A Payment Optimization Model Based on Social Insurances and Housing Fund ()
ABSTRACT
Payment optimization has been a concern of the corporate and academic. This article discusses the four conditions of the social insurances and the housing fund as a kind of benefit. The goal is to maximize the employee’s benefits. And the cardinal factors of compensation, such as monthly salary and the year-end bonus, are took into account as an entire. This paper takes into account the impact of social insurances and the housing fund on labor cost. It makes labor cost as a constraint to construct the compensation optimization model. And this paper takes the actual data of M company as an example. This paper makes up for the deficiency of social insurances and the housing fund in the field of tax planning. It has instructive points in the controlling of labor cost and incentive.
Share and Cite:
Cui, H. (2017) A Payment Optimization Model Based on Social Insurances and Housing Fund.
Journal of Human Resource and Sustainability Studies,
5, 134-144. doi:
10.4236/jhrss.2017.52013.
Cited by
No relevant information.