The issue of wages in a selected company

The aim of this bachelor thesis is to analyse labour costs in accounting, determine their influence on calculation of corporate income tax and suggest possible solutions to optimize these costs. The theoretical part presents basic terminology, wage regulations and other wage matters which are used further in the practical part. The practical part aims at labour costs and the system of remuneration of employees in a selected accounting entity. This part includes bonuses, benefits, rewards and other job benefits that are provided in the accounting entity. The data analysed in the practical part are gathered from internal sources of the company in the form of personal meeting and a subsequent interview with the personal manager. The selected company produces plastic pipes and currently it employees around 1 500 employees. Various schemes of job perks are used to calculate and determine an optimum level of labour costs. The result of this analysis is an evaluation of the scheme in terms of corporate income tax and a selection of the most beneficial option for the company in question