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Economic Analysis: Theory and Practice
 

Analysis of effectiveness of payroll expenses

Vol. 8, Iss. 5, FEBRUARY 2009

Available online: 18 September 2009

Subject Heading: Estimation of efficiency of expenses

JEL Classification: 

Klimova N.V. the Doctor of Economics, the professor managing chair of the economic analysis and statisticians, Academy of marketing and socially-information technology, Krasnodar
nv_klimova@mail.ru

The notion of salary and payroll expenses was stated; tasks to analyze wage fund were determined; factors having influence on amount of payroll expenses were classified; factor analysis method was disclosed; algorithm of calculation of time wage fund by logarithmic method and example of analysis of payroll expenses based on domestic practice were cited; system of indicators of effectiveness of payroll expenses and introduction of budgeting together with statement of sequence of calculation of payroll expenses were suggested; recommendations on perfection of employee compensation plan were given.

Keywords: expense, analysis, effectiveness, payment, labor, fund, algorithm, system, budgeting

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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