increased pressure on already tight margins.
Any
labor cost increases, especially as we look to build and grow our business, would be crushing,» said Herv Breault, Philly Pretzel Factor franchisee.
«However, the aggregate
increase in
labor cost is lower because classifying team members as employees improves retention and enables us to train them,
increasing their efficiency,» Munchery's VP of operations, Kris Fredrickson told Business Insider in July.
Arnold said this is the last phase of Chipotle's planned price
increase and is a response to rising inflation in food and
labor costs.
-- it will face continued margin pressures «due to higher
labor content in certain areas of manufacturing where we have temporarily dialed back automation, as well as higher material
costs from recently imposed tariffs, commodity price
increases and a weaker US dollar.»
Wage and benefit
increases of 15 to 20 percent per year at the average Chinese factory will slash China's
labor -
cost advantage over low -
cost states in the U.S., from 55 percent today to 39 percent in 2015, when adjusted for the higher productivity of U.S. workers.
As a result, political instability,
labor strikes, natural disasters or other events resulting in the disruption of trade or transportation from other countries or the imposition of additional regulations relating to duties upon imports could cause significant delays or interruptions in the supply of our merchandise or
increase our
costs, either of which could have an adverse effect on our business.
Many firms also need more dough to pay for
increasing labor and transportation
costs.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to,
increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories,
increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input
costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's
cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets;
increased pension,
labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.
Unit
labor costs, the price of
labor per single unit of output, fell at a 1.4 percent rate in the second quarter, rather than
increasing at a 0.5 percent rate as previously reported.
We also have experienced, and may experience in the future, gross margin declines in certain businesses, reflecting the effect of items such as competitive pricing pressures, inventory write - downs and
increases in component and manufacturing
costs resulting from higher
labor and material
costs borne by our manufacturers and suppliers that, as a result of competitive pricing pressures or other factors, we are unable to pass on to our customers.
In addition, a
labor dispute involving some or all of our employees may harm our reputation, disrupt our operations and reduce our revenues, and resolution of disputes may
increase our
costs.
Although none of our employees are currently represented by a
labor union, it is common throughout the automobile industry generally for many employees at automobile companies to belong to a union, which can result in higher employee
costs and
increased risk of work stoppages.
The threat, often referred to as the «utility death spiral,» goes like this: as customers choose to install solar panels or adopt energy efficiency measures, a utility will sell fewer units of energy and has to
increase what it charges for electricity to ensure that it can still cover its fixed
costs, such as grid maintenance and
labor.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories,
increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input
costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its
cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets;
increased pension,
labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to,
increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories,
increase its market share or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input
costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits from the Company's
cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the business and operations of the Company in the expected time frame; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets;
increased pension,
labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; tax law changes or interpretations; and other factors.
These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our business including health care reform,
labor and insurance
costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the restaurant industry; factors impacting our ability to drive sales growth; the impact of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's restaurant operations; a lack of suitable new restaurant locations; higher - than - anticipated
costs to open, close or remodel restaurants;
increased advertising and marketing
costs; a failure to develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and other products; volatility in the market value of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial markets; risk of doing business with franchisees and vendors in foreign markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value of our goodwill or other intangible assets; a failure of our internal controls over financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission.
However, the company declined the drivers» request of being reclassified as full - time employees, avoiding the 30 percent
increase in
labor costs that comes with the reclassification.
From a year earlier, unit
labor costs are up 1.9 % — running ahead of the
increase in consumer prices.
Robots are increasingly being used in workplaces to
increase productivity and to reduce
labor costs.
Costs in South Florida
increased 1.3 percent in August from a year ago, while the national rate inched up only 0.2 percent, according to the latest data from the U.S Bureau of
Labor Statistics..
The House Republicans rightly point out that the proposed
increase in low - skill immigration will
increase the
labor market competition facing a group that already has an unemployment rate of over 10 % in order to reduce the
labor costs of employers.
These pressures show no signs of relenting as dealers contemplate price
increases to offset a variety of business factors, including
increased freight and
labor costs and higher prices from factories.
By automating its tomato processing lines with TOMRA's NFM field sorting machines, Serkka Farms was able to
increase its output enormously and watch
labor cost drop dramatically.
The preliminary results indicate that the no - till, low - input system can be
cost effective, reduce
labor, and
increase long - term profitability and sustainability.