ORGANIZATION OF COMPENSATION - AN IMPORTANT ELEMENT OF PERSONNEL POLICY AND STRATEGY


Vaisburd V.A.

The article illustrates the shortcomings of a state policy in the field of compensation causing formation and preservation of social tension; specifies that there are no accurate definitions of such essence as salary concepts, compensation, minimum wage in the labor legislation; and analyzes the problem of fictitious piecework, as result of the shortcomings which are available in organization of compensation. Keywords: personnel policy, salary, compensation, labor legislation, living wage, minimum size of a salary, form and system of compensation, work rationing, fictitious piecework.

Victor A. Vaisburd, candidate of Economics, Professor, Department “Economy of Work and Human Resource Management”, Samara State University of Economics.


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