The evaluation of needs and expectations in business enterprises : the gap between the actual and desired wage.

Abstract

Rapidly changing and unpredictable internal and external environments effecting successful business activities are progressively influenced by satisfaction of needs and expectations of workers and security of cooperation between business companies and workers, harmony, and coordination of interest. One of the main factors motivating workers is material remuneration corresponding to their needs and expectations. On that basis, the objective of the paper is to evaluate the gap between the desired remuneration satisfying the needs and expectations of workers (considered as fair by workers) and the currently received remuneration in business companies. It would be expedient for business companies to involve employees in the process of formation of the system of remuneration for work, create possibilities for them to express their opinion about the needs and expectations that should be reflected in the elements of wage.