Overtime can be a major expense for businesses, but there are ways to reduce it and save money.
This guide will provide you with the information you need to get started, as well as best practices and examples to help you reduce overtime and labor costs.
The first step in reducing overtime is to understand why it is happening.
Is it due to a lack of staff, or is it because employees are working too many hours? Once you understand the cause, you can begin to develop strategies to reduce overtime.
When reducing overtime, it is important to keep the following best practices in mind:
Here are some examples of how businesses have successfully reduced overtime: