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Salaries and labour productivity

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PDF: Author(s): Shevyakova (Adilova) Ch. Z.,
Number of journal: 3(24) Date: August 2013
Annotation:

This article is about salary and labor productivity. An employee’s salary can rise faster than labor productivity, which is well tested in the domestic practice of planning and budgeting of the enterprises of all types of economic activity. The accounting model of the break-even point is used to prove this statement. There are some statistical data and graphics provided that characterize fluctuations of the salary and labor productivity in the economics of the Russian Federation in the XXI century. Additionally, the description of the methods of calculation and analysis of the structure of the gross added value is provided.

Keywords:

labor productivity, expenditures for wages, salary, gross added value, model of the break-even point, national economy, revenues of the company, variable costs, fixed costs, profitability

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