January 2013
Intermediate to advanced
544 pages
16h 35m
English
book
Accounting for Managers: Interpreting Accounting Information for Decision-Making, Canadian Edition
by Paul M. Collier, Sandy M. Kizan, Eckhard Schumann
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CHAPTER 10
Human Resource Decisions
LEARNING OBJECTIVES
After reading this chapter, you should be able to answer the following questions:
Which costs should be included in the cost of labour of an organization?
Why is it not necessarily correct to assume that labour costs associated with the production of a good or service are variable?
Which relevant labour costs should be included in decision making?
What are options for reducing labour costs, other than layoffs? What are the costs associated with redundancy programs?
How can an organization measure the effectiveness of human capital?
This chapter discusses the importance of human resources (HR) within an organization and explores the challenges of measuring the value of these resources. It explains the components of labour costs and how those costs are applied to the production of goods or services. The relevant cost of labour for decision-making purposes is explained. The measurement of human capital beyond cost is also discussed ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.