Methodology and Assessment of Labor Remuneration in Terms of Implementing the Principles of Decent Work in Ukraine

Tsymbaliuk, Svitlana; Tsymbaliuk, D. I.

doi:10.32983/2222-0712-2020-1-290-297

Cited by 2 publications

(3 citation statements)

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“…Based on an integrated approach and considering the target priorities of decent work identified by the ILO (Somavia, 1999; ILO, 2001, 2008, 2016), the authors formulate a definition of decent labour remuneration . It is proposed to interpret the latter one as an organisational and economic mechanism for determining basic parameters of wages, which provides the following: a decent level of labour remuneration, fair distribution of the marginal product created by an employee between an owner and an employee, objective wage differentiation, timely payment of wages, transparency, impartial treatment of employees, involvement of the market and contractual elements of regulation of the amount and structure of labour remuneration, as well as the use of innovative approaches to the formation of various components of wages (Tsymbaliuk, 2019).…”

Section: Methodsmentioning

confidence: 99%

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Labour remuneration in the healthcare sector of Ukraine in terms of decent work concept

Tsymbaliuk

Shkoda

2021

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PurposeHigh European standards of life quality are declared in a set of legislative documents in Ukraine, but the rewarding policy for the healthcare employees because of the coronavirus disease 2019 (COVID-19) disease remains not fully implemented. The purpose of the study is to develop indicators, standards and methods of assessing rewarding policies for healthcare employees in terms of providing decent labour remuneration that are useful for all stakeholders of the healthcare sector in Ukraine.Design/methodology/approachThe study proposes the methodical foundations of developing evaluation tools of rewarding policies for implementing the decent work concept at the sectoral level.FindingsThe findings identify the complex indicator of decent labour remuneration in the healthcare sector in Ukraine, which is 0.185. It proves that the level of the decent labour remuneration of the healthcare employees in Ukraine is at the low level.Practical implicationsThe study provides the important recommendations for all policymakers in the healthcare sector in different countries in the context of diagnosing the problems in the rewarding policies and determining the directions for improvement in terms of implementation of the decent work principles.Originality/valueBy proposing and calculating the main methodical foundations of evaluation tools development of rewarding policies in the context of realisation of the decent work concept at the sectoral level, the study fills a void in the decent labour remuneration and the labour economics theory literature.

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Section: Methodsmentioning

confidence: 99%

“…In order to evaluate labour remunerations in the healthcare sector in terms of the decent work concept, indicators for evaluating the rewarding policies at the sectoral level were identified (Table 3) (Tsymbaliuk, 2019).…”

Section: Methodsmentioning

confidence: 99%

Labour remuneration in the healthcare sector of Ukraine in terms of decent work concept

Tsymbaliuk

Shkoda

2021

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“…Співвідношення між привласненими новоствореними продуктами праці розвиває рівень експлуатації найманого працівника [11]. Цимбалюк у своїх дослідженнях аналізує політики оплати праці та визначає ключові аспекти її впливу на досягнення стандартів гідної праці [16].…”

Section: літературний оглядunclassified

Decent wages as a basis for socially responsible business practices in the new economy

Skrypnyk,

Ilyenko,

Salyvon

et al. 2023

Social and labour relations: theory and practice

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The article examines the conceptual foundations and significance of decent wages as a priority area for implementing socially responsible practices of business organizations. The study substantiates the actual role of this concept in the new business realities, the key trends of which are openness, networking, digitalization and globalization of processes. The purpose of the study is to determine the role of the concept of decent wages in the process of implementing socially responsible practices of a company. When studying theoretical approaches to the role of the concept of decent wages in ensuring the sustainability of business organizations, the author's vision on the value and practical significance of these processes has been formed. The author's own understanding of the relevance of these practices for business and society is determined. The potential opportunities for business organizations in the active application of socially responsible approaches to business activities are outlined and supplemented. Priority directions for strengthening the motivating role of the remuneration system in business organizations are identified. The study substantiates the proposal to reduce the fixed part of wages and increase the variable part, which will accordingly develop the ability of employees who are willing and able to earn money to perform work with greater efficiency. The idea that business entities should increase the share of labor remuneration in the cost of production and increase the amount of real wages has been developed. Since a decrease in real wages will also affect business organizations, with a decrease in the purchasing power of the population, sales volumes will decrease, and income and profits will decrease.

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Methodology and Assessment of Labor Remuneration in Terms of Implementing the Principles of Decent Work in Ukraine

Cited by 2 publications

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Labour remuneration in the healthcare sector of Ukraine in terms of decent work concept

Labour remuneration in the healthcare sector of Ukraine in terms of decent work concept

Decent wages as a basis for socially responsible business practices in the new economy

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