DOI: https://doi.org/10.18371/fcaptp.v3i26.144258

FINANCIAL PROVISIONS FOR INDIVIDUALIZATION OF LOAN PAYMENT LEVEL

L. V. Vasurenko, I. N. Kuksa

Abstract


The article identifies the main vectors concerning the understanding of the essence of differentiation of wages as social determinants in the mechanism of organization of wages. The main socio-economic and regulatory factors of influence on the process of individualization of wages are defined and characterized. The systematization of factors that cover the basic vectors definition of the essence of individualization of wages: social vector (labor market as a regulator of the main trends of employment of the able-bodied population, state regulation in the field of social guarantees, compliance of wages depending on the degree of ownership of professional competencies), economic vector (increasing the level of efficiency of economic activity as reserves for financial support of individualization of wages, improving the level of efficiency of labor subjects of labor relations), normative vector (strengthening of social and legal protection of citizens of Ukraine who work abroad, ensuring the legal principles of equal pay in various sectors of the economy, conditions for determining wages within the framework of the legislative field, control and protection of labor rights of employees in case of violation, conditions for determining wages within the framework of the legislative field).

On the basis of this the model of search of reserves of financial support of this process for the sake of acceleration of social and economic development of national economy as a whole which is proved by means of tools of the correlation and regression analysis is offered. The interpretation of the results of the study made it possible to characterize the main directions that allow to determine the following factors of influence on the formation of financial support for the individualization of the level of wages, the increase in the working time Fund and the reduction in the number of employees who are paid within the minimum wage.


Keywords


wages; financial support; individualization of wages; minimum wage; labor income; differentiation of wages; organization of wages

References


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GOST Style Citations


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ISSN (print) 2306-4994, ISSN (on-line) 2310-8770