Methodological bases of improvement of labor cost management

The conditions of market and competitive relationships demand special operation rules, where the rate of expenses, the cost of products is of great importance. When competing for a buyer the company that offers good products will win putting more acceptable and attractive price. Variation in expenses, in other words, is the actual data on some expenses, which basically do not change whatever the scale of financial work. At the same time other expenses vary in different degrees. Their importance is in making managerial decisions, in pricing calculations, and in controlling payroll expenses. The emergence of new companies, as a result, generates intense competition, forcing existing organizations to reflect on the loss of some of their own shares of market positions, while not reducing their income. As a result, companies have to take into account production costs and products that are sold. The absence of the analysis of these characteristics makes the life of the company in modern conditions be problematic, and for many companies even impossible. It can happen, because it is the analysis that gives information about production costs and sales of the product. Nowadays, there is a need to find new ways and opportunities to reduce costs, improve accounting methods and manage cost formation processes. The article discusses the issues that make up the methodological basis for improving labor costs. Attention is focused on identifying problems in this area and finding solutions to them.