Regularities of Formation of the Labour Reimbursement Institute in the Market Economy

Journal Title: Бізнес Інформ - Year 2013, Vol 11, Issue 0

Abstract

The article considers theoretical issues of formation of the labour reimbursement institute in the market economy. It proves that functioning of the labour reimbursement institute identifies proportions of distribution of the total amount of expenditures on labour reimbursement between different professional and qualification groups of workers. Also, functioning of the labour reimbursement institute significantly influences proportions of distribution of income between owners of the means of production and hired labour, although, to a big extent, this institute is adapted, on the one hand, to the existing in the society forms of resolution of contradictions, inherent in means of production ownership relations, and, on the other hand, to the situation in a relevant labour market segment. However, the labour reimbursement institute itself significantly influences realisation of interests of employees and employers. The article states that wages in the modern economy should be understood as an incomplete labour reimbursement - the entrepreneur spends on an employee not only the sum of wages, but also uses other forms of resource provision of the processes of acquisition of certain benefits by the enterprise employees.

Authors and Affiliations

Inna Povoroznyuk

Keywords

Related Articles

Managing Corporate Social Responsibility in Foreign Markets

The growth of a number of enterprises that carry out foreign economic activity and availability of social problems that need immediate solution resulted in a necessity to attract business to the principles of corporate s...

Classification of Investments as an Economic Category

The article studies and analyses classification features of investments, provided by domestic and foreign economists. It systemises main classification features and identifies such ones that facilitate identification of...

Mechanism for Attraction of Investment Resources in the Conditions of Escalating Threats and Risks

The objectives of this article are definition of essence of the notion of «mechanism for attracting investment resources», analysis of environmental factors, influencing mechanism for attraction of investment resources,...

Taking into Account Impact of Shadow Economy upon the Level of Financial Development of the Region

The article considers specific features of taking into account the shadow sector of economy when assessing financial possibilities of the region. It analyses main components of the financial potential of the territory: f...

Structural Progression of Globalization of the World Economy

The article is aimed to study the essence of contradictions and consequences of structural progression of globalization of the world economy, definition of directions of the structural transformation of the global order....

Download PDF file
  • EP ID EP146866
  • DOI -
  • Views 83
  • Downloads 0

How To Cite

Inna Povoroznyuk (2013). Regularities of Formation of the Labour Reimbursement Institute in the Market Economy. Бізнес Інформ, 11(0), 229-233. https://europub.co.uk/articles/-A-146866