MANAGEMENT MOTIVATION IN THE COMPANIES IN KAZAKHSTAN

Abstract

A range of socio-economic factors affects the motivation of a company’s labor force. Many of these represent independent subsystems of the company’s overarching approach. They involve various economic and social indicators, but not all are implemented or included in personnel management. Without a dedicated system in place, it is almost impossible to create labor motivation within an enterprise. This research examines personnel services within several oil and gas companies in the Republic of Kazakhstan. These somewhat overlook the socio-economic factors of the region, while developing labor motivation in the framework of the Company Strategy. The paper shows that companies need personnel services to carry out labor relations. This is valuable for equal economic relations between employees and employers, an effective labor market, and the wider management of social problems affecting productivity.

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