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Methodical Approach to Assessment of Quality of Labour Life of Industrial Employees Using Example of Engineering Enterprises

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  • Stamatin Oleksandr V.

    () (Kharkiv National University of Economics)

Abstract

The goal of the article is presentation of results of study of factors of influence upon quality of labour life of industrial employees and justification of a scorecard of its assessment at the micro-economic level with the use of statistical methods of study. The article proves that the quality of labour life is based on enterprise capabilities, which depend on economic results, identified by the use of financial, material and human resources, effectiveness of the innovation and investment activity. The article reveals main factors that influence the quality of labour life of industrial employees using example of engineering enterprises: labour remuneration, social provisions, possibility to develop personnel, progressive state of fixed assets, financial sustainability of the enterprise, and effectiveness of investing into innovation activity. The article proves expediency of use of statistical methods of study for assessment of quality of labour life of employees, namely: multi-dimensional factor analysis, neural networks and folded additive technique. Their use helped to reveal indicators that are the most sensitive to managerial impact for ensuring quality of labour life. The article justifies stages of methodical approach to assessment of the quality of labour life of industrial employees, which was applied at engineering enterprises, which proves its significance and theoretical substantiation.

Suggested Citation

  • Stamatin Oleksandr V., 2014. "Methodical Approach to Assessment of Quality of Labour Life of Industrial Employees Using Example of Engineering Enterprises," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 3, pages 236-244.
  • Handle: RePEc:idp:bizinf:y:2014:i:3:p:236_244
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    References listed on IDEAS

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    1. Philippe D Karam & Douglas Hostland, 2005. "Assessing Debt Sustainability in Emerging Market Economies Using Stochastic Simulation Methods," IMF Working Papers 05/226, International Monetary Fund.
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