Mechanism of effective formation of income of staff of the enterprise

Purpose. The purpose of the article was to investigate the efficiency of income generation of staff of agricultural products processing enterprises in Zhytomyr region by applying cluster analysis. To meet the goal, the following tasks were set: to define the essence of the «mechanism of formation», to adapt this concept to the income of staff, to group the producers of processing agricultural products by various factors for carrying out factor analysis and to draw up appropriate conclusions. Methodology / approach. Theoretical and methodological basis of scientific research were the works of domestic and foreign scientists on the mechanism of income generation of employees of the enterprise. The following methods of scientific research were used to solve these tasks: analysis and synthesis; statistical and economic; cluster analysis; generalization and idealization. Results. The results of the cluster analysis made it possible to determine the competitive position of each analyzed enterprise depending on which cluster it belonged to. In addition, the clustering of enterprises helped to determine the benefits of generating staff income more precisely as it was based on relative indicators. The use of methodological provisions of conduction of the cluster analysis of the mechanism of formation of income of the personnel of enterprises promoted the implementation of methods of qualitative strategic management in order to gain competitive advantages in the field of agricultural products processing, and also enabled the top management of the enterprise to ensure the optimal structure of staff income and, thus, to solve the perspective and current tasks of enterprise financial results distribution and expenses formation. Originality / scientific novelty was in the sphere of formation of the algorithm for conducting a cluster analysis of the formation of enterprise staff income and in development of recommendations for implementing such a mechanism for agricultural products enterprises in Zhytomyr region. Practical value / implications. The clustering of agricultural products enterprises in Zhytomyr region makes it possible to expand the inter-firm flow of ideas and information on the optimal formation of staff income.