labour cost

Examples (10)

• The company is looking for ways to reduce its high labour costs.
• Rising labour costs are squeezing the profit margins of many small businesses.
• The decision to move manufacturing overseas was driven by lower labour costs.
• We need an accurate estimate of the total labour cost before we can approve the project.
• In our industry, labour cost accounts for nearly 40% of total expenditure.
• Automation significantly lowered the labour costs associated with the assembly line.
• The new union agreement will inevitably increase the company's overall labour costs.
• If we cannot control our labour costs, we will not remain competitive in the market.
• A detailed analysis of labour cost is essential for strategic financial planning.
• The increase in the minimum wage had a direct impact on labour costs for retailers.