87% of our graduates are already working in IT
Leave a request and we will help you choose a new profession
Leave a request
Economic methods of management
In addition to administrative laws, there are also economic laws. This includes material incentive methods, economic regulation and compliance with its implementation.
Personnel management methods
Managing employee motivation through the material incentive method is the payment of material rewards to employees in the form of wages, bonuses, compensation payments, and benefits.
Salary payments. This is a direct monetary motivation for employees to perform work. Salary is calculated based on the cost of the finished product (service), it is divided between responsible employees. The level of an employee's salary is affected by the volume of his work in the overall work process, the time spent on work, the level of demand denmark customer email list and supply on the market for the company's products.
Payments of additional payments and allowances. Such payments are made for those employees with whom the company has concluded a collective agreement. But there are also special categories of employees for whom this type of payment is provided by law. This includes work that is harmful to health, dangerous working conditions, work in populated areas with a dangerous climate, natural conditions, and so on.
Compensation payments and guarantees. Guarantees are payments of funds, special conditions that would imply the fulfillment of employees' rights in the sphere of labor relations within the company. Compensation payments imply monetary funds from the company that would replenish their expenses within the framework of positions. For example, this could be a transfer to another type of work, a business trip, a move to another locality, a referral for training, annual paid leave, etc.