Labor's Day
On May 1st, an international holiday is recognized. It is most usually connected with commemorating the labor movement's successes. The festival is also known as International Worker's Day or May Day, and it is observed in over 80 countries as a public holiday. In most nations worldwide, May 1st is celebrated as May Day.
The bank holiday is marked on the first Monday of May in the United Kingdom and Ireland rather than May 1st. The origins of Labor Day can be traced back to the labor movement, notably the "eight-hour day" movement, which campaigned for eight hours of work, eight hours of recreation, and eight hours of rest per day. Labor unions worldwide hold seminars, demonstrations, and parades during which union leaders speak about the history and significance of Labor Day.
Workers and unions organize street processions to show solidarity with workers worldwide. On Labor Day, there are often organized street demonstrations in which workers and labor organizations protest labor repression and demand more rights, higher wages, and benefits. Labor Day is more than a holiday; it is supposed to remind us of the dignity of work, whether it is done by older people or youngsters in homes and workshops. They all deserve to be treated with respect.
Buying and selling the productivity time is, or should be, the primary source of revenue and profit in body shops and service workshops. Profits from the sale of spare parts, oils and lubricants, paint and materials, and sublet and sundry are all subsidiaries of the buying and selling of productive time. If you don't sell time, you don't sell any of these other things. So, just as you would take great care when buying and selling a spare part, you have to pay equal attention to buying and selling productive time or even more because you need more time to stock.
In other words, if you do not sell their time today, you can't sell it tomorrow. There's no secret. The trick is managing every aspect of a workshop. Managers must do everything possible to ensure technicians, panel beaters, or painters work as fast as possible for as long. In other words, you must do everything to minimize lost time and provide your productive staff with every means to support more quick work like training, power tools, and even placing specific jobs with the most experienced practicals. If you have a clutch job, give it to the expert.
Labor Gross Profit:
In this traditional form of management, accounts and the technician's cost are divided into no less than six lines. The first three lines appear straight after labor sales and consist of all payments made to the technician for producing work that is then sold to a customer. It includes pay for work time and all bonuses, and overtime pay. Accountants call these the cost of sales.
Lost Time:
Please get away with paying technicians when working on paying jobs, but you cannot. You pay them for attendance or attended time, and they only work on paying jobs some of the time they are attending.
How Time is measured:
The most basic way of measuring time in a workshop is by using a clock that stamps time on a clock card for attended time and on the job card for work time. The times are then correlated manually on a daily operating control sheet, and the labor efficiencies are calculated.