Labor price variance, or direct labor rate variance, measures the difference between the budgeted hourly rate and the actual rate you pay direct labor workers who directly manufacture your products.
The 2025 Hotel Labor Costs & Trends report was released on HotelData.com by Actabl, revealing how U.S. hotels have tightened labor models throughout the year to offset rising wages, higher operating ...
Labor is your most significant controllable cost—but leveraging labor as a growth driver is more complex than ever. Enter labor forecasting 2.0: an AI-driven approach that helps multi-location units ...
Effective labor management in manufacturing and distribution hinges on understanding and measuring workforce efficiency to drive productivity and profitability. There are many key metrics, analytical ...
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Legion, the pioneer in AI-powered workforce management, today announced the launch of four new modules in the Legion WFM platform: Legion Labor Budgeting, Legion ...
A new study shows how much the size of a farming operation affects labor needs. For crop farms, the number of labor hours per acre drops significantly the bigger the operation is, according to the ...
For every small business, efficiency matters. Getting more – more units produced, more sales, more revenue – for less – less waste, less labor, less cost – is every business leader's dream. However, ...
Branka Minic has spent her career studying and working to solve chronic imbalances that affect industries across the economy. Whether in technology, manufacturing, or homebuilding, the equation is ...
The landscape of public works construction is an arena of intricate challenges. It demands a delicate calibration between economic efficiency, adherence to stringent schedules, and the unwavering ...
Following the COVID-19 pandemic, Korea’s unemployment rate has remained significantly lower than pre-pandemic levels. This paper examines the dynamics of unemployment through a framework of labor ...
ATLANTA, Dec. 12, 2025 /PRNewswire/ -- Today, the 2025 Hotel Labor Costs & Trends report was released on HotelData.com by Actabl, revealing how U.S. hotels have tightened labor models throughout the ...