F2-Chapter7-余.pptVIP

Contents in chapter 7 In this chapter, we will look at a number of methods of remuneration method consider the various types of incentive scheme examine the procedures and documents required for the accurate recording of labour costs study labour turnover But at first, let’s have a look about how to measure labour activity 1/5 Measuring Labour Activity 1.1 Production and productivity Terms Production 产量 Productivity 生产率、产出率 Measuring method of productivity Output per man-hour / output per machine hour Productivity ratio Standard production / standard hour Example P.142 1.2 Productivity and its effect on cost Conclusions from the example on P.144 (1)An increase in production without an increase in productivity will not reduce unit costs. (2)An increase in productivity will reduce unit costs. 1.3 Labour cost control Labour cost control is largely concerned with productivity Where automation is introduced, productivity is often measured by output per machine hour. 1/5 Measuring Labour Activity 1.4 Other measures of labour activity Efficiency ratio, capacity ratio and production volume ratio Examples 某公司计划期间预计生产25 000 units，计划工时100 000 hours，实际生产产品27 000 units，实际消耗工时120 000 hours. Efficiency= Capacity= Production volume ratio= 1/5 Measuring Labour Activity 如何理解三个工时概念？ 2.1 Time work (计时工资) In this system, wages are calculated by the following formula Wages=hours worked × rate of pay per hour basic payment / overtime payment / shift premium Advantages and disadvantages (P.145) 2.2 Piecework schemes（计件工资） In this system, wages are calculated by the following formula, Wages=units produced × rate of pay per unit It is normal to offer a guaranteed minimum wage for pieceworkers, so that…… 2/5 Remuneration Methods Example (P.146，standard time allowance) Different piecework schemes for an incentive to employees (just for increasing output) Advantages and disadvantages (P.147) 2.3 Bonus / incentive schemes (奖金) The purpose of bonus schemes How to make the scheme works succ