Economic Analysis: Theory and Practice

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Economic Analysis: Theory and Practice

18(147) – 2009 June

Factorial stochastic analysis of bonus payments to management personnel

Vol. 8, Iss. 18, JUNE 2009

Available online: 30 September 2009

Subject Heading: The factorial analysis

JEL Classification:

Ednovitskiy D.A. doctor of economic sciences, professor, pro-rector of Voronezh State University, head of the department of economic analysis and audit

Kulikov V.S. competitor VSU, the director for internal audit, Open Society «New Lipetsk metallurgical industrial complex»

Rudechenko T.V. candidate of physical and mathematical sciences, associate professor of the department of international economy and external economic activity, Voronezh State University ;

The article suggests flexible system of bonuses to supervisory personnel of an organization establishing dependency among bonuses of top-managers and end-result work of a company by example of OAO “NLMK” with the help of correlated analysis main factors are marked which are most closely connected with remuneration of labor and reimbursement of personnel and influencing on results of activity of a commercial organization. A model of calculation of bonuses to supervisory personnel of OAO “NLMK” with the help of Fuzzy Logic Toolbox in the Matlab programming environment.

Keywords: stimulation, management, personnel, system, payment, labor, top-manager, factor, result, work, organization, criterion, effectiveness, modern, calculation, payment out, result

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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