Features of the Staff Incentive Mechanism for the Banking Sector
Journal Title: Бізнес Інформ - Year 2015, Vol 4, Issue 0
Abstract
The article is aimed to develop a model of building an efficient system of incentives for bank staff, on the basis of advanced foreign and domestic practices. As methodological basis of the research served general scientific methods of learning, systematization and classification, dialectic method, system analysis. Using modern information-communication technologies in banking activities in conjunction with creation of new values and norms of professional and mental culture of bank's employees increases the requirements to the level of competence of its staff. Such demands towards the bank's employees require the creation of an appropriate incentive mechanism, because tangible and intangible rewarding the staff is the main means of ensuring its effective work. The foreign experience of stimulating the staff through «socialization» has been substantiated. The experience of staff incentives has been discussed in detail on example of the leader in the banking sector of PJSC CB «PrivatBank». An author's model of bank staff incentives together with formation of a viable strategy of personnel management in bank have been proposed.
Authors and Affiliations
Oksana Getman, Yevheniia Kyrychok
Keywords
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