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2023
Scientific electronic journal "Labor Economics and Human Capital", Special issue

Human Resource Management

FOREIGN EXPERIENCE ANALYZING LABOR COST INDICATORS IN ECONOMIC ENTITIES

DOI 10.67668/LEHC/voliss/430 Google Scholar Search in Scholar Pages 77-82

Published 2023-10-19

Authors
Suvonov Bekniyoz Bakhtiyar ugli
Affiliation
Tashkent State University of Economics image/svg+xml
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Abstract

This article presents a review and analysis of foreign experience in the field of analyzing labor cost indicators in business entities. The study’s authors examine the different methodologies and approaches used in different countries to estimate and manage labor costs. The focus is on time tracking systems, standards and classifications, as well as the use of modern technology and automation in the labor cost analysis process. The study provides valuable scientific and practical insights that can be applied to optimize workforce management and increase productivity in business entities.

Keywords

labor costs, labor cost analysis, business entities, working time recording, technology and automation, social aspects, economic indicators

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