Grading as an Innovative Approach to Labor Remuneration: Science-Based Practical Scenario for High-Tech Enterprises

The aim of the article is to develop a science-based practical scenario and argue the content of the main components of grading as a managerial innovation in designing basic wages in high-tech enterprises. The need to improve managerial approaches to forming an effective wage system as a determinant...

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Main Authors: Herasymenko Oksana O., Herasymenko Hanna V.
Format: Article
Language:English
Published: PH "INZHEK" 2019-09-01
Series:Problemi Ekonomiki
Subjects:
Online Access:https://www.problecon.com/export_pdf/problems-of-economy-2019-3_0-pages-91_99.pdf
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author Herasymenko Oksana O.
Herasymenko Hanna V.
author_facet Herasymenko Oksana O.
Herasymenko Hanna V.
author_sort Herasymenko Oksana O.
collection DOAJ
description The aim of the article is to develop a science-based practical scenario and argue the content of the main components of grading as a managerial innovation in designing basic wages in high-tech enterprises. The need to improve managerial approaches to forming an effective wage system as a determinant of attracting, securing and using human resources of high-tech enterprises is substantiated. The requirements to the development of remuneration systems in a competitive environment are formulated. The argument for the widespread dissemination of the traditional tariff model of remuneration, which has undergone a deep crisis in the market economy, is given. The need to modernize standard wage systems is noted. The quintessence of the article is the implementation of the theoretical and applied aspects of grading as an innovative approach to remuneration in the management practice of high-tech enterprises with consideration for peculiarities of their human resources and labor processes. It is emphasized that the competencies of the personnel of high-tech enterprises form the prerequisites for ensuring their competitive development. Attention is focused on the fact that labor remuneration, as a component of the complex motivational mechanism of high-tech enterprises, combines management tools that stimulate the manufacturing of high-tech products and high-tech services. A set of factors characterizing the significance of positions in high-tech enterprises is formed, which ensures their correlation with the size of wages. Alternative point factor matrices for assessing the significance of works / positions for high-tech enterprises with the same and different number of levels are proposed. A matrix describing the factors for assessing the significance of works / positions is developed. In the context of the effectiveness of wage systems, the feasibility of combining grading and performance management using key performance indicators is noted. The possibility for providing the differentiation and strengthening of individualization of wages is substantiated.
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spelling doaj.art-3237df296c37476581a38276b44e6fd02024-02-02T13:41:30ZengPH "INZHEK"Problemi Ekonomiki2222-07122311-11862019-09-01341919910.32983/2222-0712-2019-3-91-99Grading as an Innovative Approach to Labor Remuneration: Science-Based Practical Scenario for High-Tech EnterprisesHerasymenko Oksana O.0Herasymenko Hanna V.1Taras Shevchenko National University of KyivKyiv National Economic University named after V. HetmanThe aim of the article is to develop a science-based practical scenario and argue the content of the main components of grading as a managerial innovation in designing basic wages in high-tech enterprises. The need to improve managerial approaches to forming an effective wage system as a determinant of attracting, securing and using human resources of high-tech enterprises is substantiated. The requirements to the development of remuneration systems in a competitive environment are formulated. The argument for the widespread dissemination of the traditional tariff model of remuneration, which has undergone a deep crisis in the market economy, is given. The need to modernize standard wage systems is noted. The quintessence of the article is the implementation of the theoretical and applied aspects of grading as an innovative approach to remuneration in the management practice of high-tech enterprises with consideration for peculiarities of their human resources and labor processes. It is emphasized that the competencies of the personnel of high-tech enterprises form the prerequisites for ensuring their competitive development. Attention is focused on the fact that labor remuneration, as a component of the complex motivational mechanism of high-tech enterprises, combines management tools that stimulate the manufacturing of high-tech products and high-tech services. A set of factors characterizing the significance of positions in high-tech enterprises is formed, which ensures their correlation with the size of wages. Alternative point factor matrices for assessing the significance of works / positions for high-tech enterprises with the same and different number of levels are proposed. A matrix describing the factors for assessing the significance of works / positions is developed. In the context of the effectiveness of wage systems, the feasibility of combining grading and performance management using key performance indicators is noted. The possibility for providing the differentiation and strengthening of individualization of wages is substantiated.https://www.problecon.com/export_pdf/problems-of-economy-2019-3_0-pages-91_99.pdfhigh-tech enterpriseremunerationbasic salarygradesgradingpoint factor matrix
spellingShingle Herasymenko Oksana O.
Herasymenko Hanna V.
Grading as an Innovative Approach to Labor Remuneration: Science-Based Practical Scenario for High-Tech Enterprises
Problemi Ekonomiki
high-tech enterprise
remuneration
basic salary
grades
grading
point factor matrix
title Grading as an Innovative Approach to Labor Remuneration: Science-Based Practical Scenario for High-Tech Enterprises
title_full Grading as an Innovative Approach to Labor Remuneration: Science-Based Practical Scenario for High-Tech Enterprises
title_fullStr Grading as an Innovative Approach to Labor Remuneration: Science-Based Practical Scenario for High-Tech Enterprises
title_full_unstemmed Grading as an Innovative Approach to Labor Remuneration: Science-Based Practical Scenario for High-Tech Enterprises
title_short Grading as an Innovative Approach to Labor Remuneration: Science-Based Practical Scenario for High-Tech Enterprises
title_sort grading as an innovative approach to labor remuneration science based practical scenario for high tech enterprises
topic high-tech enterprise
remuneration
basic salary
grades
grading
point factor matrix
url https://www.problecon.com/export_pdf/problems-of-economy-2019-3_0-pages-91_99.pdf
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