System of motivation of personnel activity as a factor of achieving financial and economic safety of the enterprise

Journal Title: Економічний аналіз - Year 2017, Vol 27, Issue 4

Abstract

Introduction. The main factor that provides the development of the enterprise and its financial and economic stability at this stage of development of our country is the optimization of the system of personnel motivation. Increasing the level of economic security and financial sustainability at the enterprise can be based on the human factor, and focus on improving labour productivity. Therefore, first of all, the problems which are associated with the proper provision of financial and economic security through the motivation of staff acquire special urgency in modern conditions. Purpose. The article aims to study various systems of motivation of personnel as a factor in achieving financial and economic security of the enterprise. Method (methodology). The tasks have been solved by estimation and analysis methods of assessment and analysis of personnel motivation system, the estimation of financial and economic performance, statistical methods. Results. The financial and economic security of a company will work successfully only in case when all employees will understand its importance and ensure the security of the enterprise. They have to fulfil consciously all conditions and requirements which are established by the specified system. It is based on the interconnection and observance of all the principles of motivation of the personnel. This system allows the company to be sustainable, adequately respond to the dangers and threats, to develop and improve, to have a reliable mechanism of coordinated work of all employees of the organization.

Authors and Affiliations

Oleksandr Lavryk, Tetyana Bulyha

Keywords

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  • EP ID EP313821
  • DOI -
  • Views 82
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How To Cite

Oleksandr Lavryk, Tetyana Bulyha (2017). System of motivation of personnel activity as a factor of achieving financial and economic safety of the enterprise. Економічний аналіз, 27(4), 225-229. https://europub.co.uk/articles/-A-313821