Fundamentals and Practices in labour Cost Management
- 3.9
Brief Introduction
how to understand, monitoring and maximize labor cost and Productivity in hospitality industryDescription
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.
Requirements
- Requirements
- Basic Understanding of Hospitality
- Some understanding of HR & Finance