Tag: hybrid

How to Calculate Labour Costs — (Part 3) What Makes up the Cost of Labour

One of the major costs for any project is labour (or labor if you prefer). Unfortunately, many managers don’t know how to calculate their basic labour costs. At the best this leads to problems in managing projects. At worst, it leads to problems with finding and retaining team members. In this series of articles, we’ll explore the calculation of labour costs. In this part, we’ll explore the types of costs.

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