Danilenko N.I.Russian Presidential Academy of National Economy and Public Administration, Magnitogorsk Branch, Magnitogorsk, Russian Federation danilenko-nikolay@mail.ru
Importance In modern environment, the system of higher education focuses on formation and development of a totally new level, that meets the requirements of customers, employers, the State and the entire society. The criteria-based assessment of trends in these processes includes the aggregating transformation of higher schools and their international and domestic ratings. The principle of self-reliance on in-house resources becomes determinant for both a single higher school and synergistic university associations. Objectives The paper concentrates on the balance of economic interests of a higher educational institution and its structural divisions and staff incentives to increase performance efficiency. Methods We employ general-logic methods to consider organization and implementation of staff incentives in remuneration systems of higher schools and tenets of the modern labor economics theory. Results The paper describes a structural and economic mechanism of incentive fund distribution by profit centers, which is adaptable to requirements and conditions of external and internal environment of a higher school. To measure human capital efficiency we propose a model that bases on the allocation of net cash flows from various activities of university personnel. Conclusions and Relevance We offer a mechanism of remuneration for major units and categories of university employees and its application in Russia. It distributes incentive payments and rewards to encourage professional, business and innovation activities of individuals and units, and organization as a whole.
Keywords: human capital, remuneration, responsibility center, incentive reward, rating
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