Wage fund - the amount of money from which the remuneration of employees of the enterprise is carried out. This indicator affects the cost of production, i.e. on profitability. It consists of basic and additional wages and is planned. When planning, the hourly, daily, monthly and annual payroll is calculated, which differ in the composition of the elements of wages included in them.
Instructions
Step 1
To determine the annual payroll, first calculate the average wages of your employees. Since salaries or wage categories are different for everyone and, accordingly, different wages, determine the integral indicator that characterizes its average level (SD). It is calculated as the quotient of dividing the amount of money spent over the past period (year) for the remuneration of employees of the enterprise (OT) by their average headcount (SSH): SZ = OT / SSS.
Step 2
Depending on the task that is facing you, in economic analysis, the average wage can be determined taking into account the actual hourly, daily or annual wages fund, which were determined for the past. Calculate the average wage for any billing period using the formula SZ = OT / K, where K is the number of man-hours worked for the billing period, and OT is the actual payment for their work in the same period.
Step 3
The actual wages per hour of working time, which is essentially an hourly wage fund, includes the wages of pieceworkers and time workers, which are calculated on the basis of tariff rates, tariff coefficients, actual hours worked and the number of employees. It also includes the salary fund for managers and specialists, bonuses paid under the collective agreement and compensatory surcharges (for overtime work, difficult working conditions, team leadership, etc.).
Step 4
When calculating the daily salary fund, take into account in it, in addition to the hour fund, those additional payments that apply to it: adolescents for part-time work and mothers who are breastfeeding. When calculating the annual fund, which is formed on the basis of the daily fund, take into account the additional wages included in the annual period. These are the amounts paid to employees for regular and additional leave, payment of student leaves and those related to the performance of public duties.
Step 5
Calculate the planned indicator of the wage fund for the coming year (FZPg) according to the formula FZPg = SSCHg * SZg, where SSCHg is the average number of employees per year, SZ is the average salary per year.
