The productivity of labor and the cost of live labor in the induxtry of Bulgaria as objects and direct factors in economic analisys
Abstract
Efficiency is an economic category that has a universal manifestation at the macro- and micro-level. A form of manifestation of efficiency is economic efficiency. Economic efficiency indicators are relative quantities. They can be systematized in relevant groups on the basis of suitable and objectively coexisting criteria, binding the indicators in them according to their economic essence, content and relation to the object of the study. The indicators for the analysis of the economic efficiency of the enterprises' activity can be combined into the following groups:
1) Indicators for the analysis of the effectiveness of the use of resources - factors for the implementation of the business plan of each enterprise, including:
a) analysis of the effectiveness of the use of fixed tangible assets;
b) analysis of the effectiveness of the use of material resources;
c) analysis of the efficiency of the use of labor force.
2) Analysis of the efficiency of revenues and expenses of the enterprise.
3) Analysis of the turnover of capital and assets of the enterprise.
4) Analysis of profitability determined on different bases: capital, assets, income, expenses and other bases derived from them.
The object of research in the article is the effectiveness of the use of live labor (workforce) in industrial enterprises of the country's economy. The subject of the research are the indicators characterizing the labor productivity in different directions, as well as the methods for analyzing the labor productivity.
Methods for analyzing annual labor productivity, hourly labor productivity, profitability based on living labor costs are consistently justified. The information provision of the analysis of labor productivity and profitability based on living labor costs is considered.
References
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