Please use this identifier to cite or link to this item: http://hdl.handle.net/10995/91413
Title: Стимулирование труда менеджеров предприятий региона
Other Titles: Stimulation of managers in regional enterprises
Authors: Belkin, V. N.
Belkina, N. A.
Antonova, O. A.
Белкин, В. Н.
Белкина, Н. А.
Антонова, О. А.
Issue Date: 2018
Publisher: Institute of Economics, Ural Branch of the Russian Academy of Sciences
Институт экономики Уральского отделения РАН
Citation: Белкин В. Н. Стимулирование труда менеджеров предприятий региона / В. Н. Белкин, Н. А. Белкина, О. А. Антонова. — DOI 10.17059/2018-1-10. — Текст : электронный // Экономика региона. — 2018. — Том 14, выпуск 1. — С. 123-136.
Abstract: Most of the principles related to top managers work incentives were inherited from the planned economy that produces demotivation and opportunistic behaviour. Remuneration is a commercial secret and shall not be disclosed. The system of top managers' stimulation is unbalanced and does not motivate them to achieve medium-and long-term goals of the company. The study pays great attention to the development of managers' stimulation policies, the transparency of remuneration, correlation between pay and performance. We provide practical examples of foreign and national experience, showing the ability to ensure the transparency of remuneration of managers, and the relation between compensation and performance. These examples show that managers' remuneration amount does not always correspond to the efficiency of enterprises and return on capital. To solve these problems, we offer to develop philosophy and policy for the stimulation of managers in enterprises. It will allow to find a balance between the interests of shareholders and managers. Furthermore, this philosophy will have a positive impact on the competitiveness of enterprises in a region. The policy of stimulating managers should include certain key areas. Firstly, it should ensure the competitiveness of managers' remuneration. Secondly, it implies studying the motives of managers' work and the integration of these motives in the development of incentive system for the managers. Thirdly, it should include an optimal combination of elements to stimulate labour: base salary, material and social remuneration, short and long-term remuneration, etc. And last, it should consider the indicators and norms of enterprise's effectiveness as well as the assessment of working results of managers. The results of this research can be used for further study of the stimulation of managers' work in Russian companies. They can also be used in practice for the analysis of labour incentives of managers and their impact on the development of enterprises. © 2018 Institute of Economics, Ural Branch of the Russian Academy of Sciences. All rights reserved.
Рассмотрены основные проблемы стимулирования труда менеджеров предприятий региона. Приведены практические примеры из зарубежного и отечественного опыта, показывающие возможность обеспечения прозрачности вознаграждения менеджеров и связи вознаграждения с результатами деятельности предприятий. Предложена философия политики стимулирования труда менеджеров предприятия.
Keywords: COMPETITIVENESS OF MANAGERS REMUNERATION
FINANCIAL STIMULATION
LABOUR MOTIVES
LONG-TERM REMUNERATION OF MANAGERS
MANAGERS OF COMPANIES
PHILOSOPHY OF STIMULATING MANAGERS
POLICIES TO STIMULATE MANAGEMENT
REMUNERATION
SHORT-TERM REMUNERATION OF MANAGERS
SOCIAL STIMULATION
STRATEGY OF COMPANIES DEVELOPMENT
TRANSPARENCY OF REMUNERATION OF MANAGERS
WORK INCENTIVES
URI: http://hdl.handle.net/10995/91413
Access: info:eu-repo/semantics/openAccess
SCOPUS ID: 85043265672
WOS ID: 000432788700010
ISSN: 2072-6414
2411-1406
DOI: 10.17059/2018-1-10
metadata.dc.description.sponsorship: The article has been supported by the Grant of the Russian Foundation for Basic Research No 18-010-00025 Theoretical and methodological background to the modernization of employment relationship in the Russian economy.
Origin: Экономика региона. 2018. Том 14, выпуск 1
Appears in Collections:Economy of Region

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