We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Research about managing the lablour costs of food production - Speech or Presentation Example

Comments (0) Cite this document
Summary
MANAGING LABOR COST OF FOOD PRODUCTION IN AUSTRALIA Managing the labor costs of food production in Australia Introduction Running of a restaurant is a complex business venture especially when it comes to management of cost. This is a usual case especially when dealing with employees working in the restaurant and who are paid for the services they offer…
Download full paperFile format: .doc, available for editing
Polish This Essay92.5% of users find it useful
Research about managing the lablour costs of food production
Read TextPreview

Extract of sample
"Research about managing the lablour costs of food production"

Download file to see previous pages It is important to note that a restaurant operating on a labor cost which is as low as 20 percent has a promising future. If levels of labor cost begin to rise, the company should begin to seek on ways of lowering lest it cause a sham to the business. During my work experience at Royal restaurant, if the restaurant made a total daily sales of $10 000, then it had to spend no more than $2 000 paying for labor. Although employees’ salaries which match the volume of sales may help ease the labor costs, key issues such as improvement of productivity at workplace and wise roster plan of employees yield marvelous results. While working at Royal star restaurant, it was a common rule that if the number of customers visiting the restaurant was below 200 per day, the daily sales were over $8000.This also meant that the hotel spends less than $1500 on labor cost. Rostering allowed the hotel to know the working hours of part time workers while comparing it with the sales made during the time. If for instance the sales reduce, the number of part time workers was reduced to cut the cost of labor. Other issues that help control labor costs include, cross-training employees, performing frequent staff audits and reviews, employing adequate employees among other measures. Championing Labor Cost Awareness This is normally calculated from the volume of sales made. Labor costs percentage can be calculated as follows: A restaurant that hopes to run successfully must seek to operate at a minimum labor cost percentage that is below 20 percent. At Royal Hotel for instance the labor cost was normally 10 to 16 percent. Cross-Training staff Employee training is vital in any business venture. It is therefore important to cross train employees and the business with a view of equipping workers with vast skills necessary in restaurant service. This is important because the management can schedule fewer workers to various sectors of the restaurant while still being in a position to achieve same results in the level of production as well as service delivery standards. Cross training can be done by training prep cooks to perform food grilling, training hostess on the work done by the servers and busses to serve food. At Royal hotel, the receptionists were often taken to seminars on public relations and customer satisfaction. Superannuation and Retirement Superannuation is a way of gathering for the retirement of your employees. This is done by making contributions to the super funds of each employee. In Australia for instance, an average of 9% of the employee’s salary is paid into the employee’s super fund. At Royal Star restaurant, the fund is awarded upon retirement or demise of any staff. Conducting Frequent Staff Audits and Reviews The cost of labor depends on a large extent to improvement and level of productivity. Therefore, it is important to perform regular audits. This can be done by assessing the performance of employees. The assessment should focus on working days and hours of employees. If found that a substantial amount of time is lost through long breaks or down time, a review should be done to adjust the time accordingly. Care must be taken to aid in proper communication among the employees in helping communicating concerns and ideas. An audit was done after every three months at Royal Hotel. Control Labor Cost With ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Research about managing the lablour costs of food production Speech or Presentation”, n.d.)
Research about managing the lablour costs of food production Speech or Presentation. Retrieved from https://studentshare.org/management/1469359-research-about-managing-the-lablour-costs-of-food
(Research about Managing the Lablour Costs of Food Production Speech or Presentation)
Research about Managing the Lablour Costs of Food Production Speech or Presentation. https://studentshare.org/management/1469359-research-about-managing-the-lablour-costs-of-food.
“Research about Managing the Lablour Costs of Food Production Speech or Presentation”, n.d. https://studentshare.org/management/1469359-research-about-managing-the-lablour-costs-of-food.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
A Speech About Tennis Shoes
It is essential for the players to wear special shoes designed for tennis because ordinary running shoes would not work for them. I have learnt that running shoes are designed to facilitate forward motion exerting more stress on the feet and that they do not provide stability for the feet in sideways body movements which is essential for tennis players.
2 Pages(500 words)Speech or Presentation
Presentation about your role as an Accountant
Let me share to you the intricate and sometimes controversial world of Accountancy. I mentioned intricate because in a corporate environment, the Accountant is the person responsible for handling and determining the financial position of a company; whether it is earning or losing or just breaking even.
4 Pages(1000 words)Speech or Presentation
Organic Pork Production, Animal Science Speech
Pastured hogs are fed grain products, stale bread, and other foreign meals and that makes the resultant meat products just somewhat better than traditional store-purchased pork. The notion that hogs must be fed grain is outrageous and ignorant. Ideally, as with all beast life, what really hold true for any hog also applies to legacy hogs.
5 Pages(1250 words)Speech or Presentation
Compressed Hydrogen Production Via Reaction Between Liquid Ammonia And Alkali Metal Hydride
There are many methods that can lead to formation or production of hydrogen. The interest in this scope is the compressed form of hydrogen, otherwise known as liquid hydrogen. Ammonia .NH3 is recognized as one of the attractive hydrogen H2 carriers because it has a high hydrogen content of 18% mass and it is easily liquefied under about 1 MPa of pressure at a room temperature.
3 Pages(750 words)Speech or Presentation
Genetically Modified Food
Genetic modification is the production of new crops’ types. The food industry is growing rapidly because of its variety and its link to other industries. World’s arable is increasingly being used to grow genetically modified crops catering to the needs of the growing population.
3 Pages(750 words)Speech or Presentation
Statistics and Research
His suggestions on industrial quality control were that an organization can increase industrial production effectively and reduce costs efficiently by adopting proper
2 Pages(500 words)Speech or Presentation
Marketing research about organic food
are essential tools that come in handy in analyzing the respondent’s feelings, opinions and behaviors for proposed issues the directly or indirectly affect them (Wilson 21). This questionnaire was aimed at identifying the individuals to target, how to draw more consumers for
2 Pages(500 words)Research Paper
FOOD SERVICE MANAGEMENT MODULE
The food inventory value on December 31 was $45,000. Food purchased for January totaled $32,300 and the closing inventory in January was $36, 500. The per patient meal cost for January was: f. The number of meals sold per day in a food service decreases from
2 Pages(500 words)Speech or Presentation
Production and operation management
The manufacturers optimized output as their production was able to meet the market demand. Based on the calculations the firm was able to
1 Pages(250 words)Speech or Presentation
Production Cost Analysis and Estimation Applied Problems
e) The fixed cost per unit will be reduced to an appropriate range when the fixed cost will not change, but when there is an increase in the fixed cost and the production,
1 Pages(250 words)Speech or Presentation
Let us find you another Speech or Presentation on topic Research about managing the lablour costs of food production for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us