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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Glossary » What is Employee Idle Time
What is Employee Idle Time  

What is Employee Idle Time



 
 

Employee Idle Time is a period of time while an employee is unable to carry out his or her usual tasks due to equipment breakdowns, energy outages, shortages of raw materials, or other reasons which are beyond the employee’s control. The employee idle time is accounted as costs of direct labor for employees, so their work is compensated as usually, but the organization doesn’t obtain the proper labour outcomes, therefore the idle time incurs losses to the organization.

The employee idle time is considered as overhead costs of an enterprise – indirect manufacturing costs to be allocated over all the production for a period. Employee idle time is a sign of Employee Underutilization, as capabilities of employees are not fully revealed and engaged to create maximal profit and benefit for the business employing them. To minimize employee idle time it is possible to do the following:

  • To eliminate a problem causing employee idle time as quickly as possible;
  • To rotate employees to another type of work;
  • To engage reserves: spare equipment, reserved resources, additional workplaces, etc;

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