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Balanced Scorecard Remuneration Practices in LLC «Baikal Furniture Manufacturing Combine»

Journal: Business Education in the Knowledge Economy (Vol.2, No. 2)

Publication Date:

Authors : ;

Page : 91-95

Keywords : application of Balanced Scorecard in Manufacturing business; Human Resources; Work Efficiency; Salaries and Wages formation;

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Abstract

This paper is aimed to analyze the current wages system in «BMK, LLC, manufacturing company that produces furniture from precious wood, and develop a new, efficient wages system based on balanced scorecard. The author presents a detailed analysis of the company's current wages system and provides her recommendations to a sales manager for the improvement of the remuneration system based on Balance Scorecard.

Last modified: 2017-10-07 20:34:54