Sentences with phrase «labor costs»

"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.
But a small business needs to keep labor costs as low as possible.
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.
The direct labor costs share one of the largest fractions in the overall cost.
Today whole industries are scattered across the globe as capital seeks the most efficient balance between labor costs, transportation, and quality.
Traveler advocates are angry but airlines say labor costs are up.
Sure, we made the material budget, but the additional labor costs had to be discussed on the back end.
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.
Usually, labor costs don't count toward tax - credit eligibility.
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.
That's on top of rising mortgage rates and construction labor costs.
The cost to grow and serve more students differs as well, with facility, transportation, and local labor costs varying greatly across our 31 communities.
• Knowledge of food and labor cost analysis and how to use the information to meet cost goals.
You don't start out with labor costs other than yourself.
Low labor costs provide an absolute advantage to some countries.
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.
Both the cost of materials and regional labor costs are taken into consideration for this.
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.
When top management does not own stock, labor costs also get out of hand.
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