The overview of key motivation factors for employees at the industrial enterprises

Abstract

It has been investigated that there are three large groups of academic works studying staff motivators. One group of scientific writings is devoted to investigating motivation factors through theoretical analysis. The second strand of present literature overview examines motivation factors used mainly econometric models. The researches of third group of scientific writings uses questionnares and, on that basis, make practical applications on how to motivate staff. It has been concluded that use of econometric models, first of all, multiple regression shows that high salaries, fridge benefits, medical insurance, life insurance, sick-pay, financial rewards have the greatest impact on staff motivation at the industrial enterprises.