The term in question is based, etymologically speaking, in Latin. Thus, we find the fact that the word hand comes from the Latin word manus which can be translated into several meanings such as "easy to manipulate". And work, for its part, emanates from the Latin word Opera What does "work" mean?
It is known as workforce to the both physical and mental effort which is applied during the process of developing a good . The concept is also used to point towards the cost of this work (that is, the money paid to the worker for his services).
For example: “We have to hire more labor to complete the production”, “The workforce has risen so much that the business is no longer profitable”, “The manager is angry at the workforce hired to finish the works”.
Currently, one of the problems that causes the most damage to the labor market worldwide is what is known as cheap labor. With this term, what is defined is all those people who are willing to do a job for minimum wages, which negatively affects the entire group of workers in the sector in particular, who see how they do not get a job because there are those who decide to perform the same for much lower prices than legally stipulated.
A circumstance is that it is favored, in many countries, by businessmen who take advantage of the arrival of immigrants to their territory willing to earn money at all costs.
In the field of accounting business, labor is understood as absolute cost linked to workers . In this sense, labor includes wages, social security charges and taxes: “Metronplak has spent more than half a million dollars in labor”, “The budget includes expenses on materials and labor”, “Almost 90% of the expenses go to the workforce”.
It should be noted that labor can be classified as direct or indirect. It is said that the labor is direct when it directly influences the manufacture of the finished product. It is a job that can easily be associated with the good in question.
The labor is considered indirect , however, when it is reserved for administrative, logistic or commercial areas. It is not assigned, therefore, to the manufacture of product directly or has great relevance in the price of it.
In the production of a car, direct labor is given by the workers who work in the assembly and assembly of each part of the vehicle, while the indirect workforce includes those who work in marketing and sales.
However, although these two types of labor are the most frequent, we cannot ignore what is the commercial workforce that is the one that arises from what is the construction or commercial area of an industry or deal.
And all this without forgetting that there is also what is known as management workforce, which is the term used to encompass all workers who hold managerial and executive positions in a given company.