Finance – Reducing Labor Costs

Illustration of finance labor costs.

Retail grocery managers and owners can save money now and in the future by closely monitoring labor costs. This is especially true for smaller retailers, where cash flow is often limited and where cost-cutting is not only beneficial but frequently required. In this course, we will explore methods for reducing labor costs.

This course has the following objectives:

  • Identify ways to optimize staff scheduling and reduce labor costs.
  • Define the process of forecasting.
  • Discuss best practices for scheduling.

Course Duration: 18m

Finance – Reducing Labor Costs

Illustration of finance labor costs.

Retail grocery managers and owners can save money now and in the future by closely monitoring labor costs. This is especially true for smaller retailers, where cash flow is often limited and where cost-cutting is not only beneficial but frequently required. In this course, we will explore methods for reducing labor costs.

This course has the following objectives:

  • Identify ways to optimize staff scheduling and reduce labor costs.
  • Define the process of forecasting.
  • Discuss best practices for scheduling.

Course Duration: 18m