labor-cost 
Homebase
JUNE 15, 2023
Next to skyrocketing food costs, labor is the biggest expense for restaurants each year. And as minimum wage creeps higher and higher, it has us wondering: how to reduce labor costs in a restaurant. What are labor costs? There are two ways to calculate labor in a restaurant.
Homebase
JUNE 9, 2023
As your small business grows, it’s important to keep a close eye on labor costs. That’s why reducing labor costs and streamlining processes is the best way to give your business stability and help you work towards your goals. Not sure how to reduce your labor costs? We’re here to help!
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ClearCompany HRM
FEBRUARY 27, 2024
Construction companies are in the midst of a labor shortage that isn’t letting up. Solid strategies for construction workforce planning and management can help you navigate the labor shortage and operate as efficiently as possible. That enables your company to maximize productivity, keep costs down, and improve project outcomes.
Homebase
JUNE 8, 2020
There are many costs to consider when running a small business. From materials to advertising to payment processing to inventory, these costs can all add up. But one of the most important costs to keep a close eye on is your labor costs. Plus these costs are rising. Get started for free today!
Advertiser: Paycor
Master recruiting, control skyrocketing labor costs, and reduce turnover rates. Get insights into key metrics like Time-to-Fill, Cost-per-Hire, and Turnover Rate. Discover the power of HR metrics. Equip your business for success in 2024.
Homebase
MAY 28, 2020
And while it’s exciting to be able to bring your staff back to work , you’ll need to know how to manage labor costs responsibly to avoid any future layoffs. . It’s no secret that annual payroll costs are the majority of a business owner’s expenses—and costs are only rising. Know your true labor cost .
Paycor
AUGUST 4, 2020
They’re also wisely allocating labor costs to the projects and shifts that will maximize efficiency. Labor costs are the largest item on your balance sheet, so an effective cost-reduction plan should balance resources and cost control. But how does that idea gel with cutting costs?
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In today's tight labor market, hiring and retaining top talent is more challenging than ever. There are multiple direct and indirect costs, and it's crucial to adapt your recruiting strategies to prioritize the most costly open roles. Every day a job remains unfilled means lost productivity and revenue.
Speaker: Jaye Johnson, CBP - Employee Benefits and Total Rewards Leader, World at Work Content Author, and Speaker
Employers are now trying to maintain or lower the cost of benefits while competing for talent in a competitive and tight labor market, but the rising costs of consumer goods and healthcare make it extremely difficult to consider increasing their benefit offerings.
Advertiser: G-P
Tapping into the global talent pool ensures companies have access to highly specialized professionals while mitigating costs. This involves a deep understanding of local labor laws and contingencies for avoiding common pitfalls. However, companies must be prepared to maintain compliance with in-country legislation.
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The landscape of HR is shifting from everyday HR functions to strategic HR initiatives like recruiting, people & labor cost management and more. To gauge the present and future of HR, Paycor interviewed more than 500 leaders of medium and small businesses.
Speaker: Cynthia Hoyt, Regional Sales Director, Southland Data Processing
Significant burdens stem from constant cost pressures eating away at limited revenues. While employees are a company’s most important resource, they are also its largest cost. In addition, the ever increasing stream of regulations and labor laws create tremendous compliance challenges.
Speaker: John Frehse, Senior Managing Director, Ankura
Labor is probably your number one CONTROLLABLE cost. Talented employees are also a scarce resource. How is it that financial capital is plentiful but carefully managed, and great employees are scarce and poorly managed? The answer lies in the relationship between your CHRO and your CFO.
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Artificial intelligence (AI) and machine learning (ML) technologies are rapidly changing the way many recruit and hire talent. Read Dice's first-ever Recruitment Automation Report to discover how you can employ new, cutting-edge technologies to source and hire tech talent faster.
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