A methodological basis for increasing the productivity of staff at industrial enterprises

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This paper considers the methodological foundations for increasing productivity by resolving antagonism between the owners of labor and capital by forming a balance of interests in the production process. A solution to the practical problem of motivating employees is proposed, taking into account the differentiation of wage levels depending not only on qualifications, competence, and labor costs, but also on the contribution of a particular employee to the final result of the enterprise. Using the theory of production and the theory of wages, a methodological approach to assessing the satisfaction of the interests of owners and staff depending on the level of labor productivity is proposed. Based on the production function, economic and mathematical models of the relationship between the interests of key stakeholders of the enterprise, the level of labor productivity, and a forecast of the economic effect of individual productivity, have been developed. Conclusions are drawn about the possibilities of ensuring labor productivity over time based on a system of individual motivation. The implementation of a motivation system based on the allocation of productive time that predicts the performance of functions, and actions that do not reveal a clear end result is considered.

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Balance of interests, motivation, personnel, enterprise, labor productivity, owner, socio-economic development, productivity management, subject of management, economic and mathematical modeling

Короткий адрес: https://sciup.org/147242581

IDR: 147242581   |   DOI: 10.14529/em230405

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