"Labor costs" refers to the expenses incurred by a business or organization in paying wages or salaries to its employees for their work or services.
Full definition
Our local businesses have repeatedly argued that they opposed the increase not out of greed, but simply because they are not positioned to absorb high increases
in labor costs.
Lower labor costs while improving brand reputation and creating a happier, more engaged workforce.
By
reducing labor costs with volunteers, more money will actually be spent on the food served to the children.
Using a third party servicer also helps lenders cut down on
labor costs for tracking repayments.
• Successfully controlled
labor costs by reducing employee payroll by 5.1 % and maintained an increase in same store sales of 5.2 % per annual average for four consecutive years.
Higher prices because of
increased labor costs and other expenses have led some consumers to turn to more at - home cooking.
Monitor and effectively
control labor costs while consistently maintaining adequate staffing levels.
Even
with labor costs included, «The price was comparable and the quality was better,» she said.
Consumer demand remains weak, forcing many businesses to
cut labor costs and raise prices in an effort to remain profitable.
Save labor costs through more efficient handling, preparation, and storage of food that will actually be used.
Current government standards for the school nutrition program allow for around $ 1.25 per meal,
including labor costs for both the paying and free customers.
Much of that economic output is a result of American and European companies shifting manufacturing to places
where labor costs are lower.
They
keep labor costs low by hiring in emerging markets with lower standards of living.
Lastly, the system provides projection of future
labor cost per project code.
«As
labor costs go up, we have value - added products that are being sold or custom cut in response to that,» he adds.
Employers can relax in the knowledge that they are adhering to overtime rules and efficiently
managing labor costs.
The researchers did not spell out how
labor cost savings might translate into potential number of jobs lost to automation.
Most people would not be able to perform either of these replacements at home,
so labor costs will bring up the price somewhat.
But online schools have negligible building costs and
cheaper labor costs, partly because they pay teachers low wages, records and interviews show.
Today whole industries are scattered across the globe as capital seeks the most efficient balance
between labor costs, transportation, and quality.
We've arranged to produce more knowledge workers than we can employ, creating a labor - excess economy that keeps
labor costs down and productivity high.
The three top three ranked ones reduce
labor cost via delegation to lower cost resources.
The move could save taxpayers millions of dollars a year in
annual labor costs but also will reduce the size of an already depleted workforce.
These studies often include geographic cost differences,
labor cost differences and analysis of geographic isolation, among other factors.
The cost to grow and serve more students differs as well, with facility, transportation, and
local labor costs varying greatly across our 31 communities.
On the issue of food
vs. labor costs, definitely check out this post if you have time and let me know what you think.
Outside counsel will need answers, and you can have a direct effect on attorney billable hours and your
own labor costs by having those answers when they are requested.
In addition, lower real wages and
declining labor costs are making the country more attractive for foreign business when measured against regional Latin American peers.
Price also depends on a modular home's design complexity, as it does with any home, as well as
area labor costs and site work.
However, a flagship, expensive sports car with flat sales and rising manufacturing
labor costs during a recession?
Professional cost accountant with several years of experience in accounting tasks such as maintaining inventory, calculating liability,
budgeting labor costs, and developing holistic budgets.
Phrases with «labor costs»