Glossary

What is Labor Cost?

The total expense associated with employing workers, including wages, overtime, benefits, and related costs.

Understanding Labor Cost

Labor is typically one of the largest controllable expenses for shift-based businesses. Effective scheduling directly impacts labor costs by minimizing unnecessary overtime, avoiding overstaffing, and ensuring efficient coverage. Understanding the labor cost implications of scheduling decisions is essential for budget management.

How ShiftAssignment Helps with Labor Cost

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