Fundamentals and Practices in labour Cost Management

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Fundamentals and Practices in labour Cost Management

$50 | Created by Manish Gupta | Last Updated 3/2019

Duration: 2 hours | Video: h264, 1280x720 | Audio: AAC, 48 KHz, 2 Ch | 984 MB

Genre: eLearning | Language: English + Sub | 10 Lectures

 

How to understand, monitoring and maximize labor cost and Productivity in hospitality industry

 

What you'll learn

Fundamentals of Labour cost

Understand Labour Productivity

What Affects Labour Cost & Productivity

How to Plan and Control Manning & Cost

 

Requirements

Basic Understanding of Hospitality

Some understanding of HR & Finance

 

Description

Labor cost is usually the biggest cost in hotel industry. Management of Labour cost is also not the easiest and usually a long term strategy. Cost Containment measure in short term involving labour are usually not received well.

 

In this course we will go through some fundamental concepts of planning & monitoring labour cost keeping in view long term prospective.

 

Course is structured into

 

1. Fundamental concepts

 

2. Factors that affect labour cost and hence need deliberate planning

 

3. Control process and framework

 

4. Monitoring Process

 

Videos were recorded live during our workshop in Yangon. Participant's voice may not be heard clearly. I would be happy to know if i missed any specific topic.

 

Who this course is for:

Human Resource Managers

Finance Managers

Hotel Operation Managers

 

 

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