THE COMPENSATION MODEL OF PAYMENT FOR LABOR IN A SOCIALLY ORIENTED ECONOMY

Authors

  • Muyassar M Mirzakarimova, ( Shoira O Olimjanova, Jannazarova Gauhar Kaipnazarovna

DOI:

https://doi.org/10.53555/jaz.v44iS2.1301

Keywords:

Compensation1, Model2, Owner3, Salary4, Methods5, Reward6, Labor7, Compensation strategy8, Structure9, Object10.

Abstract

The article examines compensation model of labor in today's market economy. This method of remuneration has a significant impact on the company's employees and increase the company's profits and profitability by compensating its employees. The idea of compensatory management arose in the context of a complex, increasingly competitive global economy in which all enterprises focused on the profitability and efficiency of their production. The formation of a system of rewarding workers based on their labor productivity level is a key factor that encourages the effective work accomplishments of the team.

Downloads

Download data is not yet available.

Downloads

Published

2023-10-26

Issue

Section

Articles

Similar Articles

1 2 > >> 

You may also start an advanced similarity search for this article.