Rethinking Labour Costs: Increasing Profits and Productivity

Labour challenges are a major source of stress and concern for many business owners and managers. It is one of the few overlapping problems that is shared by the private, public, and nonprofit sectors. However, when labour problems arise, it is not only the mental burden that it puts on leaders, labour problems have a lot of hidden costs that can really add up and have a major impact on an organization’s bottom line.