Human resource management-overtime or part time

Date Submitted: 09/09/2006 22:37:56
Category: / Business & Economy / Management
Length: 2 pages (517 words)
Peak part-time workers were used to cover high in demand during the working days and weekend in a range of economic sectors. This is the common ways to achieve the peak demands. In order to satisfy the customers' demands, it seems have to increase the staff. The part time employment is the economic ways of reducing the labour cost. Those part time workers who covered the peaks in demand and are trained to cover a …
Is this Essay helpful? Join now to read this particular paper
and access over 480,000 just like this GET BETTER GRADES
…in this situation can be financially devastating for the workforce and lead to deteriorating employee relations. The most visible problem is overtime is very expensive. The combination of paying overtime at a premium (usually 1.5 x straight time, but sometimes at 2.0 or 3.0 x straight time), and working overtime hours that were not in the budget often results in negative overtime accounting variances. Since negative variances draw critical attention, managers often focus their energy on minimizing overtime.
Need a custom written paper? Let our professional writers save your time.