Development of the Implementation Procedure for a Rational Incentive System

Abstract

The author examines the incentives of employees of the organization. The construction of a rational system of incentives allows an organization to resolve a number of important issues. However, in addition to the formation of rational system of incentives is essential the procedure of its implementation. The article presents the algorithm of introduction of a rational system of incentives. The algorithm of introduction of a rational system of stimulation consists of 8 stages. Each stage is designed to solve their own problems. Phased implementation procedures a rational system of incentives facilitating a smooth transition of the organization to a new level. The transition to the new incentive system will affect each employee. It is important to carry out the implementation without disruption to personnel. The implementation of this algorithm will allow the management companies to have a mechanism of influence on labour activity of the employee. The employee, in turn, will receive a clear planning tool of their own income. All this allows to increase the efficiency of the company and affects the financial wellbeing of staff. On a larger scale RIS can affect the standard of living of the population as a whole. The use of RIS will contribute to the solution of certain economic and social problems.

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