Recognizing and Managing Risks

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#AgHelpWanted #RightRisk #AgLaborManagement

Employing personnel carries risks of various conditions and outcomes that translate into lower revenues, higher costs, or both.

Learn more at: AgHelpWanted.org.

 
 

Labor resource risks include:
(1) insufficient labor to perform tasks when needed;
(2) poor quality work that raises per unit costs or lowers product value;
(3) excessive turnover and absenteeism, avoidable injuries, and high indirect labor expenses;
(4) conflicts with and between employees, whether expressed in formal complaints and litigation or hidden in quiet disgruntlement; and
(5) fines and other penalties imposed by government agencies for violations of law.

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