Productivity to Control Labor Costs by David Pavesic‚ Ph. D.‚ FMP You have two major “cost centers” at your restaurant. One is food and beverage. The other is labor. Which one do you think is most problematic? If you said labor‚ either you’ve been running a restaurant for at least a few months‚ or you have some genuine insight into the challenges of running a restaurant. Labor issues are still the No. 1 concern of most restaurant owners and managers. Food and beverage costs are held in check
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and companies must take actions to prepare for these changes to be able to survive with the increasing liabilities caused by older employees. Companies must also scrutinize their marketing strategies‚ so that they will be ready for the new powerful consumer generation‚ the seniors. The changing demographics will have a major impact on the consumption patterns as the world`s population ages. For example‚ the age cohort people older than 65 will double to 1 billion over the next 20 years (United Nations
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transforming labor into a more flexible (and variable) cost. Among such companies are Hewlett-Packard‚ General Electric‚ DuPont‚ Sun Microsystems‚ and British Airways. Discuss whether direct labor is a fixed or a variable cost. What are the pros and cons of management treating direct labor as a variable cost? Are there ethical issues to be considered here? Direct labor can be classified as a fixed cost or a variable cost‚ depending on how flexible the employer needs to be/can be with the labor force
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PLEA BARGAINING The former Chairman‚ Local Government Election Petition Tribunal in Oyo State‚ Justice Waheed Olaifa (rtd)‚ has described plea-bargaining as a bad compromise which is eroding the integrity of the judiciary and deepening the culture of corruption in the country. Olaifa who spoke with journalists shortly after he bowed out of the bench‚ noted that plea-bargaining was a strange element in the Nigerian legal system. He said: “Plea bargaining is not in our own law. Instead of allowing
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INDU–1050 Employee Relations & Reward Coursework 2 Causes and Consequences of Minimum Wage on the Labor March 12‚ 2013 Word count: 2‚514 Table of contents Title Page Introduction 3 Definition and Causes of minimum wage in Hong Kong 3
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Kids having kids---Economic costs and social consequences of Teen pregnancy Introduction It is commonly known that the economic base determines the superstructure. Furthermore‚ as the economy developing‚ people’s behaviors are changing frequently. Moreover‚ the teenage group‚ which is a significant and energetic group in society‚ is playing an important role in future development. However‚ our teens have to face many situations they might not have encountered in the past but are more likely confront
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Don’t we all want longer summer vacation? Well‚ research shows that in order to increase student success at Anaheim Schools we should have longer school days extending the time in subjects that are more important. For example in the story “Marita’s Bargain” Gladwell argues that we should not have long breaks since we do not live the same lifestyle as before and have more time in our hands to focus on school‚“ what that extra time does is allow for a more relaxed atmosphere”(10). His research shows
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The Monopolies and Restrictive Trade Practices Act‚ 1969‚ aims to prevent concentration of economic power to the common detriment‚ provide for control of monopolies and probation of monopolistic‚ restrictive and unfair tradepractice‚ and protect consumer interest. Monopolistic trade practice is that which represents abuse of market power in the production and marketing of goods and services by eliminating potential competitors from market and taking advantage of the control over the market
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Submitted by Apple Joy Dalumpines Case Analysis on Unfair Labor Practice I. An Analysis of the Law Different Provision a. Their Overall Objectives The Philippine Labor Law overall objective is to promote the well being and economic security of the workers. The State shall afford protection to labor‚ promote full employment‚ ensure equal work opportunities regardless of sex‚ race or creed and regulate the relations between worker and employers. In 1987 Constitution‚ the prime duty of the
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PHILIPPINE AIRLINES‚ INC.‚ respondent. July 16‚ 2012 Doctrine: The Court ruled that both Article 287 and PAL’s retirement plans are alternative in nature and the retired pilot only is entitled to which have the superior benefits. Article 287 of the Labor Code is applicable only to a situation where: there is no CBA or other applicable employment contract providing for retirement benefits for an employee‚ or if there is a CBA or other applicable employment contract providing for retirement benefits
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