Your second highest cost is your shift allowance. It will be higher than your raw materials, energy, business rates, marketing budget, depreciation, and every other expense except for the Basic Wages. How much do you know about your Shift Allowances and why they are at the rate they are?To determine the best shift allowances for you in different circumstances, we'll take you through the most commonly methods. Knowledge is power.The Training Course is 13 lessons and about 150 minutes.
Lesson 1. What Is The Purpose Of A Shift Allowance? 11:12Lesson 2. Overview Of Shift Allowances 14:36Lesson 3. Method 1: Lump Sum Method 2:57Lesson 4. Method 2: Variable Lump Sum Method 4:05Lesson 5. Method 3: Pay Per Shift 13:14Lesson 6. Method 4: Average Pay Per Shift 7:10Lesson 7. Method 5A: Percentage Method For Holiday Excluded Shift Patterns 13:54Lesson 8. Method 5B: Percentage Method For Holiday Included Shift Patterns 12:34Lesson 9. Method 5C: Percentage Method Incorporating Bank Holidays 5:59Lesson 10. Method 6: Points Method 16:13Lesson 11. Negotiating Shift Allowances On Overtime 11:12Lesson 12. Reverse Engineering 19:20Lesson 13. The Annual Reconciliation 18:53