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Kozhamuratov N.K., Sukhanberdina B.B.

  


MODERNIZATION OF LABOR INCENTIVE SYSTEMS: ASSESSMENT OF IMPACT ON EFFICIENCY AND MOTIVATION OF PERSONNEL *

  


Аннотация:
labor incentive systems play an important role in ensuring the efficiency of personnel performance and the level of their motivation. In todays conditions of dynamic changes in economy and technology, traditional approaches to motivation are losing their relevance, which causes the need for modernization of labor incentive mechanisms. This article considers modern approaches to the modernization of motivation and incentive systems, as well as their impact on increasing productivity and employee satisfaction. Special attention is paid to the introduction of digital technologies, flexible remuneration schemes and non-material incentives, which allows to create more effective and customized motivation systems.   

Ключевые слова:
labor incentives, motivation, efficiency, digital technologies, non-financial incentives, flexible schemes   


Modern organizations face a number of challenges related to the need to improve employee performance and retain key personnel. In the context of a rapidly changing environment, incentive and motivation systems developed on the basis of outdated principles are becoming less effective. Traditional forms of remuneration based solely on material incentives are often unable to fully meet the needs of employees, especially those of new generations. This emphasizes the importance of finding and implementing more modern and flexible incentive systems that can adapt to changes and contribute to the creation of a motivational environment for staff development.Historically, labor motivation and incentive systems were mainly based on the principles of material rewards for the fulfillment of certain tasks. Direct financial incentives, such as salaries, bonuses and bonuses, have long remained the main mechanisms for keeping employees motivated. In recent decades, however, there has been a tendency for such systems to become less effective, especially among employees who are focused not only on tangible rewards but also on intangible factors such as recognition, career development and work-life balance.Research shows that purely tangible incentives can lead to short-term productivity gains, but in the long term their effect is diminished if they are not accompanied by a deeper understanding of workers needs. Psychological comfort, involvement in decision-making processes and personal development become important factors that go beyond traditional forms of incentives.Modernization of labor incentive systems includes several key areas:Figure 1. Key areas of modernization of labor incentive systems.Introduction of flexible remuneration schemes. Modern companies are increasingly adopting personalized approaches to employee motivation, providing employees with the opportunity to choose different forms of rewards depending on their individual preferences. These may include additional leave, flexible working hours, opportunities for training and professional development, as well as participation in corporate well-being programs.Intangible incentives are the most important forms of intangible motivation, such as recognition of achievements, participation in projects aimed at the companys development, opportunities for career growth and skills development. Employees who feel that their efforts are recognized demonstrate a higher level of engagement and productivityUse of digital technologies. Modern technologies enable companies to create more transparent and effective incentive systems. Performance management and feedback platforms (e.g., KPIs and OKRs) provide employees with real-time feedback, which increases their commitment to achieving goals and contributes to improved performance.The implementation of modernized incentive systems requires an in-depth analysis of their impact on staff motivation and efficiency. Research confirms that companies that actively apply new approaches to employee motivation receive noticeable benefits in the form of improved productivity, reduced turnover and increased job satisfaction. For example, personalized compensation schemes can take into account employee uniqueness and create a more attractive work environment.In addition, the integration of digital tools into HR processes promotes transparency and objectivity in evaluating each employees contribution, which in turn builds trust and understanding between employees and management.In the face of ongoing changes, companies must actively adapt to new trends and continue to develop their motivation and incentive systems. The key trends include further development of flexible forms of employment, increasing the importance of mentoring programs and coaching, and strengthening the role of corporate social responsibility as an element of the motivation system.In addition, special attention should be paid to the creation of a corporate culture focused on supporting employees. Companies that invest in the well-being of their employees create a more stable and productive work environment, which allows them to not only retain talent but also attract new talent.Modernization of incentive systems is an important factor for increasing efficiency and motivation in modern organizations. Flexible forms of rewards, the use of digital technologies and a focus on intangible incentives create the conditions for a more motivated and productive workforce. Implementing these approaches requires in-depth analysis and adaptation to the specific conditions of each company, but the long-term benefits of a modernized motivation system are obvious.   


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Номер журнала Вестник науки №10 (79) том 3

  


Ссылка для цитирования:

Kozhamuratov N.K., Sukhanberdina B.B. MODERNIZATION OF LABOR INCENTIVE SYSTEMS: ASSESSMENT OF IMPACT ON EFFICIENCY AND MOTIVATION OF PERSONNEL // Вестник науки №10 (79) том 3. С. 27 - 30. 2024 г. ISSN 2712-8849 // Электронный ресурс: https://www.вестник-науки.рф/article/17832 (дата обращения: 08.12.2024 г.)


Альтернативная ссылка латинскими символами: vestnik-nauki.com/article/17832



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