FINANCIAL EVALUATION OF LABOR AS A PERSONAL-STIMULATING FACTOR
https://doi.org/10.21686/2413-2829-2015-3-89-98
Abstract
Mathematical model of an individual emotional response to the size of material rewards was built based on the introduction of class OK-functions. Class OK-functions allows us to develop a model based on only three reference values of monetary payments. The external stimulus and internal psychological factors were taken into account in the described model 'Stimulus - Reaction'. We investigate the sharpness of the reaction of an individual with given type of character to penalties and bonuses. The effectiveness of financial incentives for staff was investigated. The recommendations for determining the optimal size of penalties and bonuses, as well as the maximum value of wages, taking into account the individual employee psychotype was given.
About the Authors
Vasilii M. Kartvelishvili
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Doctor of Physical and Mathematical Sciences, Professor of the Department for Mathematic Methods in Economics of the PRUE
36 Stremyanny Lane, Moscow, 117997, Russian Federation
Dmitriy S. Krynetskiy
Central Research Institute of Automatics and Hydraulics
Russian Federation
Russian Federation
Engineer of Central Research Institute of Automatics and Hydraulics
5 Sovetskoy Armii Str., Moscow, 127018, Russian Federation
References
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Review
For citations:
Kartvelishvili V.M., Krynetskiy D.S. FINANCIAL EVALUATION OF LABOR AS A PERSONAL-STIMULATING FACTOR. Vestnik of the Plekhanov Russian University of Economics. 2015;(3):89-98. (In Russ.) https://doi.org/10.21686/2413-2829-2015-3-89-98
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