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Analysis Of Labor Payment Practices And Formation Of Labor Remuneration

Author

Listed:
  • Denitsa Bogdanska

    (South-West University "Neofit Rilski", Blagoevgrad)

Abstract

The most important obligations of employers towards the staff are to ensure an adequate remuneration of labor. This management process is directly related to the company goals set within its budget and the pay systems applied. The more direct the relationship between workers’s income and company profits are, the closer are the interests of workers to the interests of the employer, because being engaged in in the work process people are convinced that if they succeed in helping the company’s goals, they will also help themselves.

Suggested Citation

  • Denitsa Bogdanska, 2019. "Analysis Of Labor Payment Practices And Formation Of Labor Remuneration," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 7(2), pages 262-271.
    • Handle: RePEc:neo:epjour:v:7:y:2019:i:2:p:262-271
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    More about this item

    Keywords

    remuneration; payment systems; remuneration;
    All these keywords.

    JEL classification:

    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

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