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In order to reduce their labor costs, what might a company do?

2 Answers

5 votes

Tips to Lower Direct Labor Costs

Review Levels of Compensation. ...

Reduce Employee Turnover. ...

Cross-Train Employees. ...

Trade Time Off for Payroll Expense. ...

Share Jobs Between Employees. ...

Convert Fixed Salaries and Wages Into Commissions or Fees. ...

Reduce Perquisites (“Perqs”) ...

Eliminate Redundancy Between Departments.

answered
User Joseph Knight
by
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Answer:

Outsource jobs to another country (sweatshops)

Step-by-step explanation:

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answered
User Martin Cassidy
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7.6k points

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