TOP MANAGERS' MONETARY REWARD: AN APPROACH BASED ON INTEGRATION OF COMPETENCE AND PERFORMANCE MANAGEMENT

In the present article the expediency of top managers' monetary reward with an approach based on integration of competence and performance management has been justified. Efficiency of the application of performance management method using the key performance indicators is reasoned. A methodolog...

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Bibliographic Details
Published in:Aktualʹni problemy ekonomiky 2014-11 (161), p.255
Main Authors: Nazarova, Galina V, Achkasova, Oksana V, Stepanova, Eka R
Format: Article
Language:English
Subjects:
Efficiency
Integration
Managers
Monetary incentives
Performance management
Studies
Online Access:Get full text
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Summary:In the present article the expediency of top managers' monetary reward with an approach based on integration of competence and performance management has been justified. Efficiency of the application of performance management method using the key performance indicators is reasoned. A methodology for determination of the variable part of top managers' monetary reward is suggested.
ISSN:1993-6788