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Economy, finances, management: Topical issues of science and practical activity

space SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 4 (32)

Published: 2018.05.23
DOI: XX.XXXXX/XXXXXXXXXXXXX


Description:
The magazine deals with the problems of the agricultural sector of the economy in the context of integration and processes of globalization. Attention is paid to the issues of development of digital economy, rural territories, technologies of enterprise management and organization of accounting, problems of legal support of economic processes, market tendencies of development of various branches of economy. Particular attention is paid to green tourism as a promising segment of the national economy.

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ANALYSIS OF EMPLOYEES COMPENSATIONS IN INCREASE OF MOTIVATION AND PERSONNEL STIMULATION OF THE ENTERPRISE

DOI: XX.XXXXX/XXXXXXXXXXXXX
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LEVYTSKA Inna – Вoctor of Economic Sciences, Professor, Head of the Department of Management of Foreign Economic Activity, Hotel and Restaurant Business and Tourism, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Soniachna Str., e-mail: inna_levytska@ukr.net). KLYMCHUK Aliona – Candidate of Economic Sciences, Associate Professor of the Department of Economics, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Solnyachna Str., e-mail: alena_klumchyk@ukr.net).

Annotation

The article is devoted to the analysis of salary as the basis for stimulation and improving personnel motivation at the enterprise. Despite the significant achievements in solving the issues of providing the effectiveness of personnel motivation and stimulation system, additional study of salary analysis at domestic enterprises in regions and in Ukraine as a whole is needed. The purpose of this study is the salary analysis as the main component of increasing the personnel motivation and stimulation at the enterprise.

The comparative analysis of the indicators allowing to assess the availability of workers by the workplaces and the level of salary at industrial enterprises in Khmelnytskyi and Vinnytsia regions and in Ukraine as a whole is carried out. The role of salary in improving personnel motivation and stimulation at the enterprise is investigated.

On the basis of the analysis of the size of compensation it is proposed to use bonuses and allowances as a stimulation method for personnel, which will lead to creation of an effective motivational environment at the enterprise. Due to the implementation of measures aimed at forming an effective mechanism of personnel motivation and stimulation at the enterprise, it is possible to improve the economic and financial results of economic activity.

Therefore the main condition for the successful development of any enterprise is to increase the employees motivation and to introduce effective methods of their stimulation, that is to provide conditions that would guarantee the workers necessary standard of living through their work, what leads to the implementation of reproductive, regulatory and stimulating functions of salary.

Consequently, due to proper personnel stimulation, the enterprise actually increases its productivity in the future in the case that the incurred expenses for the payment of premiums, bonuses, allowances, compensatory payments, etc. are less than the profits gained as a result of motivated employees productivity increase.

Keywords: salary, motivation, stimulation, personnel, employee, enterprise.

List of references

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About journal

Topics of the journal:

051 Economics

071 Accounting and taxation

072 Finance, banking and insurance

073 Management

075 Marketing

076 Business, trade and exchange activities

241 Hotel, restaurant and catering 

281 Public administration

 

Key information:
ISSN (print): 2411-4413
DOI: 10.37128

The journal “Economy, finances, management: Topical issues of science and practice” is included in the "List of Scientific Professional Editions of Ukraine". 

The scientific edition is assigned the Category "Б" in the field of economics in specialties 051, 071, 072, 073, 075, 076, 241, 281

(Order of the Ministry of Education and Science of Ukraine No. 249, March 17, 2020).

The journal “Economy, finances, management: Topical issues of science and practice” has a Digital Object Identifier (DOI)

The journal “Economy, finances, management: Topical issues of science and practice” is indexed in such database as Index Copernicus Value (https://journals.indexcopernicus.com/search/form)

 

The editorial board of the journal is guided by the principles of scientific, objectivity, professionalism, informational support of the most significant innovative researches, observance of standards of publishing ethics.

The purpose of the journal "Economics, finances, management: Topical issues of science and practical activity» is the coverage of leading scientific ideas in the economic, financial and management activities of the sectors of the national economy and the involvement of representatives of the domestic and foreign scientific professional community.

 

Objectives of the journal:

  • publication of research findings on innovation in the economy, financial and management spheres, innovation of production processes;
  • expanding partnerships with international scientific publishing organizations;
  • enhancing the culture of reviewing and annotating published material;
  • adherence to editorial ethics.

 

Article publishing is a paid service. Cost for printing in professional publications in accordance with the Decree of the Cabinet of Ministers of Ukraine of August 27, 2010 No. 796 "On approval of the list of paid services that can be provided by state educational institutions, other institutions of the educational system belonging to state and communal ownership" and the order Rector of the Higher Education University Mazura VA dated March 14, 2018 No. 93 “On setting the cost of printing in professional editions of the University”.

The cost of printing one page in professional editions of the university is 60 UAH.

An additional copy of the magazine with the mailing list costs 250 UAH.

Recipient: Vinnytsia National Agrarian University MFO 820172 Current account No. 31256282102055 Code 00497236 Bank State Treasury Service of Ukraine, Kyiv. VAT payer code 004972302286. Registration number 100271744. Purpose of payment: for printing an article in the journal: ”Economy, finances, management: Topical issues of science and practical activity "

History of journal:

It was founded in 1997 under the name "Bulletin of the Vinnytsia State Agricultural Institute". In 2010-2014 he was published under the title “Collection of scientific works of Vinnitsa National Agrarian University”.

From 2015 ”Economy, finances, management: Topical issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 of PR as of December 31, 2014)

The journal is the successor to the edition ”Collection of Scientific Papers of Vinnytsia National Agrarian University. Series: Economic Sciences. "