THE CONCEPT OF PERSONNEL REMUNERATION AS A BASIC ELEMENT OF ECONOMIC ANALYSIS

Abstract: “personnel remuneration” is a key element of work. Time, quantitative and qualitative characteristics of the economic category are represented with the system of current and deferred payments, designed to stimulate the activity of the employee to perform tasks.

The main function of remuneration as a socio-economic category is to harmonize the contradictory relationship between the employer and the employee. The system of systematic payments ensures partial satisfaction of the employee’s interests, compensating for the economic effect of the employer’s employment.

Keywords: personnel, qualification workers, wages, remuneration, labour legislation

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