Labor costs in a construction company in the Czech Republic – a case study

• Autorzy: Kocourkova Gabriela , Vitkova Eva , Pelcak Svatopluk

Identyfikatory

DOI

10.22630/srees.5252

• Języki publikacji: EN

Abstrakty

EN

This article focused on quantifying the company’s total labor costs in percent. Moreover, it aimed to show the labor costs on a construction contract both from the terms of the company’s labor costs of its own employees and the subcontractors’ labor costs. Have been accurately quantified the total labor costs in the company from the profit and loss statement of the selected construction company, on which the case study was based, shows that the average percentage representation of labor costs, which include wage costs and social and health insurance costs, is 15.30%. However, when all the costs associated with employees as a labor force are identified in detail, it is evident that the total labor costs represent 31.82% of the sales remuneration. It results in the doubled value.

Słowa kluczowe

EN

labour costs; construction company; wage costs

• Wydawca: Wydawnictwo Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie
• Czasopismo: Przegląd Naukowy Inżynieria i Kształtowanie Środowiska
• Rocznik: 2023
• Tom: Vol. 32, No. 4
• Strony: 376--391
• Opis fizyczny: Bibliogr. 27 poz., tab., wykr.

Twórcy

autor

Kocourkova Gabriela

• Brno University of Technology, Faculty of Civil Engineering, the Czech Republic

• https://orcid.org/0000-0002-7710-767X

autor

Vitkova Eva

• Brno University of Technology, Faculty of Civil Engineering, the Czech Republic

• https://orcid.org/0000-0002-2028-953X

autor

Pelcak Svatopluk

• Brno University of Technology, Faculty of Civil Engineering, the Czech Republic

• https://orcid.org/0000-0002-5812-9865

Bibliografia

• Act No. 563/1991 Coll. on accounting.
• Act No. 2/1991 Coll. on collective bargaining.
• Act No. 589/1992 Coll. on social security contributions and contributions to the State Employment Policy.
• Act No. 592/1992 Coll. on general health insurance contributions.
• Act No. 586/1992 Coll. on income tax, as amended.
• Act No. 1/1992 Coll. on wages.
• Act No. 435/2004 Coll. on employment.
• Act No. 262/2006 Coll. Labour Code.
• Act. No. 110/2019 Coll. on the processing of personal data.
• Bellayova, M. (2020). Náklady na pracovní sílu ve stavebním podniku [Analysis of cost on the workforce in construction company] (bachelor’s thesis). Brno University of Technology, Brno. Retrieved from: https://www.vut.cz/studenti/zav-prace?zp_id=128654 [accessed: 06.06.2023].
• Chen, V. W., Wu, H. X. & Van Ark, B. (2009). More costly or more productive? Measuring changes in competitiveness in manufacturing across regions in China. Review of Income and Wealth, 55, 514-537. https://doi.org/10.1111/j.1475-4991.2009.00329.x
• Cruz, M. D. (2023). Labor productivity, real wages, and employment in OECD economies. Structural Change and Economic Dynamics, 66, 367-382. https://doi.org/10.1016/j.strueco.2023.05.007
• Czech Statistical Office [CSO], (2023). Wages - time series. Retrieved from: https://www.czso.cz/csu/czso/pmz_cr [accessed: 06.06.2023].
• Darrat, A. F. (1994). Wage growth and the inflationary process: a reexamination. Southern Economic Journal, 61 (1), 181-190. https://doi.org/10.2307/1060139
• Domash, A. & Summers, L. H. (2022). How tight are U.S. labor markets? Cambridge, MA, USA: National Bureau of Economic Research. https://doi.org/10.3386/w29739
• Government Regulation No. 567/2006 Coll. on the minimum wage.
• Government Regulation No. 531/2021 Coll. on salary rates in Public Services and Administration.
• Hamza, M., Shahid, S., Bin Hainin, M. R. & Nashwan, M. S. (2022). Construction labour productivity: review of factors identified. International Journal of Construction Management, 22 (3), 413-425. https://doi.org/10.1080/15623599.2019.1627503
• Jang, H., Kim, K., Kim, J. & Kim, J. (2011). Labour productivity model for reinforced concrete construction projects. Construction Innovation, 11 (1), 92-113. https://doi.org/10.1108/14714171111104655
• Jordà, Ò. & Nechio, F. (2023). Inflation and wage growth since the pandemic. European Economic Review, 156, 104474. https://doi.org/10.1016/j.euroecorev.2023.104474
• Ministry of Industry and Trade [MIT CZ], (2020). Stavebnictví České Republiky [Construction industry, Czech Republic]. Retrieved from: https://www.mpo.cz/assets/cz/stavebnictvi-a-suroviny/informace-z-odvetvi/2019/11/Stavebnictvi-2019.pdf?fbclid=IwAR19HwPK2dJoHuwaVF_g5N1JlcV3rI9LjKTAIBIXLF97nOuU6V9NN5Zpa8o [accessed: 06.06.2023].
• Ministry of Industry and Trade [MIT CZ], (2023). Retrieved from: www.mpo.cz [accessed: 06.06.2023].
• Ministry of Justice [MJ CZ], (2023). Retrieved from: https://www.justice.cz [accessed: 06.06.2023].
• Naoum, S. G. (2016). Factors influencing labor productivity on construction sites: A state-of-the-art literature review and a survey. International Journal of Productivity and Performance Management, 65 (3), 401–421. https://doi.org/10.1108/IJPPM-03-2015-0045
• Rabušic, L. (2001). Kde ty všechny děti jsou? [Where have all the children gone?]. Praha: Sociologické nakladatelství (SLON). Retrieved from: https://is.muni.cz/publication/382976/cs/Kde-ty-vsechny-deti-jsou/Rabusic [accessed: 06.06.2023].
• Šimková, M. (2016). Sociální a ekonomické aspekty stárnutí populace ČR [Social and economic aspects of population ageing of the Czech Republic] (PhD thesis). Vysoká škola ekonomická v Praze, Praha.
• Smart Stavebnictví (2012). Deloitte Česká republika, SPS v ČR, ÚRS Praha, 2012. Retrieved from: https://www2.deloitte.com/content/dam/Deloitte/cz/Documents/about-deloitte/smart/SmartConstruction_1212_CZ.pdf [accessed: 17.02.2021].