cost of labor used

简明释义

人工费

英英释义

The total expenses incurred for the workforce involved in producing goods or services during a specific period.

在特定时期内,为生产商品或提供服务而产生的劳动力总费用。

例句

1.To improve efficiency, we need to reduce the cost of labor used in our production line.

为了提高效率,我们需要降低生产线上的劳动力成本

2.Understanding the cost of labor used helps in making better financial decisions.

了解劳动力成本有助于做出更好的财务决策。

3.During the budget meeting, the accountant presented the cost of labor used for the last quarter.

在预算会议上,会计师展示了上一季度的劳动力成本

4.The manager calculated the cost of labor used to assess the project's profitability.

经理计算了劳动力成本以评估项目的盈利能力。

5.The cost of labor used is a critical factor in determining the overall project cost.

在确定整体项目成本时,劳动力成本是一个关键因素。

作文

The term cost of labor used refers to the total expenses incurred by a company in relation to the workforce involved in producing goods or services. Understanding this concept is crucial for businesses as it directly affects profitability and operational efficiency. In today's competitive market, companies must manage their resources wisely, and labor costs are a significant part of that equation. By effectively analyzing the cost of labor used, businesses can identify areas for improvement and make informed decisions about hiring, training, and compensation.To illustrate the importance of understanding the cost of labor used, consider a manufacturing company that produces furniture. The management team needs to calculate how much they are spending on labor to ensure that their pricing strategy covers these costs while still allowing for a profit margin. This involves not only wages but also benefits, overtime pay, and other related expenses. If the cost of labor used is too high, the company may need to explore options such as optimizing production processes, investing in automation, or even renegotiating contracts with suppliers.Moreover, the cost of labor used can vary significantly depending on the industry and the specific roles within a company. For instance, skilled labor tends to be more expensive than unskilled labor due to the specialized training and expertise required. Therefore, businesses must take into account the nature of the work being performed when calculating their overall labor costs. This can lead to strategic decisions about whether to hire full-time employees, part-time workers, or freelancers, each of which has different implications for the cost of labor used.In addition to internal factors, external economic conditions can also influence the cost of labor used. For example, during periods of low unemployment, companies may face increased competition for skilled workers, driving up wages. Conversely, during economic downturns, labor costs may decrease as more individuals seek employment. Companies must stay attuned to these market trends to adjust their labor strategies accordingly.Furthermore, effective management of the cost of labor used can enhance employee satisfaction and retention. When workers feel that they are compensated fairly and provided with adequate benefits, they are more likely to remain with the company and contribute positively to its success. High turnover rates can significantly increase the cost of labor used as companies spend time and resources on recruitment and training new employees.In conclusion, the cost of labor used is a vital component of any business's financial health. By comprehensively understanding and managing these costs, companies can improve their profitability, streamline operations, and create a more satisfied workforce. As the business landscape continues to evolve, those who can effectively analyze and adapt their labor strategies will be better positioned to succeed in the long run.

“劳动力成本”这一术语指的是公司在生产商品或提供服务过程中,因劳动力而产生的总开支。理解这一概念对企业至关重要,因为它直接影响到盈利能力和运营效率。在当今竞争激烈的市场中,公司必须明智地管理资源,而劳动力成本是其中一个重要部分。通过有效分析劳动力成本,企业可以识别改进领域并做出有关招聘、培训和薪酬的明智决策。为了说明理解劳动力成本的重要性,考虑一家生产家具的制造公司。管理团队需要计算他们在劳动力上的支出,以确保定价策略覆盖这些成本,同时仍能实现利润率。这不仅涉及工资,还包括福利、加班费和其他相关费用。如果劳动力成本过高,公司可能需要探索优化生产流程、投资自动化或甚至重新谈判与供应商的合同等选项。此外,劳动力成本可能因行业和公司内具体角色的不同而显著变化。例如,技能劳动由于需要专业培训和专业知识,往往比非技能劳动更昂贵。因此,企业在计算整体劳动力成本时,必须考虑工作的性质。这可能会导致关于是否雇用全职员工、兼职工人或自由职业者的战略决策,每种选择对劳动力成本都有不同的影响。除了内部因素外,外部经济条件也会影响劳动力成本。例如,在低失业率期间,公司可能面临对熟练工人的竞争加剧,从而推高工资。相反,在经济衰退期间,随着更多人寻求就业,劳动力成本可能下降。公司必须关注这些市场趋势,以便相应调整其劳动力战略。此外,有效管理劳动力成本可以提高员工满意度和留任率。当员工感到自己得到公平补偿并享有足够的福利时,他们更有可能留在公司并积极为公司的成功做出贡献。高流失率可能会显著增加劳动力成本,因为公司需要在招聘和培训新员工上花费时间和资源。总之,劳动力成本是任何企业财务健康的重要组成部分。通过全面理解和管理这些成本,企业可以提高盈利能力、精简运营,并创造更满意的员工队伍。随着商业环境的不断演变,那些能够有效分析和调整其劳动力战略的公司将在长期内更具成功的优势。

相关单词

used

used详解:怎么读、什么意思、用法