Study On The Determining And Monitoring Of Human Resource Cost In Automobile Manufacturing Enterprise

Automobile manufacturing industry plays a key role in the national economydevelopment. However, due to the growth in domestic consumption and constantpenetration of foreign automobiles into domestic market, automobiles manufacturingenterprises are faced with increasingly severe competition. Human resourcemanagement and cost control are important contents for enterprise management.Likewise, talent acquisition and human resource cost management serve as theimportant influence factors of acquiring advantageous competitive position forautomobiles manufacturing enterprises. Human resource cost management is part andparcel of cost management and the cost can directly reflect the distribution ofemployees’ revenue, thus, human resource cost management is an essential means andmethod in handling and coordinating the relation between employees and employers.The cost for human resource management in automobile manufacturing enterprisesincludes not only the employees’ compensation, but also some relevant expense suchas employees’ enrollment and their career development. It’s unwise to adopt extremeeconomy for human resource cost control and management in automobile manufacturingenterprises. Instead, it should be based on the full consideration of the input and outputof the cost, thus reasonably determining and controlling the cost.The paper, based on real background of the development of automobilesmanufacturing industry and its cost and relevant theory of human resource cost, proposesa reasonable reference method for the determination of output costs and providesrelevant methods to monitor human resource costs for automobiles manufacturingenterprises. Based on the interpretation of human resource cost calculation and thesystem establishment of relevant financial statements of human resource cost byapplying the comparison of the cost, it determines the level of input cost by utilizingenterprises’ production functions innovatively and monitor the human resource costcomprehensively according to the monitoring index system. Then, given the monitor outcomes and the attributions of human resource cost, it also puts forward to somepolicies and advice for human resource cost management.Finally, the paper points out the problems that are needed to solve, that is, themeasure problem of the opportunity cost of human recourse and the uncertainty aboutthe cost. The level of input cost of human resource and the strategy of its managementin automobiles manufacturing enterprises need further research and practice. It isconvinced that in the future, the automobiles manufacturing enterprises can bring abouta huge boost for its cost control. Its increase in economic sectors and the realization ofstrategy depending on the increasingly advanced theory and the cost data analysis.