Journal of Jishou University(Social Sciences) ›› 2000, Vol. 21 ›› Issue (1): 45-47.

• Economics • Previous Articles     Next Articles

On Principles of Estimation of Payment for Managerial Labour——An Analysis of Value of Managerial Action

  

  1. ( Economic Department of Jishou University , Jishou, Hunan  416000)
  • Online:2000-03-01 Published:2012-11-04

Abstract: Management is a valuable action which can be measured. Payment for managers is intrinsically decided by their magnitude of value indirectly formed by managerial action.This magnitude should be estimated from both budgetary and real value.The budgetary value calculated by magnitude of job responsibility decides probable standard of payment.The real payment of managers must be adjus ted according to their action value.Therefore, an appropriate system of restraint and measurement of value is indispensable.

Key words: labor wage;action value, magnitude of job responsibility

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