Indeed, the 'annual cost rate of a man-hour derived from HSY's official books', which is used by Greece, is an inappropriate approximation of the hourly cost of a worker working for a subcontractor. |
Generally speaking, higher productivity — that is, higher output per man-hour — is a good thing. |
It was a significant man-hour investment to get to that stage. |
That is to say that the dividend shall progressively displace the wage and salary, as productive capacity increases per man-hour. |
Retail is detail: the business operates on low margins and every man-hour has to be used in an optimal way. |
The man-hour plan requires the hours worked to be recorded and footed in addition to the labor cost. |