overtime the causes and Effects
6
Working beyond eight hours MONIKA KANSAL, MONIKA KANSAL, Kamla lohtia S.D.College, Ludhiana, Punjab Kamla lohtia S.D.College, Ludhiana, Punjab
-
Upload
monikakansal -
Category
Economy & Finance
-
view
4.295 -
download
2
description
explains overtime in asimplictic way,presents the effects in humuoristic manner
Transcript of overtime the causes and Effects
![Page 1: overtime the causes and Effects](https://reader036.fdocuments.in/reader036/viewer/2022082700/549ad79fb4795938098b45d6/html5/thumbnails/1.jpg)
Working beyond eight hours
MONIKA KANSAL,MONIKA KANSAL,Kamla lohtia S.D.College, Ludhiana, PunjabKamla lohtia S.D.College, Ludhiana, Punjab
![Page 2: overtime the causes and Effects](https://reader036.fdocuments.in/reader036/viewer/2022082700/549ad79fb4795938098b45d6/html5/thumbnails/2.jpg)
Overtime
• Paid at a higher rate
• Late hours (inefficiency)
• Habit of postponing work in normal hours
• wear and tear of machinery
• More lighting, supervision
![Page 3: overtime the causes and Effects](https://reader036.fdocuments.in/reader036/viewer/2022082700/549ad79fb4795938098b45d6/html5/thumbnails/3.jpg)
BUT
Occasional overtime is
Healthy
Shows workers are not idle
![Page 4: overtime the causes and Effects](https://reader036.fdocuments.in/reader036/viewer/2022082700/549ad79fb4795938098b45d6/html5/thumbnails/4.jpg)
Effects of overtime
1. Loss of efficiency in production
2. Increase in costs
![Page 5: overtime the causes and Effects](https://reader036.fdocuments.in/reader036/viewer/2022082700/549ad79fb4795938098b45d6/html5/thumbnails/5.jpg)
Treatment of overtime premium
1. Rush order charged to cost of order
2 Increase the rate of normal wage-when a normal feature due to Labour shortage
3. abnormal reason (breakdown of machinery ) charged to costing profit and loss account
![Page 6: overtime the causes and Effects](https://reader036.fdocuments.in/reader036/viewer/2022082700/549ad79fb4795938098b45d6/html5/thumbnails/6.jpg)
What , if this situation