Research On Labor Costs Management About Hualei Optoelectronicon Co.,Ltd

Labor cost is the sum of all direct and indirect costs arising from the enterpriseproduction, operation and payment for use of labor services, is an important part ofthe total cost of enterprises. Labor cost management is essential to the development ofenterprises. How to strengthen labor cost management of enterprises, reduce theoperating costs of enterprises, improve the competitiveness of enterprises, is one ofthe core content of enterprise cost management.Based on the study of the relevant literature, this paper summarized the basictheory of the labor cost management in enterprises,and as a guide, combined with thegovernance structure and the compensation characteristics of HualeioptoelectroniconCo.,Ltd, systematically analyses the current situation of labor cost management inHualei optoelectronicon Co.,Ltd.Through longitudinal analysis and horizontalcomparison of The main labor cost index of Hualei optoelectronicon Co.,Ltd, thisarticle found the growth trend of the labor cost of Hualeioptoelectronicon Co.,Ltd andthe gap of labor cost management with the large mature enterprise in the sameindustry:Relatively high per capita labor cost expenditure level;The labor coststructure is not reasonable；Low efficiency of labor cost.This paper thinks that thecause for these problems is:Labor cost management awareness is weak;Labor costmanagement system design is not perfect;The lack of scientific management methodsof labor cost budget;Employees’ compensation is not reasonable.This article putsforward the countermeasures and suggestions about the cause for the problem:Firstly,to strengthen the propaganda of management of labor cost;Secondly, establishlabor cost management system;Thirdly,perfect the artificial cost budget control;At last,optimize the compensationincentive mechanism.