-
When employees work overtime, you are obliged to pay them time-and-a-half. That sounds expensive, but OT hours don't really cost 50% more than regular hours. In fact, under normal circumstances, overtime costs about the same as straight time.
-
Any amount of slippage, if consistent, will quietly and effectively kill your year. Some slippage is just bad luck, but here are eight causes that you can control.
-
When remodelers fall short of planned margins, it's usually caused by labor overages. Some of the problem can be traced to things like having to replace work that wasn't done right the first time, or employees who take 45 minutes for a 30-minute lunch. But underestimating the cost of labor is the...
-
The following is excerpted from Alan Hanbury's 1992 seminar "15 Guaranteed Ways to Cut Your Overhead by 15%." At House of Hanbury, we're careful with our computer payroll and job costing to charge the company owner's direct job time and supervision to the job as direct labor.