Print

ANALYSIS OF LABOR PAYMENT PRACTICES AND FORMATION OF LABOR REMUNERATION

Denitsa Bogdanska

Abstract

The most important obligations of employers towards the staff are to ensure an adequate remuneration of labor. This management process is directly related to the company goals set within its budget and the pay systems applied. The more direct the relationship between workers’s income and company profits are, the closer are the interests of workers to the interests of the employer, because being engaged in in the work process people are convinced that if they succeed in helping the company’s goals, they will also help themselves.

 

Keywords

remuneration; payment systems; remuneration

 

JEL Codes: J2, J3, M54

 

References

Bogdanska, D. (2019). Wages and salaries are a key element of the cost of labor. Blagoevgrad

Georgiev, G. P. (2012). Comparative assessments and methods for regulating wages. (In Bulgarian). Sofia: Ciela

Georgiev, G.P. (2012). Theory and factors for wage regulation. (In Bulgarian). Sofia: The Daily Mail

Khachaturian A. A. (2007). Human Resource Management in a Business Organization: Strategic Foundations. Moscow: Publishing House LCI

 

Full Text: PDF (English)