WAGES AS A MEANS OF STIMULATIN G LABOR PRODUCTIVITY AT CONSTRUCTION MATERIALS PRODUCING’ ENTERPRISES

Abstract

In the article the tendencies of the average monthly wage and productivity at the enterprises on manufacture of building materials of Ukraine are investigated. The growth of labor productivity is a guarantee of an increase in the standard of living of the population. The material remuneration of employees should be higher than the more effective their work. The support of such a ratio, when the growth rate of labor productivity is ahead of the rate of increase in wages, is necessary for the creation of accumulation in companies that provide enhanced reproduction and development. Stimulating the business behavior of employees, directing them to fulfill the main functions and achieving the goals of the organization is called a compensation system. The article outlines aspects that contribute to the use of hourly form of payment at enterprises. The advantages of deficiencies of the tariff system of payment at the enterprises are determined. Advantages and opportunities of the grading system are presented. It is determined that the compensation package (which includes basic salary, social benefits and bonus system) is a universal tool, which solves the main tasks of effective company's activity: increase of labor productivity and consequently – increase of efficiency of investments in personnel, reduction of salary capacity; improvement of the moral and psychological climate in the team; attraction of competitive personnel, etc. The priority directions of work on regulation of wage problems at the enterprises of the branch are offered.