THE COMPENSATION MODEL OF PAYMENT FOR LABOR IN A SOCIALLY ORIENTED ECONOMY
DOI:
https://doi.org/10.53555/jaz.v44iS2.1301Keywords:
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.
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Copyright (c) 2023 Muyassar M Mirzakarimova, ( Shoira O Olimjanova, Jannazarova Gauhar Kaipnazarovna

This work is licensed under a Creative Commons Attribution 4.0 International License.