Strategizing life cycle of employees’ labour productivity and motivation

V. A. Skorobogac () and A. B. Karpov ()

Russian Journal of Industrial Economics, 2020, vol. 13, issue 2

Abstract: The article deals with the most frequently used means of stimulating employees to increase their productivity. The authors raise the actual question of how effective these methods are and how they influence the staff costs. The article points out that it is extremely important to study the stimulation of employees and to implement the method of analysis of motivation and productivity based on the employee’s life cycle for industrial enterprises. It explores modern research of existence of cyclicity both in organizational development and in employees’ labour activity. The submitted data about the changes in involvement and productivity of employees of the pharmaceutical company which depended on their work experience allowed assuming that an employee’s labour productivity and motivation must have a certain life cycle. The authors made a graph of how labour productivity varies at the different stages of the employee’s life cycle according to the period of work in the company. They adduce a detailed description of each stage of the life cycle, variations of the employee’s work behavior and the direction of his motivation. They suggest recommendations to reveal his professional potential and increase his labour productivity depending on the employee’s position on a certain stage of his life cycle. The authors point out that it is highly important for a company’s top manager to understand and define the stage of his employees’ life cycle correctly. Implementing the method of defining work potential will let top managers solve the key tasks in working with their staff: increasing labour productivity, employees’ involvement and work motivation, maintenance and enhancement of the most prospective employees, providing optimal conditions for realization of each employee’s abilities and potential and decreasing staff turnover in the company.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ach:journl:y:2020:id:758

DOI: 10.17073/2072-1633-2020-2-149-157

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