Fundamentals and Practices in labour Cost Management

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$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
Screenshots

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