Improving incentives for workers in the context of stabilization and development company

Abstract

Purpose. This article investigates the models of personnel management of an enterprise. The article aims to study the peculiarities and to form an effective system of personnel management of an enterprise in the context of stabilization and development company.

Methods. The dialectical method of cognition, complex methods of synthesis, abstraction, generalization, and explanation, the fundamental aspects of the concept of sustainable development enterprise, personnel management and improving incentives for workers have become the methodological basis of the study.

Results. The article examines the theoretical and methodological aspects of stimulation of workers of the company in the context of stabilization and development enterprises. Personnel incentives are extremely important for enterprise. The company can use various forms of employee motivation, such as financial incentives, awards, etc. The study of the peculiarities of the personnel management system at an enterprise involves determining the ratio of labour productivity growth rates and growth rates of the average salary of the enterprise's personnel. To ensure expanded reproduction, stabilization and development company, and obtaining the required amount of profit and profitability, labour productivity growth rates must outpace the growth rates of wages of the enterprise's personnel. If this principle does not apply, then there is an overspending of the labour remuneration fund, an increase in production costs and, accordingly, a decrease in the amount of profit. A rationale approach to stimulate workers with a focus on performance or outcome. To improve the system of personnel management at the enterprise, a multilevel measurement of the result can be applied, namely, the Weizmann measurement of the result.

Conclusions. It is proposed to implement additional material means of motivating employees at the enterprises, using the Weizmann result measurement, which will lead to an increase in labour productivity.