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
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