THE IMPACT OF THE DEVELOPMENT OF PERSONNEL COSTS ON THE PROFITABILITY INDICATORS OF ROAD FREIGHT TRANSPORT COMPANIES IN THE CZECH REPUBLIC

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27360%2F22%3A10252106" target="_blank" >RIV/61989100:27360/22:10252106 - isvavai.cz</a>

Výsledek na webu

<a href="https://actalogistica.eu/issues/2022/I_2022_10_Kutac_Janovska_Kutac_Besta.pdf" target="_blank" >https://actalogistica.eu/issues/2022/I_2022_10_Kutac_Janovska_Kutac_Besta.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.22306/al.v9i1.275" target="_blank" >10.22306/al.v9i1.275</a>

Jazyk výsledku

angličtina

Název v původním jazyce

THE IMPACT OF THE DEVELOPMENT OF PERSONNEL COSTS ON THE PROFITABILITY INDICATORS OF ROAD FREIGHT TRANSPORT COMPANIES IN THE CZECH REPUBLIC

Popis výsledku v původním jazyce

The paper&apos;s main objective is to investigate the effects of personnel cost growth between 2014 and 2019 on the profitability of selected large road freight transport companies based on the collection of publicly available data of these transport companies. The first sub-objective of the paper is to conduct the necessary data collection from the financial statements of road freight transport companies with more than 250 workers. The second sub-objective of the paper is to define financial ratios and to assess the impact of personnel cost growth on the profitability of these enterprises. The third sub-objective is to determine the development of selected financial ratios over the period 2014 to 2019 and to evaluate the impact of personnel cost growth on the development of these ratios for selected transport companies. As a result of the fulfilment of these goals, we identified that an increase in personnel cost led in chosen transport companies in the years 2015 - 2016 to a significant decrease in labour productivity in the form of sales per employee and decreased profit. In the years 2017 - 2018, the year-on-year increase in personnel cost slowed down with impact to improved labour productivity and improved profit. In 2019 although another increase in personnel cost occurred, the situation changed, and labour productivity and profit increased. Analysis of these data showed that an increase of labour productivity in the form of sales per employee and profit increase in 2018 and 2019 was done thanks to the increasing price of transportation that covered higher personnel costs.

Název v anglickém jazyce

THE IMPACT OF THE DEVELOPMENT OF PERSONNEL COSTS ON THE PROFITABILITY INDICATORS OF ROAD FREIGHT TRANSPORT COMPANIES IN THE CZECH REPUBLIC

Popis výsledku anglicky

The paper&apos;s main objective is to investigate the effects of personnel cost growth between 2014 and 2019 on the profitability of selected large road freight transport companies based on the collection of publicly available data of these transport companies. The first sub-objective of the paper is to conduct the necessary data collection from the financial statements of road freight transport companies with more than 250 workers. The second sub-objective of the paper is to define financial ratios and to assess the impact of personnel cost growth on the profitability of these enterprises. The third sub-objective is to determine the development of selected financial ratios over the period 2014 to 2019 and to evaluate the impact of personnel cost growth on the development of these ratios for selected transport companies. As a result of the fulfilment of these goals, we identified that an increase in personnel cost led in chosen transport companies in the years 2015 - 2016 to a significant decrease in labour productivity in the form of sales per employee and decreased profit. In the years 2017 - 2018, the year-on-year increase in personnel cost slowed down with impact to improved labour productivity and improved profit. In 2019 although another increase in personnel cost occurred, the situation changed, and labour productivity and profit increased. Analysis of these data showed that an increase of labour productivity in the form of sales per employee and profit increase in 2018 and 2019 was done thanks to the increasing price of transportation that covered higher personnel costs.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

<a href="/cs/project/EF17_049%2F0008399" target="_blank" >EF17_049/0008399: Rozvoj mezisektorové spolupráce RMTVC s aplikační sférou v oblasti výzkumu progresivních a inovací klasických kovových materiálů a technologií s využitím metod modelování</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2022

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Acta logistica

ISSN

1339-5629

e-ISSN

—

Svazek periodika

9

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

SK - Slovenská republika

Počet stran výsledku

9

Strana od-do

99-107

Kód UT WoS článku

000850717900010

EID výsledku v databázi Scopus

2-s2.0-85127947214