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Improving The Labour Costs Efficiency At Ukrainian Enterprises

Author

Listed:
  • Olga Sukach

    (Odessa National Economic University; Ukraine)

Abstract

Generally, labor costs are more complicated than other inputs. But wages and labor productivity in Ukraine are significantly lower than in the market economies. Also the share of the basic wages consisted by 61.1 per cent at Ukrainian enterprises. While, the developed countries keep a basic wage at the rate of about 80-85 per cent. Consequently, wage is transformed into one of the version of a social assistance, which in less degree dependents on the results. The main purpose of the article is a theoretical studied of a system of economic indicators of labor costs efficiency and a critical analysis of their calculations in Ukrainian enterprises and abroad. In support of correlation between the share of basic wages and labor productivity the multiplicative model of labor productivity is developed and was practically used by the author on one of Ukrainian enterprises.

Suggested Citation

  • Olga Sukach, 2014. "Improving The Labour Costs Efficiency At Ukrainian Enterprises," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6(1), pages 171-180, March.
    • Handle: RePEc:jes:wpaper:y:2014:v:6:i:1:p:171-180
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    File URL: http://www.ceswp.uaic.ro/articles/CESWP2014_VI1_SUK.pdf
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    Citations

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    Cited by:

    1. Aneta Ku?niarska & Aleksander Prus, 2021. "Labour Costs In Socially Responsible Enterprises As Exemplified By Banks Listed On Stock Exchange Index Wig Esg," Proceedings of Economics and Finance Conferences 12513301, International Institute of Social and Economic Sciences.

    More about this item

    Keywords

    remuneration of labor; payroll; labor costs; labor productivity; own-product real wage;
    All these keywords.

    JEL classification:

    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis

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