This lesson includes
- Closed captions & dubbing
- Downloadable resources
- Mobile app (iOS & Android)
Managing labor
Did you know that labor cost is the largest single cost item that most hospitality businesses will incur? In this lesson, Al Amin will explain how you can...
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This lesson includes
- Closed captions & dubbing
- Downloadable resources
- Mobile app (iOS & Android)
Lesson details
Did you know that labor cost is the largest single cost item that most hospitality businesses will incur? In this lesson, Al Amin will explain how you can calculate labor costs percentage and productivity, and how to interpret your labor data.
What you'll learn in the Managing labor lesson
- Two influences to help manage your labor cost
- How to calculate labor cost percentage
- How to calculate labor productivity
- How to apply strategies to influence and manage labor to meet budget
Instructor
Al Amin, a Certified Chartered Accountant (CA) and seasoned finance professional, brings over 14 years of rich experience in the hospitality industry to his role as Director of Finance at W Sydney. His career spans operational and financial roles...
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