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Problems of salaries management in oil and gas companies

Author

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  • Olga Kolosova

Abstract

Basing on the results of the author's analysis and generalization of practical experience in the organization of remuneration on the oil and gas companies of the Khanty-Mansiysk Autonomous District — Yugra, the current state and remuneration policy were defined. The designed SWOT matrix reveals the possibilities of further improvement of the remuneration organization. Innovative development of remuneration systems involves a complex process of selecting management tools to achieve performance targets and implementing business strategies. A study of the most upfront human resources and staff practices in the Russian oil and gas sector has allowed the author to formulate approaches to building effective systems of remuneration.

Suggested Citation

  • Olga Kolosova, 2011. "Problems of salaries management in oil and gas companies," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 167-175.
  • Handle: RePEc:ura:ecregj:v:1:y:2011:i:3:p:167-175
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