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December 2017 (published: 20.12.2017)
Number 4(31)
Home > Issue > Innovative model of personnel incentives
Usik N.I., Kozin A. V.
The article proposes an innovative model of personnel incentives with the use of options. The use of the option model in companies whose main product is the result of intellectual labor is justified. The basic models of personnel incentives through participation in the capital and distribution of the company's profits are considered, as well as the peculiarities of such incentives in organizations with various forms of ownership, namely public, non-public joint-stock companies and limited liability companies. The regulatory and legal framework for the use of the option model has been completed. The concept of the option is given according to the Civil Code of the Russian Federation and the instructions of the Bank of Russia. Legally significant actions of the founders are listed, for the commission of which one hundred percent of votes are required. The recommended size of the fund of shares allocated to incentive payments is substantiated. The mechanism of punitive measures with the use of options is proposed. An approximate calculation of this model for an average enterprise size of 100 units has been made. The criteria for the applicability of the option model are indicated and the recommended lines of business of the company are determined, under which the present model can be used. The main advantages of the option model are given, in comparison with the traditional incentive methods for personnel. The strategic importance of the option model is indicated.
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Keywords: option, option model, incentive payments, staff bonuses, incentive model, tariff rates, participation in the company's capital.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
UDC 331.101.3
Innovative model of personnel incentives
The article proposes an innovative model of personnel incentives with the use of options. The use of the option model in companies whose main product is the result of intellectual labor is justified. The basic models of personnel incentives through participation in the capital and distribution of the company's profits are considered, as well as the peculiarities of such incentives in organizations with various forms of ownership, namely public, non-public joint-stock companies and limited liability companies. The regulatory and legal framework for the use of the option model has been completed. The concept of the option is given according to the Civil Code of the Russian Federation and the instructions of the Bank of Russia. Legally significant actions of the founders are listed, for the commission of which one hundred percent of votes are required. The recommended size of the fund of shares allocated to incentive payments is substantiated. The mechanism of punitive measures with the use of options is proposed. An approximate calculation of this model for an average enterprise size of 100 units has been made. The criteria for the applicability of the option model are indicated and the recommended lines of business of the company are determined, under which the present model can be used. The main advantages of the option model are given, in comparison with the traditional incentive methods for personnel. The strategic importance of the option model is indicated.
Read the full article
Keywords: option, option model, incentive payments, staff bonuses, incentive model, tariff rates, participation in the company's capital.
DOI 10.17586/2310-1172-2017-10-4-16-23