Sentences with phrase «labour cost of»

Also the increasing labour cost of about 10 - 15 percent has led a 15 - 20 percent rise in the premium.
Ed Miliband has at least taken advice and given the correct answer to the strike we do not like strikes and we think they should get around the table but we do understand why people are striking, they are striking because they are agreeing with labour the cost of living crises is attacking the low paid and the professional teachers and nurses.
«Under Labour the cost of motoring has actually fallen, while the cost of using the trains has gone through the roof,» Mr Baker said.
Also, he had no way of calculating the price of the research to companies, so used labour costs of people engaged in R&D instead.
Think of the variable labour costs of a tech company.
Kit or DIY conservatories are initially less expensive but the labour costs of preparing the site and carrying out the installation work should be factored into the equation.

Not exact matches

A superficial analysis might point to Canadian government investment incentives and labour costs, relative to those in parts of the U.S. and in certain emerging economies.
STAFF turnover is costing Western Australian companies billions of dollars and needs to be addressed to combat labour shortages and improve productivity.
Their costs for capital, labour, land, energy and other resources are subsidized such that they generate huge retained earnings, much of which is being reinvested in foreign real assets like Canada's oilpatch, says U of T's Dobson.
That brings us to gross margins — a measure of the difference between revenue and the cost of goods sold, such as labour and materials.
Most of the experiments endeavour to reduce insect farming's most expensive input, human labour, which accounts for a stunningly high 60 % of costs (in the heavily mechanized cattle farming industry, by comparison, it's rare for labour costs to reach even half of that).
Such factors include, among others, general business, economic, competitive, political and social uncertainties; the actual results of current and future exploration activities; the actual results of reclamation activities; conclusions of economic evaluations; meeting various expected cost estimates; changes in project parameters and / or economic assessments as plans continue to be refined; future prices of metals; possible variations of mineral grade or recovery rates; the risk that actual costs may exceed estimated costs; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; political instability; delays in obtaining governmental approvals or financing or in the completion of development or construction activities, as well as those factors discussed in the section entitled «Risk Factors» in the Company's Annual Information Form for the year ended December 31, 2017 dated March 15, 2018.
«There's been a lot of labour challenges, some presenting scarcity issues that have caused wage escalation and cost escalation,» says Hemmingsen.
The airlines» unions agreed to combined cuts to compensation totalling close to $ 1.1 billion, or roughly 37 % of Air Canada's total labour costs.
That means $ 75 profit, which leaves $ 675 for various costs — including the cost of food, labour, alcohol, site maintenance, and so on.
«When you change your trading relationship and population movements with the world, it has to change everything from the cost and supply of labour, the cost of good (exchange rate), the availability of market access (in and out), government finances (fiscal policy) or as we know very well monetary policy.
As a condition of receiving taxpayer - funded bailouts, governments ordered GM, Chrysler and their unions to bring labour costs in line with Toyota, Honda and Nissan.
We then use that to build out two additional scenarios: one assuming a doubling of the current minimum wage plus factoring in the cost of fire and building safety improvements based on data from the Worker Rights Consortium; and another using a «living wage» figure from the East Asia labour organization Asia Floor Wage, which is considered at the high end of labour reform demands.
Fuelled by a low peso and cheap labour costs, Mexico's booming manufacturing industry has already overtaken Canada's in terms of the dollar value of exports to the U.S. Indeed, Canada is contending with more than just low oil prices.
No dollar figure has been attached to the costs that will be borne by the brands, but according to labour advocacy groups they will be apportioned based on the amount of business each does in Bangladesh.
Mexico's labour costs are cheaper, and the quality of goods produced in the country has improved.
Perhaps most important, an increased focus on innovation could also counter the relatively high cost of Canadian labour and the impact of the more valuable dollar on export levels.
According to one of his drinking buddies from the financial sector: «Any measure enacted by fiat that prevents the free exchange of goods, labour and capital seeking economic gain is done at the cost of efficiency.
Total tax revenue, % of GDP Taxes on income and profits, % of GDP Taxes on goods and services, % of GDP Taxes on average worker, % of Labour Cost Government gross financial liabilities as a % of GDP
Another area is the cost of labour.
Some mountains are trimming the cost of labour, and cutting peripheral services that do not generate adequate returns.
Earlier this summer, the premiers of Alberta, British Columbia and Saskatchewan encouraged the other provinces to follow their lead in breaking down provincial barriers to trade in goods and labour, barriers that impose real costs on the economy.
If you don't pay special attention to that labour component, you may not reap the full benefit of lower production costs.
With the cost of fuel rising, and the cost of labour rising in China as well, not everything made in China is that cheap anymore.
«If (German Finance Minister Wolfgang) Schaueble's dogma for a multi-speed Europe and economic zones of low - cost labour is not abandoned, Europe will be brought to the brink of dissolution,» Tsipras was quoted by Realnews as saying.
To add to the uncertainty, Prime Minister Theresa May's handling of the negotiations could cost her her job — she could be replaced by a more «hardline» Tory leader or the Labour Party's leader, Jeremy Corbyn.
But that doesn't amount to much if labour costs are less than 13 % of total costs, which Brodd and Helou say is the case for lithium battery manufacturers in the U.S.
Add in all the perks of producing at home — such as eliminating exchange rate uncertainty, lower chances of supply chain disruptions, a more plentiful supply of qualified labour and the synergies that develop when the R&D guys can easily chat with factory floor employees — and the overall costs of building a new factory in the U.S. or China are roughly equal.
Food is a restaurant's most expensive cost after labour, said Rilett, who anticipates another bump in prices when the minimum wage impact ripples into the price of food as farmers, processors and others also face increased costs.
In recent years, the country's largest carrier has been hamstrung by high costs, in large part because of its labour agreements.
But after a series of difficult labour negotiations under CEO Calin Rovinescu, Air Canada finally obtained the concessions it needed last year to hire new employees at reduced pay for a low - cost carrier to target the vacation market.
The wide majority agree some Canadian firms take advantage of the temporary foreign worker program to reduce labour costs (70 %).
A commodities boom has driven the Canadian dollar from a 62 cents US low up to parity, vaporizing any labour cost advantage we previously enjoyed over the U.S. and changing the structure of the economy; at the margin, a Canadian worker adds far more to our economy by extracting resources than by building cars.
Rheault notes that the logistical advantages of interior China outweigh labour costs that are now higher than those of upstart neighbours like Cambodia or Bangladesh.
Some of these occupations are getting shipped overseas due to cheaper labour costs, while others are becoming obsolete with the passage of time.
Their commitment to domestic manufacturing is more than feel - good philosophy — the company's wares are big and bulky (read: expensive to ship), and, since 95 % of its business is in North America, the reduced logistics expenses of local production offset any premiums on labour costs.
Since more than half of the 2012 — 13 season was salvaged, the labour mess will ultimately cost Canada less than $ 900 million, according to a BMO Capital Markets report.
Federally, it is not illegal for an employer to pass on the cost of training, says University of Toronto labour relations expert Dr. Laurel MacDowell.
Employment growth has been firm, yet both wages and unit labour costs have risen only slowly, supporting the view that the amount of excess capacity could be greater than the midpoint of the range of estimates.
The impact of mortgage interest rates can be further assessed by Figure 3, which measures the evolution of the mortgage to cash cost ratio of purchasing a residential property in terms of labour time.
Whatever is the current cause of the rise of prices in the housing market, when computed as the mortgage cost in labour time in terms of the average weekly salary, residential properties, with the exception of the 1988 - 1991 period, are now clearly less affordable for middle - class Canadians than they were for the last five decades.
In a fair world, one would expect the cash cost and the mortgage cost in terms of weeks of labour time to be the same and hence the ratio described in Figure 3 to be equal to unity.
Just as it was in the case of the cash cost of a residential property, this represents twice as many weeks of labour time needed to finance a mortgage as compared to the early 1970s.
The figure shows clearly that the cash cost of a residential property in terms of weeks of labour time remained roughly constant all the way from 1970 to 1986, at which point housing prices in Canada (and in particular in the Toronto area) rose drastically during the next three years.
Thus a fair mortgage rate is such that the cash cost and the mortgage cost of purchasing a house is the same in terms of weeks of labour time.
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