Open Access Article SciPap-1323
Aligning Enterprise Performance Goals and Pay Motivational Design in Forest Enterprises, Transcarpathia, Ukraine
by Svitlana Slava 1,* iD icon and Vladyslava Puhinska 2 iD icon

1 Department of Economy and Entrepreneurship, Uzhhorod National University, Universytetska, 14a, Uzhhorod 88000, Ukraine

2 Department of Economy and Entrepreneurship, Uzhhorod National University, Universytetska, 14a, Uzhhorod 88000, Ukraine

* Authors to whom correspondence should be addressed.

Abstract: This paper suggests a way of aligning two economically related, but sometimes antinomic in interests goals: enterprise performance indicators and respectively connected pay system using goal-based motivational design. Responding to this, the aspects of enterprise performance/pay relations are analysed through the links specifically between net revenue and labour productivity, from one side, and structural components of remuneration, from the other. The sample includes nineteen public forest enterprises, in Transcarpathia, Western Ukraine, and represents the total number of the forest enterprises with similar activities. The research results contribute to the enterprise performance-pay theorisation by adding (1) a generalised regional relational model aiming at measuring functionality of existing connections between enterprise performance and structural components of total wage remunerations, and (2) developed an adaptive regional relational model of enterprise-goals-linked pay with differentiated levels of defined links.

Keywords: Ukraine, Enterprise-Performance-Related Pay, Remuneration Structure, Transcarpathia

JEL classification:   J31 - Wage Level and Structure • Wage Differentials,   Q23 - Forestry,   R19 - Other

SciPap 2021, 29(3), 1323; https://doi.org/10.46585/sp29031323

Received: 14 June 2021 / Revised: 26 September 2021 / Accepted: 27 September 2021 / Published: 17 October 2021