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The relationship between the system of indicators of long-term and short-term efficiency with the system of motivation


Khomenko Ya.V.
(about the author)

Khomenko Yana Vladimirovna – (Ural State University of Railway Transport – USURT)

Published in:
Russian Journal of Labor Economics
– Volume 6, Number 2 (April-June 2019)



Keywords: economic behavior, employee incentives, employee performance management, incentive compensation system, performance indicators


Citation:
Khomenko Ya.V. (2019). The relationship between the system of indicators of long-term and short-term efficiency with the system of motivation. Russian Journal of Labor Economics, 6(2), 855-862. doi: 10.18334/et.6.2.40672


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Abstract:

The article deals with the system of corporate governance, ensuring the formation of an effective system of motivation. The impact of the achievement of key performance indicators on the implementation of strategic goals and objectives of the company, as well as the amount of funds allocated to stimulate employees, based on the results of their achievement, was assessed. The algorithm of using a complex system of indicators to assess the efficiency of employees of JSC "Russian Railways" is considered.








References:
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Kibanov A.Ya., Batkaeva I.A., mitrofanova E.A., Lovcheva M.V. (2009). Motivatsiya i stimulirovanie trudovoy deyatelnosti [Motivation and stimulation of labour activity] M.: INFRA-M. (in Russian).
Klochkov A.B. (2010). KPI i motivatsiya personala [KPI and motivation of staff] M.: Eksmo. (in Russian).
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