ANALYSIS OF LABOR PAYMENT PRACTICES AND FORMATION OF LABOR REMUNERATION

Denitsa Bogdanska ()
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Denitsa Bogdanska: South-West University "Neofit Rilski", Blagoevgrad

Entrepreneurship, 2019, vol. 7, issue 2, 262-271

Abstract: The most important obligations of employers towards the staff are to ensure an adequate remuneration of labor. This management process is directly related to the company goals set within its budget and the pay systems applied. The more direct the relationship between workers’s income and company profits are, the closer are the interests of workers to the interests of the employer, because being engaged in in the work process people are convinced that if they succeed in helping the company’s goals, they will also help themselves.

Keywords: remuneration; payment systems; remuneration (search for similar items in EconPapers)
JEL-codes: J2 J3 M54 (search for similar items in EconPapers)
Date: 2019
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