Using the Innovative Forms of Salary Design
Innovative forms and methods of salary design have been researched and developed in order to improve the practice of material motivation of staff and to build an efficient system of achieving the enterprise’s goals. It has been determined that in modern conditions of management the most widespread i...
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Format: | Article |
Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2018-03-01
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Series: | Bìznes Inform |
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Online Access: | http://www.business-inform.net/export_pdf/business-inform-2018-3_0-pages-429_434.pdf |
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author | Petrenko Nataliіa O. |
author_facet | Petrenko Nataliіa O. |
author_sort | Petrenko Nataliіa O. |
collection | DOAJ |
description | Innovative forms and methods of salary design have been researched and developed in order to improve the practice of material motivation of staff and to build an efficient system of achieving the enterprise’s goals. It has been determined that in modern conditions of management the most widespread in the financial-economic terms is flexible remuneration of work, allowing to timely and adequately react to change of productivity of work of employee by individualization of his earnings. On the basis of generalization of scientific theoretical provisions and methodological recommendations, the algorithm of building of a fair system of remuneration of employees of enterprise is proposed. In order to improve the practice of material motivation of staff and to build an efficient system to achieve the goals of enterprise, practical recommendations on application of the system of remuneration based on grades, key efficiency indicators, model of competencies and Kaizen have been developed. It has been summarized that the principles that underlie the grades technology, key efficiency indicators, model of competencies, and Kaizen, open up prospective ways of enterprise development. Application of innovative forms of salary design will provide to create a modern efficient system of motivation of staff, management of competencies and career, and will become the basis for creation of an efficient system of management of human resources of enterprise. |
first_indexed | 2024-12-20T13:00:02Z |
format | Article |
id | doaj.art-f802355bcb31434c9e680885fee379a7 |
institution | Directory Open Access Journal |
issn | 2222-4459 2311-116X |
language | English |
last_indexed | 2024-12-20T13:00:02Z |
publishDate | 2018-03-01 |
publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
record_format | Article |
series | Bìznes Inform |
spelling | doaj.art-f802355bcb31434c9e680885fee379a72022-12-21T19:39:56ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2018-03-013482429434Using the Innovative Forms of Salary DesignPetrenko Nataliіa O.0Candidate of Sciences (Economics), Associate Professor, Department of Management, Uman National University of HorticultureInnovative forms and methods of salary design have been researched and developed in order to improve the practice of material motivation of staff and to build an efficient system of achieving the enterprise’s goals. It has been determined that in modern conditions of management the most widespread in the financial-economic terms is flexible remuneration of work, allowing to timely and adequately react to change of productivity of work of employee by individualization of his earnings. On the basis of generalization of scientific theoretical provisions and methodological recommendations, the algorithm of building of a fair system of remuneration of employees of enterprise is proposed. In order to improve the practice of material motivation of staff and to build an efficient system to achieve the goals of enterprise, practical recommendations on application of the system of remuneration based on grades, key efficiency indicators, model of competencies and Kaizen have been developed. It has been summarized that the principles that underlie the grades technology, key efficiency indicators, model of competencies, and Kaizen, open up prospective ways of enterprise development. Application of innovative forms of salary design will provide to create a modern efficient system of motivation of staff, management of competencies and career, and will become the basis for creation of an efficient system of management of human resources of enterprise.http://www.business-inform.net/export_pdf/business-inform-2018-3_0-pages-429_434.pdfsalaryproductivity of laboremployeegradekey efficiency indicatorsmodel of competenciesKaizen |
spellingShingle | Petrenko Nataliіa O. Using the Innovative Forms of Salary Design Bìznes Inform salary productivity of labor employee grade key efficiency indicators model of competencies Kaizen |
title | Using the Innovative Forms of Salary Design |
title_full | Using the Innovative Forms of Salary Design |
title_fullStr | Using the Innovative Forms of Salary Design |
title_full_unstemmed | Using the Innovative Forms of Salary Design |
title_short | Using the Innovative Forms of Salary Design |
title_sort | using the innovative forms of salary design |
topic | salary productivity of labor employee grade key efficiency indicators model of competencies Kaizen |
url | http://www.business-inform.net/export_pdf/business-inform-2018-3_0-pages-429_434.pdf |
work_keys_str_mv | AT petrenkonataliíao usingtheinnovativeformsofsalarydesign |