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Human resource management-overtime or part time

Title: Human resource management-overtime or part time
Category: /Business & Economy/Management
Details: Words: 517 | Pages: 2 (approximately 235 words/page)
Human resource management-overtime or part time
Peak part-time workers were used to cover high in demand during the working days and weekend in a range of economic sectors. This is the common ways to achieve the peak demands. In order to satisfy the customers' demands, it seems have to increase the staff. The part time employment is the economic ways of reducing the labour cost. Those part time workers who covered the peaks in demand and are trained to cover a …showed first 75 words of 517 total…
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…showed last 75 words of 517 total…in this situation can be financially devastating for the workforce and lead to deteriorating employee relations. The most visible problem is overtime is very expensive. The combination of paying overtime at a premium (usually 1.5 x straight time, but sometimes at 2.0 or 3.0 x straight time), and working overtime hours that were not in the budget often results in negative overtime accounting variances. Since negative variances draw critical attention, managers often focus their energy on minimizing overtime.

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