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5 Point Strategy to Reduce your Labor Costs

  • Are you wasting cash flow due to excessive costs?
  • Has your business stopped growing?
  • Are you measuring labor costs vs. productivity?

Labor costs are likely the largest line item on your company balance sheet. Therefore, a successful cost reduction strategy must adequately balance turnover, productivity, and growth.

While reducing your workforce may seem like the quickest and easiest solution to reduce labor costs, it might not be the best solution.

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