Economic and mathematical modelling of motivation methods of personnel of commercial banks
Journal Title: Економічний аналіз - Year 2017, Vol 27, Issue 4
Abstract
The article is devoted to the research of modern methods of bank staff’s motivation. Authors analyse some aspects of functioning of a personnel motivation system, for example, PJSC СB "PRIVATBANK". The basic approaches of banking personnel’s motivation are revealed. Their characteristic features are considered. It is proved that the effective motivational mechanism in the bank is a system of economic, organizational and administrative, social and psychological methods of influencing motives of personnel work behaviour in order to develop their internal need for greater labour efficiency. As a result of the analysis, authors have constructed the economic and mathematical model for selecting the optimal motivation strategy for a staff. In the developed economic and mathematical model we have foreseen the elements that allow taking into account the status of bank employees, the level of their work evaluation, the use of social package’s elements and others. Such model can be used for analysis and making personnel rating for different periods of time, as well as for identification of peculiarities of motivation strategies in the work of personnel not only in the bank as a whole, but also in its individual units, branches, and units. In addition, this model can be modified both structurally and substantively. Results of analysis have been processed by Microsoft Office Excel spreadsheets office program. Data analysis has been performed using the "Find a Solution" tool in spreadsheets, which allows finding keys for optimization problems with almost unlimited number of variables. As a result, it has been confirmed that the application of economic and mathematical methods is very effective in assessing modern methods of staff’s motivation. Also it has been reasoned that a mechanism of regulating labour motivation must effectively combine strategic interests of a bank with interests of its staff, the style of bank’s management with a system of effective labour motivation.
Authors and Affiliations
Svitlana Nuzhna, Kateryna Smetska
Keywords
Related Articles
- EP ID EP313795
- DOI -
- Views 80
- Downloads 0
Peculiarities of the formation of competitive advantages of agricultural enterprises
For agricultural enterprises, as well as other subjects of entrepreneurial activity, the acquisition of competitive advantages connected with lower costs and high quality of products becomes actual one. In this research,...
Corporate social responsibility as a key of stable development: analysis of the enterprises of oil and gas industry
Social responsibility of business takes a special place in the terms of modern development strategy of the economy of Ukraine. This responsibility suggests such direction of the enterprise activity, which takes into acco...
Main directions of cryptocurrency influence on the monetary policy and financial safety of banking systems
Introduction. The article deals with the peculiarities of the development of the market of cryptocurrency. The main directions of the negative influence of the growth of the capitalization of cryptocurrency market on the...
Метод χ2- кластеризації в задачах маркетингу
Необхідність кластеризацї даних виникає в багатьох практичних задачах, зокрема задачах маркетингу. Групування в певному розумінні близьких об’єктів дозволяє підходити до вивчення кожної групи з єдиної позиції, наприклад,...
Сучасні теоретичні підходи до визначення трейдингових мереж фондового ринку
Вступ. Сучасний розвиток світових економічних відносин, у тому числі й фінансових, позначений поширенням процесів інтеграції та глобалізації. Інтенсивне дослідження та впровадження нових технологій, їх широке застосува...