This would require re-establishing competitive labour cost structures by reducing indirect labour
costs, easing excessive labour market regulation and developing more entrepreneurial and innovative work patterns.
As a result of the VAT rate increase, inflation could accelerate to 2 1/2 per cent in the first half of 1996, before dropping back in the second half of the year, as lower indirect labour
costs reduce cost pressures and partially offset the effects of the VAT increase.
Both direct as well as indirect labour
was decreased while shifting from manual harvesting to mechanical harvesting.
Despite the rather low contractual wage increases under the incomes-policy agreement, unit labour costs are likely to continue to grow rapidly, reflecting increases in indirect labour
costs, carry-over from earlier agreements and significant wage drift given tight labour market conditions.
The revision of our costs structure, prompted by the Company's financial situation and the fall of the US dollar, has led to a decrease ofmore than 50% of direct and indirect labour
There are about 2 million employees in indirect labour
as well," he said.
BT announced 10,000 job losses in the last financial year - 4,000 directly employed staff and the rest from the indirect labour
force such as agency workers, contractors and offshore staff.
The company said it had already cut 4,000 jobs, leaving a further 6,000 to go between now and March, as part of an on-going efficiency programme which will mainly affect BT's indirect labour
force such as agency workers, contractors and offshore staff, including those based in India.
The cuts are part of an on-going efficiency programme which will mainly affect BT's indirect labour
force including those based in India.
We have lost probably around 1,000 jobs over all if you take into account indirect labour
European employers are pressing the Member States to pursue their tax reform policies so as to solve the problems created by indirect labour
costs and the imbalance in pension systems.
75 percent reduction in gross margin (caused by increased sales rebates and commissions) and increases in indirect labour
and depreciation and amortization charges.