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Tools for labor cost estimation in international project teams

Author

Listed:
  • Sandra Ludynia-?ak

    (Doctoral School of Social Sciences, Jagiellonian University)

  • Adam Fularski

    (Doctoral School of Social Sciences, Jagiellonian University)

Abstract

Estimating labour costs in international projects is crucial for effective resource management. Differences in salaries, economic conditions, legal regulations, exchange rates and cultural norms require the use of advanced and flexible tools. The aim of this article is to analyse the available methods and tools for estimating labour costs and to assess their effectiveness in the context of cross-border cooperation. The research was based on interviews with international project managers, which allowed us to identify practical challenges and needs related to improving the tools used. The results will be used to develop more precise solutions to support labour cost management in international project teams.

Suggested Citation

  • Sandra Ludynia-?ak & Adam Fularski, 0000. "Tools for labor cost estimation in international project teams," Proceedings of Economics and Finance Conferences 15316649, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iefpro:15316649
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    Keywords

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    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

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