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Title

The Mechanism of Labor Motivation as a Determinant of Economic Security of Enterprises in Competitive Conditions

Author

Volodymyr Lagodiienko, Viktoria Samoilenko, Maryna Pasko, Larysa Ovod, Yevgeniy Matsulevych

Citation

Vol. 22  No. 2  pp. 385-393

Abstract

In the study of the mechanism of labor motivation as a determinant of economic security of the enterprise in competitive conditions, it was found that motivation is determinant in creating the conditions for production and ensuring the active functioning of the enterprise. It is substantiated that the motivational mechanism is the presence of a system of levers, incentives, measures and other elements for economic and administrative incentives for employees, which are used for incentives to work, increase productivity and safety, and more. The motivational mechanism plays an important role in ensuring the economic security of the enterprise and at the same time is a lever to increase competitiveness in the market. The functions of the mechanism of labor motivation are singled out, among which: explanatory-substantiating, regulative, communicative, socialization, regulating. The stages of occurrence of the motive for the employee are classified. The interrelation of motives and incentives in the mechanism of labor motivation as determinants of economic security of the enterprise in competitive conditions is proved. It is proved that the mechanism of labor motivation as a determinant of economic security of the enterprise in competitive conditions should be aimed at: assistance in forming and achieving goals and objectives of the enterprise and achieving balance and equilibrium of economic goals and social responsibility of the enterprise; ensuring close cooperation between management and employees of the enterprise; focus on building a flexible mechanism; transition to a democratic style of governance and involvement of employees in decision-making.

Keywords

mechanism, work motivation, economic security of the enterprise. Competitiveness, efficiency of the enterprise.

URL

http://paper.ijcsns.org/07_book/202202/20220249.pdf