How to Reduce Labor Costs in Your Business

3556
Wilfred Poole
How to Reduce Labor Costs in Your Business

Six Strategies for Reducing Labor Costs

  1. Combine vacation and sick leave in one paid-time-off bucket. ...
  2. Automate your time and payroll system to pay employees accurately. ...
  3. Eliminate 'buddy punching. ...
  4. Use overtime strategically. ...
  5. Put answers to employees' administrative questions online for self-service.


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