The development of a remuneration system for the oil and gas sector

Authors

  • A. Бейсенбаева
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Abstract

Today, the grading system is the best and the only justifiable system
of calculating salaries, which allows to clean with basic pay. That is, the
grading system allows you to “align” wages and the business logic, and
untie the knot of problems related to motivation of the staff of the oil and
gas sector. Grading is regarded as a technology to attract and retain highly
qualified personnel in the industry. Presents the main stages of building of
the process of grading. Shows the main benefits and risks of the remuneration
system on the basis of grading. Focused on the fact that the process
of grading does not end at the stage of development and implementation.
In the subsequent years of system operation is necessary to continuously
undertake measures for its control, correction and verification of the adequacy
along with the changing conditions of the labour market. Development
of grades requires a lot of time and material investments, but with
the right approach, the organization obtains a tool that unites all the main
systems of personnel management – remuneration, motivation, evaluation
and training. The article presents in summary form the recommendations
of practitioners the introduction of grading in the organization of the oil
and gas sector.

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How to Cite

Бейсенбаева A. (2017). The development of a remuneration system for the oil and gas sector. Journal of Economic Research &Amp; Business Administration, 119(1), 142–147. Retrieved from https://be.kaznu.kz/index.php/math/article/view/1828