BUSINESS INFORM №10-2018

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Section: Economics of Construction
UDC 69.003
Ureva S. U., Gnatchenko Y. Y.
The Impact of Salary on the Tendency towards Redistribution of Finance between Expenditure in Construction in 2016–2018 (p. 215 - 220)
As result of researches it is determined, that the level of growth of estimated salary is proportional to the level of index of change of cost of construction works, but differs from it in the direction of reduction. The ratio of these indicators in terms of percentage value is close to the size of estimated profit. The authors concluded that the current level of estimated salary is indeed one of the factors that indirectly impacts the reduction of profits of construction industry. The negative impact on the estimated profit from the reduction of labor costs can be partially compensated by the increase in normative estimated salary. However, the direction of further research should be a revision of the principles of calculating the general production costs, administrative costs and estimated profits, which may have a more significant impact on the redistribution of finance in the construction sphere between cost items, rather than the level of salary.
Keywords: finance in construction, cost of construction, estimated cost, salary, direct expenses, estimated profit, index of value change.
Fig.: 3. Bibl.: 12.

Ureva Svitlana U. – Candidate of Sciences (Economics), Associate Professor, Department of Business Economics, Business Administration and Regional Development, O. M. Beketov National University of Urban Economy in Kharkiv (17 Marshala Bazhanova Str., Kharkіv, 61002, Ukraine)
Email: [email protected]
Gnatchenko Yevgeniia Yu. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Entrepreneurship and Business Administration, O. M. Beketov National University of Urban Economy in Kharkiv (17 Marshala Bazhanova Str., Kharkіv, 61002, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Ureva, Svitlana U., and Gnatchenko, Yevgeniia Yu. (2018) “The Impact of Salary on the Tendency towards Redistribution of Finance between Expenditure in Construction in 2016–2018.” Business Inform 10:215–220.

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