Personnel changes and labor productivity in regulatory budget monitoring

Abstract

Abstract The introduction of high-tech solutions leads to a change in the format and content of almost any work, as well as a rethinking of approaches to staff planning. There is a need for a special financial and economic analysis of the object and preparation of key financial indicators standards for business planning. This calculation is based on the results of an external financial analysis without taking into account planned changes in the personnel of the enterprise and options for increasing labor productivity. The goal of the research is to propose a methodology and apply in practice for external financial analysis and calculation of the regulatory budget, taking into account the forecast of personnel changes and growth in labor productivity. To develop a business plan for the withdrawal of the enterprise from the crisis, it is necessary to have a regulatory framework for planned financial and economic indicators of the company’s development. The article proposes a methodology for the development and monitoring of such indicators in the form of a “normative budget, taking into account the forecast of personnel changes and productivity growth”, tested by the authors in real situations. The authors recommend the development of a regulatory budget for this on the basis of the monitoring model “to cover the necessary net profit and dividend payments, taking into account the forecast of personnel changes and growth in labor productivity.”