Management of human resources reward system as the element of enterprise’s effectiveness

Abstract

The effectiveness of the enterprise depends on the qualification of employees, effective management of human resources, which is becoming an increasingly important factor in improving the competitiveness of the enterprise, its development. The essence of human resources management can be justified as an activity, which leads to the most efficient usage of human resources to achieve the goals of the enterprise. The reward system of an organization is studied at different levels – macro and micro levels. In the works of P. Thompson, K. Ayers, D. Croston, D. Goddesses, N. Volkova, E. Geyer, N. Ilyenko, A. Kolot, M. Semikina, Yu. Bayonet and others the problems of encouragement of employees with a reward system, the influence of remuneration on the standard of working life are investigated. National scientists A. Kibanov, O. Hetman, V. Grischenko, M. Chernova, and others dedicated their researches to the theoretical and methodological aspects of improvement in the systems of remuneration of human resources, systems of encouragement, implementation of their progressive forms and flexible models. At the same time, the theoretical and methodological base of the research is not definitively formed, as it contains discussion questions on determining the nature and structure of the compensation policy, the compensation package, elements of the system of organization of human resources rewards, etc. The effectiveness of the enterprise depends on the qualification of employees, effective management of human resources, which is becoming an increasingly important factor in improving the competitiveness of the enterprise, its development. The essence of human resources management can be justified as an activity, which leads to the most efficient usage of human resources to achieve the goals of the enterprise.