Relationship of the Staff Motivation and the Efficiency of Labor Costs
Journal Title: Бізнес Інформ - Year 2015, Vol 6, Issue 0
Abstract
The article is aimed at studying the economic substance of categories such as «motive», «stimulus», «motivation» and «stimulation». The author has substantiated that formation of motives is typical only for human under exposure to conscious needs, and that stimuli arise, resulting from the human relationships with the environment. Special attention is given to the structure of payroll fund, namely, permanent and variable labor costs. It has been determined that the variable labor costs, unlike the permanent labor costs, are related to the performance of employees and affect their motivation. As result of the study, composition of the permanent and variable labor costs has been improved, effectiveness of the latter in the implementation of the stimulating function has been proved theoretically. It is emphasized that the variable part of payroll fund turns wage into element of stimulation at enterprise. It has been recommended to industrial enterprises that attention be given to enhancing effectiveness of the allocation of labor costs through the increase of the variable costs share in their structure. Prospect of further research is an in-depth analysis, by using economic-mathematical apparatus, of both payroll fund and its impact on efficiency of the production activity of industrial enterprises.
Authors and Affiliations
Olha Sukach
Keywords
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