Problems of salaries management in oil and gas companies

Basing on the results of the author's analysis and generalization of practical experience in the organization of remuneration on the oil and gas companies of the Khanty-Mansiysk Autonomous District — Yugra, the current state and remuneration policy were defined. The designed SWOT matrix reveals...

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Bibliographic Details
Published in:Economy of Region
Main Author: Kolosova, O. G.
Format: Article in Journal/Newspaper
Language:Russian
Published: Institute of Economics, Ural Branch of the Russian Academy of Sciences 2011
Subjects:
AGGREGATE PRODUCTIVITY
INDUSTRY AGREEMENT
LABOUR MARKET
OIL AND GAS COMPLEX
ORGANIZATION OF THE MANAGEMENT PROCESS
SOCIAL PARTNERSHIP
VERTICALLY INTEGRATED COMPANIES
WAGES
khanty
Online Access:http://elar.urfu.ru/handle/10995/132103
https://doi.org/10.17059/2011-3-18
Description
Summary:Basing on the results of the author's analysis and generalization of practical experience in the organization of remuneration on the oil and gas companies of the Khanty-Mansiysk Autonomous District — Yugra, the current state and remuneration policy were defined. The designed SWOT matrix reveals the possibilities of further improvement of the remuneration organization. Innovative development of remuneration systems involves a complex process of selecting management tools to achieve performance targets and implementing business strategies. A study of the most upfront human resources and staff practices in the Russian oil and gas sector has allowed the author to formulate approaches to building effective systems of remuneration. The suggestions described in this paper coordinate the interests of employers and employees. At the same time, they increase efficiency and job satisfaction through raising personal responsibility, which will gain the effectiveness of incentives for oil and gas companies.

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