Improving the Model of Wages Regulation at Industrial Enterprises Depending on the Level of Productivity and Efficiency of Staff Work in the System of Production Management

• Main Authors: Skrynkovskyy Ruslan M., Sopilnyk Lyubomyr I., Hladun Volodymyr R.
• Format: Article
• Language: English
• Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2019-04-01
• Series: Bìznes Inform
• Subjects: regulation of remunerations at enterprise; material stimulation of labor; labor productivity; labor efficiency; correlation of labor productivity and wages growth; operational (production) management
• Online Access: http://www.business-inform.net/export_pdf/business-inform-2019-4_0-pages-360_365.pdf
• ISSN: 2222-4459; 2311-116X

The object of the research are details of formation, use and improvement of the economic-mathematical model of wages regulation at industrial enterprises depending on the level of productivity and efficiency of staff work in the system of operational (production) management. The main internal variables of enterprise are considered. It is determined that employees are the most important situational factor in the system model of interconnection of internal variables, and therefore their labor should be valuated properly and be adequately paid for. It is identified that in practice there are problems connected with formation and use of applied mechanisms for regulation of wages at industrial enterprises in accordance with the structurally-functional business model of process of formation of systems of material labor incentives. It is determined that one of the main objectives of the system of material incentives at industrial enterprises is ensuring the correlation between quantity, quality, growth of labor productivity and the received wages. The economic-mathematical model of wages regulation at industrial enterprises is improved depending on the level of productivity and efficiency of staff work in the system of production management.