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Choice Substantiation of Effective Method of Personnel Motivation

Journal: Collection of Scientific Works of Kirovohrad National Technical University. Economic Sciences (Vol.32, No. 1)

Publication Date:

Authors : ; ;

Page : 132-139

Keywords : motivation; personnel management; enterprise; effectiveness;

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Abstract

The purpose of the article is to justify the expediency of a deeper study of approaches to justifying the choice of an effective method of motivating staff at the enterprise. Analyze the advantages and disadvantages of the main types of staff motivation, the appropriate limits for the use of each method. The system of indicators of efficiency of separate methods of personnel motivation is substantiated, which allows to comprehensively assessing the main components of the successful operation of the enterprise. These indicators include: labor productivity; coefficients of turnover of young and promising workers; the utilization rate of jobs in the most busy shift; the level of staffing; average wage growth rate due to investing in human capital; the ratio of the average monthly salary of managers and employees; the proportion of employees who received material rewards for their work; the ratio of the growth rates of labor productivity and wages; the proportion of employees working in conditions that do not meet the current sanitary and hygienic standards. For each indicator, an economic interpretation is made of the influence of motivational tools on the dynamics of the values of key labor indicators. The effectiveness of the choice of the method of motivating the staff directly affects the final results of the department's activities, so this aspect of strategic development of the company management should be given enough attention.

Last modified: 2019-12-18 19:13:42