Analysis of differentiation of industrial and regional wages of employees in Russia

The article considers the average monthly real wages and salaries of employees of the Southern Federal District in the period 2013-2016. To assess the types of economic activity from the point of view of remuneration for the year 2016, the data are ranked into four groups, where later, outsider industries and leading spheres of economic activity were identified. In the conditions of the transition economy, one of the topical and acute problems is the problem of labor remuneration, the solution of which predetermines the growth of the material and physical well-being of company personnel, as well as the level and prospects for the development of economic entities in the region. At the same time, it should be noted that the existing system of labor remuneration for firms of various organizational and legal forms of ownership of the Russian Federation does not allow to properly provide a sufficient level of motivation for the staff of organizations, which leads to insufficient labor productivity. Thus, increasing the efficiency of economic entities should be considered through the prism of increasing the level of staff salaries through the economic interest of the personnel of economic entities. The reasons stipulating the problems of sectoral and regional differentiation of labor remuneration in the Russian Federation are considered, and later the ways of solution are suggested.