Environment of previous conditions of economic incentives of top-managers of enterprises

Abstract

The paper analyzes the views of domestic and foreign scientists on the concepts of «incentives» and «economic incentives». With the help of content and morphological analysis, a refined interpretation of the definition of economic incentives is proposed. Thus, the studied concept is proposed to be understood as the encouragement of workers through the use of material incentives to improve production efficiency. For a deeper disclosure of the essence of incentives, one of the elements of economic incentives for top managers is considered - material rewards, in particular, long-term bonuses and existing types of long-term bonuses for top managers. The paper presents the main types and forms of economic incentives for managers of the strategic level of management, the main components of the classical scheme of economic incentives, as well as its advantages and disadvantages. Also, the differences between the system of incentives for top managers and other employees of the enterprise are considered, namely, top managers can directly influence the final results of the enterprise, also for managers of the strategic level of management is characterized by a longer period incentive system for top managers, it should be focused on achieving the goals set by business owners, the amount of remuneration to a senior manager, it should be sufficient, due to high professional qualifications and available business, personal qualities of top managers.