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Reducing hours to control labor costs makes sense for firms, and is sometimes preferable to formal layoffs for workers.
The Norfolk Southern Corporation will offer salaried employees with at least two years at the company incentives to quit in a bid to control labor costs.
But Chinese government officials have long set more stringent standards of quality control, labor rights and other industrial issues for foreign companies than for Chinese-owned companies.
Manufacturers across China are investing in labor-saving equipment, reorganizing shop floor management and taking other measures to control labor costs, which have been rising steeply as the country grows in prosperity.
Faced with a choice between a popular man who mismanaged government and an unpopular woman who has steered legislation through a parliament she does not control, Labor parliamentarians held their nerve.The crushing vote has damaged, probably fatally, the political ambitions of the man who in 2007 led Labor to victory, ending 11 years of conservative Liberal-National coalition government.
But it's unclear exactly what the board means when it says it wants America West to control labor cost growth.
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"It has to be done using the right materials, introducing recycling into the system, controlling labor through automation".
How tightly a company controls labor can determine employment classifications.
One of the largest obstacles to success facing U.S. businesses today, regardless of size, is controlling labor costs; for many, the cost of labor is second only to the cost of real estate.
The article also cited recent economic data, such as dropping housing starts and auto sales combined with controlled labor costs, as reason to believe that the Fed feels its goals are met for now.
We would be better off having a more stable economy with a distributed processing system that pushed policy making out into the network, rather than controlling it from the center, for the same reason our flexible labor market works better than the centrally controlled labor markets in Europe.
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CEO of Professional Science Editing for Scientists @ prosciediting.com