Application of linear programming in budgeting costs for the compensation of employees

Abstract

© MCSER-Mediterranean Center of Social and Educational Research. The article contains a theoretical and methodological aspects of budgeting expenditures on compensation of employees based on the determination of optimal values of the limited financial resources of the company. We propose a logical organization of budgeting the expenditures using linear programming. Recommended are calculations and measures to control the cost of remuneration in accordance with the objectives of the company.