Enterprise labor cost budget in 2021 !

Update:Mar 22,2021
Summary: In the post-epidemic period, enterprises attach importance to the dynamic adjustment of labor cost budget. Nearly 90% of enterprises have a relevant ......

In the post-epidemic period, enterprises attach importance to the dynamic adjustment of labor cost budget. Nearly 90% of enterprises have a relevant dynamic adjustment mechanism to monitor and adjust the labor cost budget according to the frequency of semi-annual, quarterly or monthly.

The biggest challenge companies face when budgeting labor costs is the lack of accurate peer averages or indicators to refer to.

Compared with 2020, the total labor cost of enterprises in 2021 is expected to increase, the median market value is 10%, and the increase of personnel staffing and per capita labor cost is both P50 of 5%.