Examples of Labour Cost in a sentence
In intervening years, these costs will be increased by the annual movement in an appropriate index, such as the Producers Price Index or the Labour Cost Index, and will be checked for continued reasonableness by the Milk Price Group against movements in Fonterra’s actual and budgeted costs, having particular regard to any significant change in Fonterra’s overhead costs (such as any change resulting from a restructuring).
For the analysis of training and wages we have used data from the Structure of Earnings Sur- veys of the years 2002 and 2006 and have linked them with data from the Labour Cost Sur- veys of the years 2000 and 2004.
In advance to the detailed analysis made by each country in the specific Quality Report, Eurostat also plans to conduct some other checks, comparing main aggregates to the Labour Cost Index (LCI) monetary values, Labour Force Survey (LFS), Structural Business Statistics (SBS) and National Accounts (NA) data.
When the work is performed on current account, the Supplier may invoice monthly in arrears.The Supplier may, annually as from the start of a new calendar year, change the agreed fees/hourly rates in accordance with the changes in the Statistics Sweden's index: Labour Cost Index för tjänstemän (LCI tjm) pre- liminärt index, SNI 2007 kod J (Informations- och kom- munikationsverksamhet).The fees are exclusive of VAT and other additional taxes that were fixed after the Agreement was entered into..
Below is table showing earnings statistics from the 2004 Labour Cost Survey (survey comes out only every four years).
Annual company spending on apprenticeships is estimated to stand at around 1% of their annual labour costs, or around EUR 30bn, see: Eurostat, Labour Cost Survey, 201234 Source: Eurostat, Labour Cost Survey, 2012A Commission analysis35 shared and discussed in the Eurogroup confirms the importance of investments in human capital to raise productivity and boost potential growth.
When estimating the amount of social security contributions from total employee earnings using the 2004 Labour Cost Survey, we have come up with an estimate of 10% on the approximate ratio for the basic earnings/total earnings.
For the purposes of this adjustment calculation, “inflation” will be determined on the basis of two components: a) a Consumer Price Index (“CPI”) component, weighted at 65%, based on the annual Conference Board of Canada’s forecast for Statistics Canada CANSIM Services V41694625 – CPI, 2005 Basket, 2002 = 100, Alberta, All Items; and b) a Labour Cost component, based on the annual Conference Board of Canada’s forecast for Statistics Canada CANSIM Series V1603533, weighted at 35%.
Collection of Financial Statements of an Organization for two years and calculating GPR/NPR/Current Ratio/Liquidity Ratio/Debt-Equity Ratio.2. Identifying Fixed and Variable Cost components from the Financial Statements Collected.3. Calculation of Contribution / P/V Ratio /BEP based on the collected Financial Statements.4. Calculation of Material Cost Variances and Labour Cost Variances using imaginary figures.5. Preparation of Sales Budget for THREE divisions with imaginary figures.
Direct Labour Cost are the cost which can be identified with and allocated to cost centres or cost units.