Methods for reducing staff costs

In today's highly competitive environment, methods of reducing personnel costs are of particular importance, since remuneration accounts for a significant share of the organization's costs. Namely, the effectiveness of the functioning and successful positioning of a commercial organization in the market depends on the correct accounting of payroll transactions and the organization of settlements with personnel, as well as on the optimization of this cost item. Today, there is a need to find new ways and opportunities to reduce costs, improve accounting methods and manage the processes of cost formation. The article comprehensively examines the methods of reducing personnel costs. Attention is focused on identifying problems in this area and finding solutions to them.