Development of the mechanism of motivation and tangible incentivisation

The main objective of the study is the development of an effective motivational mechanism for employees of construction enterprises. The paper considers particularities of remuneration of participants of construction process in order to define the application of various mechanisms of motivation and...

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Bibliographic Details
Main Authors: Lavrova, Ludmila, Chernegov, Nikolay, Ivanova, Maria, Lemesheva, Zhanna, Akimova, Elena
Format: Conference Proceeding
Language:English
Subjects:
Construction industry
Industrial development
Motivation
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Summary:The main objective of the study is the development of an effective motivational mechanism for employees of construction enterprises. The paper considers particularities of remuneration of participants of construction process in order to define the application of various mechanisms of motivation and incentivisation. The existing methods of development of motivation and incentivisation are analyzed as a tool for increasing the performance of the enterprise. Scientific and methodological recommendations on the establishment and implementation of the mechanisms of motivation and incentivisation as a tool for increasing the performance of enterprises in the construction industry were developed. These recommendations allow identifying the relationship of motivation and incentivisation with the performance of the enterprise. The developed mechanism is based on the relationship between the strategic objective of the enterprise and the key performance indicators of the units or specific employees.
ISSN:2261-236X
2274-7214
2261-236X
DOI:10.1051/matecconf/201817001094