Abstract
A lot of countries develop the nation qualification systems to ensure effective functioning of the labor market and increase in productivity. Labor productivity improvement in the Russian economy is a condition for achieving higher sustainable growth in the future. For the problems concerning productivity growth, the authors propose to pay more attention to the search for new and better methods of workers’ remuneration and the use of the national qualification systems as a tool for establishing a fair wage system. Issues on the relationship between labor productivity and labor compensation are rather relevant, but for concerns on the choice of the optimal ratio of growth rates, different authors explain them in different ways. Labor productivity is the basis of workers’ wages, and the stimulating function of wages has become an important factor for achieving the desired level of labor productivity . The change in the growth rate of these indicators determines the dynamics of the share of wages in GDP, the aggregate demand and employment. The article analyzes the growth rates of labor productivity and real wages . The unstable relationship between the dynamics of labor productivity and labor payment in the Russian economy is illustrated with the help of statistical data. The conceptual scheme proposed by the authors shows how it is possible to form the remuneration model on the basis of national qualification framework. The introduction of professional standards will require the development of new criteria for ranking posts in order to establish a closer relationship between skill levels and payment differentiation. Evaluation of positions is the main reference point for establishing the material remuneration for work; it allows forming a balanced and fair remuneration system. This approach contributes to the strategic human resources management of the company in particular, and society in general, aiming at increasing productivity.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Allais, S.: The Implementation and Impact of National Qualifications Frameworks: report of a Study in 16 Countries, International Labor Office, Skills and Employability Department. ILO, Geneva (2010)
Feldstein, M.: Did wages reflect growth in productivity? J. Policy Model. 30, 591–594 (2008)
Rosstat Homepage: http:// www.rosstat.ru, Last accessed 19 Feb 2019
OECD.Stat.Productivity: https://stats.oecd.org/Index.aspx?DataSetCode=PDB_LV, Last accessed 19 Feb 2019
Kiselkina, O.V., Pratchenko, O.V., Yurkov, D.V., Malaev, V.V.: Measurement of labor productivity in economic systems in the context of global challenges In: 16th International Scientific Conference Proceedings of the Globalization and Its Socio-Economic Consequences, Pts IV, pp. 898–904 (2016)
Dombrowski, U., Crespo, I.: Strategy-oriented qualification framework as a supporting function of lean production system implementation in small and medium-sized enterprises. In: Mitsuishi, M., Ueda, K., Kimura, F. (eds.) Manufacturing Systems and Technologies for the New Frontier. Springer, London (2008)
Kapeliushnikov, R.I.: Labor productivity versus labor compensation: some simple arithmetic: working paper WP3/2014/01; National Research University Higher School of Economics. Publishing House of the Higher School of Economics, Moscow (2014)
Demmou, L., Wörgötter, A.: Boosting productivity in Russia: skills, education and innovation. In: OECD Economics Department Working Papers, No. 1189. OECD Publishing (2015)
Gimpelson, V., Kapeliushnikov, R., Lukiyanova, A.: Stuck between surplus and shortage: demand for skills in Russian industry. In: The Grip of Transition, pp. 47–75 (2012)
Global Wage Report 2016/17: Wage inequality in the workplace. ILO, Geneva (2016)
Olga, K., Eldar, S., Ruslan, F., Anastasiya, K.: Assessment of influence of the labor shadow sector on the economic growth of the Russian economy with the using methods of statistical modeling. Procedia Econ. Financ. 23, 180–184 (2015)
Glebova, I., Kotenkova, S., Khamidulina, A.: Regional investment climate assessment. J. Econ. Econ. Educ. Res. 17(Special Issue 1), 1–8 (2016)
Yureva, O.Y., Yureva, O.V., Burganova, L.A.: Strategic management in higher education system: methodological approaches. Acad. Strateg. Manag. J. 15(S2), 38–42 (2016)
The Future of Jobs Report 2018—World Economic Forum. http://www3.weforum.org/docs/WEF_Future_of_Jobs_2018.pdf, Last accessed 11 Jan 2019
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 Springer Nature Switzerland AG
About this paper
Cite this paper
Kiselkina, O.V., Karbulatskaya, Z.V., Pratchenko, O.V., Guzelbaeva, G.T. (2019). Labor Productivity Improvement: The Role of Remuneration in the New Qualification System. In: Kaz, M., Ilina, T., Medvedev, G. (eds) Global Economics and Management: Transition to Economy 4.0. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-26284-6_6
Download citation
DOI: https://doi.org/10.1007/978-3-030-26284-6_6
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-26283-9
Online ISBN: 978-3-030-26284-6
eBook Packages: Economics and FinanceEconomics and Finance (R0)