Remuneration in small and middle-sized enterprises with project management

Abstract

Currently, it is of no importance if the enterprise is large or small, they both have to struggle for the same – the have happy and motivated workers who work in an efficient way. Every enterprise wants to employ such workers, who share the same aims as the organization. It is possible to achieve such goal by the enterprise if it sets up a system for the remuneration of employees according to the requirements of the present time and according to its employees. Reward is one of the important elements to motivate employees for contributing their best effort to generate innovation ideas that lead to better business functionality and further improve company performance both financial and non-financially. Besides employee remuneration, it is necessary for the managers to use modern tools of project managers as the classic approach to management processes based on regulation of current deviations in not sufficient in current time of turbulent changes. The approach has been developed in many areas of life and project attitude to dealing with problems is more desired in enterprises. The paper deals with an analysis of remuneration in small and middle-sized enterprises with project management in the Czech Republic. In addition to the definitions of the most important terms, the hypothesis is tested in the paper, revealing that the managers of organizations with project management assess the system of remuneration (motivation) better compared to those who do not use project. The data were obtained through personal survey with 358 SME managers.

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