INFORMATION AND ANALYTICAL SUPPORT OF LABOR COSTS MANAGEMENT

The article highlights the actual theoretical, methodological and applied issues of formation and use of information and analytical support system as instrument for managing labor costs. The approaches to the disclosure of the essence, nature and content of «wages» as an economic category and object of information and analytical system are analyzed. Salary is a complex and multifaceted socio-economic category, an element of socio-economic policy that reflects the interaction of economic relations and economic processes and is a monetary reward paid to employees for work performed/ services rendered, serves as the main motivational factor of material interest of employees in the final results of the activity. The «salary» category is interconnected with the «labor payment» category, which reveals the process of organizing the provision and implementation of payments to employees taking into account the time worked, the work performed/services provided in accordance with regulatory and legal acts and internal documentation of economic entities. Information and analytical support is an effective instrument for effective management of labor costs for employees of the enterprise. The quality of the analytical work, formed information and analytical content is the basis for making sound management decisions that ensure the optimal using costs at the enterprise.