Systems of Rewards for Employees: Foreign Experience
Journal Title: Бізнес Інформ - Year 2015, Vol 4, Issue 0
Abstract
The article is aimed to develop proposals for improving the system of rewards for employees at the enterprises of Ukraine on the basis of the carried out analysis of approaches to establishing systems of rewards in foreign countries. Analysis, systematization and generalization of scientific works of foreign scientists were conducted, approaches: american, european, and japanese - to establishing systems of rewards for employees depending on motivation were considered. A characteristic of foreign approaches has been presented. In the absence of a uniform approach to establishing systems of rewards for employees at the enterprises of Ukraine, usefulness of the existing foreign experience has been proven. It has been proposed to use an integrated approach to establishing systems of rewards for employees, which integrates financial and non-financial forms of remuneration to staff: salaries, social programs, including programs to support a balance between work and life, recognition of merit and work, development and self-fulfillment. Implementation of the proposals would resolve such important issues as highly productive labor, improving the efficiency of production, addressing the problems of socio-cultural and qualification levels of workers.
Authors and Affiliations
Eleonora Geyer, Yuliia Shtyk
Keywords
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