Work motivation system. comparison of European and
third world countries experience
article deals with a comparative analysis of motivation system in Ukraine and in Spain. Objective:
Development of recommendations for improving the
system of motivation in conditions of modern economy. Results: Analysis of the
motivation mechanism has been carried out and the main criteria that affect productivity have been determined. Conclusion: For each worker there should be built a unique system
of incentives with the account of personal qualities, availability of various
resources in the organization, management style of the company and department.
The effectiveness of the proposed methods can be determined only for a period
of time. The research has shown that financial incentives are an effective motivational
factor both in Ukraine and Spain. However,
international experience suggests that the provision of social guarantees and
non-material incentives makes it possible to apply them successfully to solve
the problem of increasing efficiency of workers.
Key words: management, staff motivation,
financial incentives, non-financial incentives, compensation
Information about the authors:
Ryashchenko V. – Ph.D., assistant professor,
Department of Management and Economiks, Information Systems Management Institute (ISMA), Riga, Latvia.
Lubenchenko A.V. –
Graduate of Institute of Management and Information Systems (ISMA), Riga, Latvia.
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