Płace godziwe jako zasada zachowania kapitału ludzkiego
Fair wages as the rule of keeping of the human capital

Summary/Abstract: This text was aimed at showing the analytical production function compliant with the nature of cost accounting. This conception draws on the observation of the nature of product manufacturing processes and it determines the value of manufactured products as a composition of the cost of labour, the remaining costs and the cost of risk. An employee spends his energy to perform a job, which means – in economic terms – that his human capital is transformed into the products of his work. The employer uses the employee's capital and is obliged to compensate for the cost of this capital. The natural theory of the flat pay is a derivative of the measurement of the individual capital gathered by an employee and of the theory of employee's capital decrease rate. The latter theory claims that the depreciation rate of the capital embodied in an employed person is equal to 8%. Balancing and possible increase of the capital should reach the level of 8% of the human capital. Therefore, the flat pay is justified and differentiated by the employee's capital, while the incentive bonuses, as they are dependent on periodic results of an organization unit, may be analyzed by means of the analytical production function. The level of payment for human capital can be assessed within the framework of accountancy and reporting system, which has been shown in this text.

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