How to Calculate Labour Cost: Per Hour, Per Unit, Techniques and Formula! Techniques of controlling labour cost can be effectively used by coordinating the activities of various departments concerned with the labour, namely: (A) Personnel department (B) Engineering and work study department (C) Time keeping department (D) Pay roll department, and (E) Cost accounting department. The functions of these departments [...]
Time booking can be entrusted to the foreman or to time booking clerks. Sometimes it is done even by employees. It can be recorded either manually or mechanically. The following are the various methods of time booking: Method # 1. Daily Time Sheet System: Under this method, the time spent by workers on different jobs for a certain day is [...]
Broadly speaking there are two methods used for time keeping: 1. Manual Method 2. Mechanical Method. 1. Manual Method: Under this method the attendance time of employees are recorded either by the time keeping officer or by employees themselves. The manual methods of time keeping are as follows: i. Attendance Register Method: Under this method, an attendance register is maintained [...]