Plan I: Based on Labor Savings
Posted Oct 25, 2012 at 9:35am
Article
The cost of labor can constitute as much as 50% of production costs in some laboratories, making it a key factor in determining the success of the business. One of the fairest and most effective ways management can reduce labor-to-sales ratios and...
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Rayne Verity
I always get annoyed with articles or posts that say you need an incentive program to boost production and improve quality control and then leave it at that. Thank you for providing the structure for implementation.
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Plan II: Based on Quarterly Net Profits