METHOD OF MATERIAL INCENTIVES FOR EMPLOYEES OF STATE COMMERCIAL ORGANIZATIONS BASED ON THE KPI SYSTEM

The KPI system is a tool of the greatest influence on the achievement of strategic business results of the organization’s activities, reflecting a picture of all processes occurring in the company, which allows timely prevention of possible problems, both in the short and long term. Based on the KPI system, an employee motivation system is built, which, as world practice shows, is one of the most effective. The article substantiates the feasibility of using the key performance indicators system as an indicator for assessing the activities of employees and structural divisions of state commercial organizations in achieving the operational and strategic goals of the company. A methodology for assessing the achievement of key performance indicators and a system of material incentives for employees based on the KPI system are proposed, allowing to assess the contribution of employees and structural divisions to the achievement of key performance indicators of the company. The methodology is universal and can be applied in the activities of various state commercial organizations, regardless of their industry affiliation and specifics of the activity.

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Publication Details

Journal
EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYA
Published
2025-01-01
DOI
https://doi.org/10.36871/ek.up.p.r.2025.03.01.005
Primary Topic
Economic and Technological Systems Analysis
Type
article
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article

METHOD OF MATERIAL INCENTIVES FOR EMPLOYEES OF STATE COMMERCIAL ORGANIZATIONS BASED ON THE KPI SYSTEM

Lyubov V. Gusarova
EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYA
Economic and Technological Systems Analysis
article

METHOD OF MATERIAL INCENTIVES FOR EMPLOYEES OF STATE COMMERCIAL ORGANIZATIONS BASED ON THE KPI SYSTEM

Lyubov V. Gusarova
article en

Abstract

The KPI system is a tool of the greatest influence on the achievement of strategic business results of the organization’s activities, reflecting a picture of all processes occurring in the company, which allows timely prevention of possible problems, both in the short and long term. Based on the KPI system, an employee motivation system is built, which, as world practice shows, is one of the most effective. The article substantiates the feasibility of using the key performance indicators system as an indicator for assessing the activities of employees and structural divisions of state commercial organizations in achieving the operational and strategic goals of the company. A methodology for assessing the achievement of key performance indicators and a system of material incentives for employees based on the KPI system are proposed, allowing to assess the contribution of employees and structural divisions to the achievement of key performance indicators of the company. The methodology is universal and can be applied in the activities of various state commercial organizations, regardless of their industry affiliation and specifics of the activity.

EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYAVol. 3/1(156)
Openalex Percentile: Top 91%
Economic and Technological Systems Analysis
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METHOD OF MATERIAL INCENTIVES FOR EMPLOYEES OF STATE COMMERCIAL ORGANIZATIONS BASED ON THE KPI SYSTEM — Lyubov V. Gusarova · EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYA (2025) | TGRS Research Map | TGRS