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Motivation of Personnel in an Innovative Business Climate

Author

Listed:
  • Elvir Akhmetshin
  • Ivan Morozov
  • Albert Pavlyuk
  • Alexei Yumashev
  • Nataliya Yumasheva
  • Sergey Gubarkov

Abstract

With increasing understanding of the importance of labor motivation in the personnel management system it is necessary to study the examples of practical implementation of personnel motivation programs that have been tested in successful companies. This work is designed to give answers to the following questions: How and what should motivate employees under the conditions of innovative business development? How is it done in Russia and around the world? What motivating programs are offered by employers today, what are their common features and fundamental differences? The main goal is to identify the best practices of motivation by using the examples of the leading foreign and Russian companies.The main conclusion – even considering the Russian specifics, one large salary is not enough in innovative conditions, therefore progressive companies introduce multifactorial motivation systems, including material and non-material components. The work is of practical value for the Russian business. The continuation of this original research can develop in two directions: "in breadth" and "in depth". In the first case a similar analysis carried out with a large sample of enterprises will reveal additional dependencies. In the second case an empirical study of the reaction to certain motivators and the ways of their implementation within a separate company is proposed.

Suggested Citation

  • Elvir Akhmetshin & Ivan Morozov & Albert Pavlyuk & Alexei Yumashev & Nataliya Yumasheva & Sergey Gubarkov, 2018. "Motivation of Personnel in an Innovative Business Climate," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 352-361.
    • Handle: RePEc:ers:journl:v:xx:y:2017:i:3b:p:352-361
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    1. Vladislav Olegovych Gerasimov & Rustam Ilfarovich Sharafutdinov & Rustam Ilfarovich Sharafutdinov & Vladimir Vladimirovich Kolmakov & Elmira Arsenovna Erzinkyan & Aleksandr Alexandrovich Adamenko & An, 2019. "Control in the human capital management system in the strategy of innovative development of a region," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 1074-1088, December.
    2. O.Yu. Voronkova & A.A. Sitnov & L.V. Kashirskaya & V.I. Marchuk & M.G. Kudinova & I.N. Sycheva, 2018. "Formation of Zonal Agro-eco Clusters as a Mechanism for the Development of Rural Areas," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 39-49.
    3. I.G. Kuznetsova & R.P. Bulyga & L.V. Rakhmatullina & S.V. Titova & R. A. Shichiyakh & R.A. Zakirov, 2019. "Problems and Prospects of Human Capital Development in Modern Russia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 164-175.
    4. I.N. Sycheva & O.Yu. Voronkova & I.V. Kovaleva & A. F. Kuzina & S.A. Bannikov & S.V. Titova, 2019. "Motivation in Personnel Management of a Trading Enterprise," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 1), pages 570-582.
    5. Rakić Marija & Radosavljević Marija & Milić Vesna Janković, 2022. "Analysis of Motivation Factors: Dependance on Personal and Professional Characteristics of Employees," Economic Themes, Sciendo, vol. 60(1), pages 77-94, March.
    6. I.N. Sycheva & E.M. Akhmetshin & A.N. Dunets & I.A. Svistula & T.A. Panteleeva & I.Yu. Potashova, 2018. "Labour Relations in Research of Socio-economic Systems," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 356-367.
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    8. I.G. Kuznetsova & O.Yu. Voronkova & S.Y. Bakhvalov & I.R. Ruiga & G.N. Zhuruli & V.E. Levichev, 2018. "Formation of Human Capital as a Key Factor in Ensuring the National Security of Agriculture in the Digital Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 73-83.
    9. P. V. Zhuravlev & I. A. Epishkin & G. N. Chernukhina & M. V. Zavyalov & V. V. Varlamova & O. Yu. Voronkova, 2018. "Development of Human Capital in the System of Economic Categories of Work," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 107-117.

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