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direct labour |
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direct labour n Commerce
1. (Business / Industrial Relations & HR Terms) work that is an essential part of a production process or the provision of a service Compare indirect labour 2. (Business / Industrial Relations & HR Terms) Brit workers who are part of an employer's own labour force rather than hired through a contractor, such as building workers employed by a local authority Translations How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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By developing a system to allocate these costs to jobs based on direct labor hours or some other appropriate allocation method, you'll have a better understanding of what jobs cost in "real time. The TCO methodology examines three major cost categories: annualized technology costs, direct labor and indirect labor: Chasing the lowest direct labor cost alone is typically not the best reason for choosing a geography, since direct labor costs do not comprise a major percentage of the costs of global manufacturing. |
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