Financial System of Remuneration of Employees as a Component of Economic Security of the Enterprise

Abstract:

 Economic security is the product of many factors of a social, political and geographic nature. It is also a function of various internal relations of relationships and interpersonal relations. This also applies to companies and their internal relationships. The financial stability of a company especially in the current times i.e. the 20s of the 21st century, is becoming a special good. Financial security has become a basic financial strategy of the enterprise, oriented to provide internal and external financial conditions for the effective and efficient development of its activities. It has become a financial category of a special kind, because on the one hand it concerns the creation of conditions for conducting current activities in a continuous and efficient manner, and on the other hand it is oriented towards the development of business activities, resulting in an increase in the market position and value of the enterprise.  Among the many important endogenous factors, the author of this article intends to draw attention to the motivational process based on the financial background of labor remuneration. From this perspective, it should be noted that the provision of financial stability, within the framework of the broad formation of economic security, will not be fully possible without the adequacy of the efficiency of the operation of an appropriate incentive system. The state of financial stability built in this way, will directly determine the functioning of the enterprise in terms of its ability to achieve profitability.

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