OPTIMIZATION OF SALARY CALCULATIONS AND EMPLOYEES’ LABOUR PRODUCTIVITY STIMULATION AT THE ENTERPRISE
Journal Title: Baltic Journal of Economic Studies - Year 2017, Vol 3, Issue 1
Abstract
The purposes of the paper are: the detailed analysis of salary calculations, the evaluation of the effectiveness of employees’ work, the development of optimizing mechanisms of salary calculations by increasing productivity and implementation of the methods of employees’ labour stimulation. Methodology. The study is based on an analysis of different groups of enterprises, including agricultural ones. It is analysed that for today the efficiency of labour at some enterprises drops due to low wages and the lack of employees’ motivation mechanism. Results. The study found that the process of salary calculations has a lot of problematic aspects, such as a deficient work organization, insufficient stimulation of workers, poorly composed documents, etc. To improve such a situation, it is suggested an introduction of automation in order to reduce the wasting of working time for data processing of an accounting department and to improve significantly the quality and speed of information transfer to the head of an enterprise and external users. It is offered to use a labour ball to improve employees’ motivation, which is a form of accounting for the work varying on quality and quantity that was contributed to production. According to the scoring results, a mechanism of bonuses for employees is suggested. Practical implications. We suggested entering new documents to control the number of issued orders – “Registration Book of Issued Orders”. To provide a high level of quality control of executed works, it is suggested to display data in a special primary document “Record Sheet of Performance Quality”. It is offered to use partial salary payment for unprofitable enterprises through payment in kind. Value/originality. At first, the results will allow increasing the firm’s performance quality without losing employees, and subsequently – allow increasing the profitability of the enterprise.
Authors and Affiliations
Olha Odnoshevna
Keywords
Related Articles
- EP ID EP497376
- DOI 10.30525/2256-0742/2017-3-1-64-68
- Views 90
- Downloads 0
ESTABLISHING THE RATIO OF CONCEPTS OF COUNTERACTION TO LEGALIZATION (LAUNDERING) OF ILLEGALLY-OBTAINED INCOME AND COUNTERACTION TO THE SHADOW ECONOMY: THE IMPORTANCE FOR DETERMINING PERFORMANCE INDICATORS OF THE EUROPEAN INTEGRATION PROCESSES
The vast majority of reports from governments of the European Union member states and applicants for such membership contain a separate provision on ensuring their effectiveness in the system of combating money launderin...
LEGAL REGULATION OF ADAPTATION OF THE NATIONAL LEGISLATION OF UKRAINE TO THE EU LEGISLATION (ACQUIS COMMUNAUTAIRE) IN THE FIELD OF PUBLIC SERVICE
The purpose of the paper is to analyse the concept of a system, to consider the essence of systems theory in lawmaking. Methodology. On the basis of the analysis of components of legal relations in the field of public se...
PROBLEMS OF BANKING LEGAL RELATIONSHIPS
In modern conditions of management, the aspects of ensuring the stability of banks and the development of the banking system of Ukraine are of particular importance. During 2014-2017 in our country, 88 banks were recogni...
NATIONAL ECONOMIC SECURITY: AN ECONOMIC AND LEGAL FRAMEWORK FOR ENSURING IN THE CONDITIONS OF THE EUROPEAN INTEGRATION
The purpose of this article is to characterize legal and economic basis for ensuring national economic security in the conditions of Ukraine’s entry into a common European economic and political space. This article analy...
THE MARKETING ROLE IN IMPROVING THE COMPETITIVENESS OF THE REGION
The research objective is the sight of theoretical aspects formulation and prediction of competitiveness of regions within the framework of modern marketing positions. The evolution, programs, strategies, and factors of...