Foreign Experience of Using the Organization’s Motivation and Incentive System

Kondratenko, N. O.; Волкова, М. В.; Mahomedova, M. А.

doi:10.32983/2222-4459-2019-12-414-420

Cited by 2 publications

(2 citation statements)

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“…In the works of many scientists [1, 8 -13] it is noted that in modern conditions stimulation of top managers' work is one of the determining functional components of enterprise management and its development. This is explained by the increasing role of the human factor in ensuring the company's competitiveness, its effective activity both on internal markets and on external ones [8,12]. Formation of the mechanism of motivation and economic stimulation of personnel will have a positive impact on labor efficiency, and it will be reflected in all business processes and results of enterprise activity, and, consequently, will allow increasing its profitability and profitability.…”

Section: Analysis Of Publicationsmentioning

confidence: 99%

Determination of Priority Qualitative Factors of Stimulation of the Work of Enterprise Top Managers

Malyarets

Filatov²,

Tutova³

2022

ITSSI

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The article is devoted to substantiation of the main subjective qualitative factors which are typical for labor incentives of managers of the strategic level of enterprises management, and which it is reasonable to take into account while developing the system of economic incentives of their activity, since basing and determination of the incentives amount only on the statistical objective information is not able to influence significantly the final results of top-managers work. The purpose of the article is to identify priority qualitative factors of influence on the process of economic stimulation of the activity of top managers of industrial enterprises and their quantitative interpretation based on the combination of qualitative assessments into an integral indicator. The tasks of the article are the analysis of the results of the survey of top managers on individual qualitative factors of influence on their motivation, the definition of statistical relationships between factors, determining the explicit and latent trends in the dynamics of these factors, the calculation of the integral indicator of the impact of the identified significant factors, the formation of methodological support to identify priority qualitative factors of economic incentives performance of top managers of industrial enterprises. The object of the article is the process of economic stimulation of the results of activity of top managers of industrial enterprises. The subject of the article is the theoretical provisions, methodological support, and practical proposals for economic incentives for managers of the strategic level of administration at industrial enterprises. Methods. To achieve the goal, the article used the following basic general and special research methods: theoretical generalization, questionnaire survey, descriptive statistics tools, Spearman rank correlation coefficient, multivariate factor analysis, method for calculating the integral index of qualitative factors of managers' labor stimulation, graphical method. Results. The results of the study are: the scientific achievements of the predecessors on the formation and use of performance indicators of enterprises as indicators of incentives for top managers; surveyed top managers of industrial enterprises regarding their opinions on the main factors influencing the performance of their own activities; proved the relationship of influence factors on the incentives of top managers presented in the questionnaire; clear and latent tendencies of interrelation of factors of influence on productivity of managers of strategic level of the enterprises are revealed; the integrated indicator of qualitative factors of stimulation of work of managers is defined, quantitative values of which have proved existence of insufficient account of factors on process of stimulation. Conclusions. As a result of determining the relationship between the qualitative factors influencing the economic incentives of top managers developed methodological support, which differs: the content of qualitative factors; analysis of the structure of the studied set of arrangements of answers of experts using the tools of descriptive statistics; assessment of the closeness of the relationship between qualitative factors of economic incentives for top managers in the dynamics; assessment of the consistency of the answers of experts in the dynamics; identification of latent factors of economic stimulation of top managers; analytical method of developing an integrated quality indicator of economic stimulation for top managers.

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Section: Analysis Of Publicationsmentioning

confidence: 99%

Determination of Priority Qualitative Factors of Stimulation of the Work of Enterprise Top Managers

Malyarets

Filatov²,

Tutova³

2022

ITSSI

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“…In the past studies, articles have been using various high technology enterprises in China as examples to analyze the problems that exist in the equity incentive system on the basis of the hightech enterprises that are put forward to optimize the method of equity incentive scheme as well as high and new technology enterprise effective play to the advice of equity incentive system for hightech enterprises to retain the core technology talent, innovation incentive mechanism [1,2].…”

Section: Introductionmentioning

confidence: 99%

Analysis of the development of the Big Five companies in the movie industry

Li¹

2022

HBEM

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Power Warner Bros. Discovery, Inc. is an American multinational mass media and entertainment conglomerate. The company was formed through the merger of WarnerMedia and Discovery, Inc., completed on April 8, 2022. Based on my studies on the equities of directors of this company, I learnt and observed that there is a certain connections between the non-employee directors’ salaries and the performance of the company since there might be a incentive mechanism in the payment system, By analysing the performance of Warner Bros Disc and several other leading companies in the industry by using Porter’s Five Forces model and a table that visually shows the trend of change of the salaries of the directors, I got a conclusion that the companies listed in my study have long-term sustainability to develop in the movie industry and the assumption has been proved. Moreover, there is a positive relevance between the non-employee directors’ salary structure and the strength and potential of a company that as the compensation policy tends to be less performance-based.

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Foreign Experience of Using the Organization’s Motivation and Incentive System

Cited by 2 publications

References 0 publications

Determination of Priority Qualitative Factors of Stimulation of the Work of Enterprise Top Managers

Determination of Priority Qualitative Factors of Stimulation of the Work of Enterprise Top Managers

Analysis of the development of the Big Five companies in the movie industry

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