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    Causes of Variances

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    Charisma Charles
    Labour variances can occur due to several factors including: inefficient work processes, inaccurate labour standards, unauthorized overtime, absenteeism, and training new employees. Controlling labour costs requires identifying sources of variances, establishing standards, monitoring performance against the standards, and taking corrective actions where needed. Addressing the root causes of variances helps reduce costs and improve productivity over time.

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    Causes of Variances

    Uploaded by

    Charisma Charles
    8 views6 pages
    Labour variances can occur due to several factors including: inefficient work processes, inaccurate labour standards, unauthorized overtime, absenteeism, and training new employees. Controlling labour costs requires identifying sources of variances, establishing standards, monitoring performance against the standards, and taking corrective actions where needed. Addressing the root causes of variances helps reduce costs and improve productivity over time.

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    Labour variances can occur due to several factors including: inefficient work processes, inaccurate labour standards, unauthorized overtime, absenteeism, and training new employees. Controlling labour costs requires identifying sources of variances, establishing standards, monitoring performance against the standards, and taking corrective actions where needed. Addressing the root causes of variances helps reduce costs and improve productivity over time.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    8 views6 pages

    Causes of Variances

    Uploaded by

    Charisma Charles
    Labour variances can occur due to several factors including: inefficient work processes, inaccurate labour standards, unauthorized overtime, absenteeism, and training new employees. Controlling labour costs requires identifying sources of variances, establishing standards, monitoring performance against the standards, and taking corrective actions where needed. Addressing the root causes of variances helps reduce costs and improve productivity over time.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
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    Causes of Labour Variances

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