Social and economic efficiency of labor payment policy in agricultural economics sector

Content and motivational character of labor payment policy of business entity personnel to a large extent determines the agricultural sector efficiency. However this problem is not sufficiently investigated in agro-economic science and thus, its fundamental researches and academic and research recommendations are absent. Ministry of Agriculture of the Russian Federation has not worked out the branch labor payment policy, and the Statements on labor payment of agricultural sector business entity are poorly researched, and they are of confidential and concealed nature. That is why is impossible to estimate objectively their content, efficiency and motivational level. As a result the mechanism of state support of agricultural goods producers is virtually weak to reconcile with basic parameters of their labor payment policy. The author’s variant of indicators and parameters system providing integrated estimation of any business entity labor payment policy is presented. Depending on a problem solution or acceptance of stated managerial decisions this indicator system can be complimented or concretized. The estimation for the basic parameters of the content of labor payment policy of the Orel region agricultural organizations is done on its ground. It revealed the considerable structural change in salary bill and its share decrease in the basic economic indicators. Herewith for 2010-2016 the labor performance efficiency increased in 2,98 times, and the share of annual earned income of agricultural organization laborers in sales revenues of agricultural production decreased by 4.5 p.i. From the systematic approach the suggested methods allow obtaining all round information to estimate labor payment policy of any business entity and the regional agricultural sector. Rational labor payment policy will change the attitude to many managerial decisions acceptance, particularly to estimation of investment projects and programs realizable in the business.