CBA of Labor Efficiency Incentive Program


 
Cost-Benefit Analysis > Best Practices

CBA of Labor Efficiency Incentive Program
Caleb W
What are on the + and - side for a cost-benefit analysis of a Labor Efficiency Incentive program?

I envision the program to be a $ savings sharing program where employees who increase their efficiency up to a certain point get a % of the savings. We will have a costs savings and an opportunity savings portion. How we come up with the total savings.

Does anyone have experience with this kind of implementation in the service industry that wouldn't mind me picking their brain?
 

 
The Issue is About Measurement
Tyrone Skogstrom, Management Consultant, Sweden, Member
First, the benefit arises when people behave in new ways. A cost/benefit calculation should never be conducted without a clear definition of how the p...Sign up
 

   

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