marginal wage cost

简明释义

边际工资费用

英英释义

例句

1.The CEO emphasized that understanding the marginal wage cost 边际工资成本 could lead to better strategic planning.

首席执行官强调，理解marginal wage cost 边际工资成本可以带来更好的战略规划。

2.When analyzing the budget, the finance team focused on the marginal wage cost 边际工资成本 to determine the feasibility of expanding the workforce.

在分析预算时，财务团队专注于marginal wage cost 边际工资成本以确定扩展劳动力的可行性。

3.The company decided to hire more staff after calculating that the marginal wage cost 边际工资成本 of adding each new employee was lower than the expected increase in productivity.

公司决定雇佣更多员工，因为计算出增加每位新员工的marginal wage cost 边际工资成本低于预期的生产率提升。

4.In a competitive labor market, knowing your marginal wage cost 边际工资成本 helps attract top talent without overspending.

在竞争激烈的劳动力市场中，了解你的marginal wage cost 边际工资成本有助于吸引顶尖人才而不至于超支。

5.Understanding the marginal wage cost 边际工资成本 is crucial for making informed hiring decisions.

理解marginal wage cost 边际工资成本对于做出明智的招聘决策至关重要。

作文

In the realm of economics and business, various concepts are essential for understanding how organizations operate and make decisions. One such concept is marginal wage cost, which refers to the additional cost incurred by a company when it hires one more employee or increases the hours of an existing employee. Understanding this concept is crucial for businesses as it directly impacts their hiring decisions, budgeting, and overall financial health.To elaborate on marginal wage cost, let us consider a hypothetical scenario. Imagine a small manufacturing company that produces furniture. This company has a workforce of ten employees, each earning a salary of $40,000 per year. The company has been experiencing increased demand for its products and is contemplating hiring an eleventh employee to keep up with production needs. Before making this decision, the management must evaluate the marginal wage cost associated with this new hire.The marginal wage cost includes not only the salary of the new employee but also additional expenses such as payroll taxes, benefits, and training costs. For instance, if the salary for the new employee is $40,000, and the company estimates that payroll taxes and benefits will add another 30% to the cost, the total marginal wage cost would be approximately $52,000. This figure represents the true financial impact of hiring an additional worker.Understanding marginal wage cost is vital for several reasons. Firstly, it helps businesses determine whether they can afford to expand their workforce based on current revenue projections. If the anticipated increase in production does not cover the marginal wage cost, the company may need to reconsider its hiring strategy. Secondly, it allows companies to analyze the productivity of their employees. If the output generated by the new hire exceeds the marginal wage cost, it could be a worthwhile investment.Moreover, the concept of marginal wage cost plays a significant role in labor market dynamics. When companies understand their marginal wage cost, they can make informed decisions about wage levels and employment practices. For example, if many firms in a region face high marginal wage costs, they might collectively decide to reduce hiring or automate certain processes to control expenses. Conversely, if marginal wage costs are low, it may lead to increased hiring and competition for workers, ultimately driving wages up.In conclusion, the concept of marginal wage cost is a fundamental aspect of economic decision-making within businesses. It encompasses not only the direct salary of an employee but also the associated costs that come with hiring. By comprehensively understanding marginal wage cost, companies can make better-informed decisions regarding their workforce, ensuring sustainable growth and profitability in an ever-changing economic landscape.

在经济和商业领域，各种概念对于理解组织的运作和决策至关重要。其中一个概念是边际工资成本，它指的是公司在雇佣一名新员工或增加现有员工工作时间时所产生的额外成本。理解这一概念对企业至关重要，因为它直接影响到招聘决策、预算和整体财务健康。 为了详细阐述边际工资成本，让我们考虑一个假设场景。想象一家小型制造公司，生产家具。该公司拥有十名员工，每年薪水为40,000美元。由于产品需求增加，该公司正在考虑雇佣第十一名员工以满足生产需求。在做出这一决定之前，管理层必须评估与新员工相关的边际工资成本。 边际工资成本不仅包括新员工的薪水，还包括额外的费用，如工资税、福利和培训成本。例如，如果新员工的薪水是40,000美元，而公司估计工资税和福利将使成本增加30%，那么总的边际工资成本大约为52,000美元。这个数字代表了雇佣额外工人的实际财务影响。 理解边际工资成本至关重要，原因有几个。首先，它帮助企业根据当前收入预测确定是否能够承担扩展员工队伍的费用。如果预期的生产增长无法覆盖边际工资成本，公司可能需要重新考虑其招聘策略。其次，它使公司能够分析员工的生产力。如果新雇员所产生的产出超过边际工资成本，这可能是一个值得投资的选择。 此外，边际工资成本的概念在劳动市场动态中也发挥着重要作用。当公司了解其边际工资成本时，可以就工资水平和雇佣实践做出明智的决策。例如，如果某个地区的许多公司面临高边际工资成本，它们可能会共同决定减少招聘或自动化某些流程以控制费用。相反，如果边际工资成本较低，可能会导致招聘增加和对工人的竞争，从而最终推动工资上涨。 总之，边际工资成本的概念是企业经济决策中的基本方面。它不仅涵盖了员工的直接薪水，还包括与雇佣相关的费用。通过全面理解边际工资成本，公司可以更好地做出有关其劳动力的决策，确保在不断变化的经济环境中实现可持续增长和盈利能力。