Il'shat M. SADIKOVKazan (Volga Region) Federal University (KFU), Kazan, Republic of Tatarstan, Russian Federation IMSadikov@stud.kpfu.ru ORCID id: not available
Subject. This article discusses the issues related to staff remuneration in the financial management system. Objectives. The article aims to develop a model for organizing staff remuneration in the financial management system. Methods. For the study, we used analysis and synthesis, modeling, and the systems approach. Results. The article proposes an original organizational model of staff remuneration in the financial management system, taking into account the specifics of generating information for the management of financial resources allocated for total remuneration. It also presents a scheme for decomposing the company's strategic goal to the level of strategic objectives in the field of remuneration. Conclusions. The organization of staff remuneration involves the consistent interaction of the processes of agreeing on the goals and objectives of an economic entity, the formation of a remuneration policy, the definition of remuneration management tools, the implementation of the remuneration system, as well as the formation of management reporting in the field of remuneration. Particular attention should be paid to the implementation of the staff remuneration system through such management functions as planning (budgeting), rationing, management accounting, analysis, and control.
Mzokov A.R. [Financial aspects of a system of company's staff remuneration]. Liderstvo i Menedzhment, 2017, vol. 4, no. 3, pp. 139–151. (In Russ.) URL: Link
Kaplan S.L. Business strategy, people strategy and total rewards – Connecting the dots. Benefits & Compensation Digest, 2007, vol. 44, no. 9, pp. 13–19. URL: Link_ Business_Strategy.pdf
Gupta Sakshi, Amit Sharma. Strategic rewards – A case-based study. Studia Mundi – Economica, 2016, vol. 3, no. 2, pp. 145–170. URL: Link
Yusi Chen. What Are the Main Objectives of Reward Management Systems, and How Has Best Practice Influenced the Development of Them? Studies in Social Science & Humanities, 2022, vol. 1, no. 4, pp. 43–49. URL: Link
Ulrich D. Strategic Human Resource Planning: Why and How? In: Human Resource Planning. Gabler Verlag Wiesbaden, 1992, pp. 75–94.
Nosyreva I.G., Beloborodova N.A. [Strategic personnel management in conditions of labor shortage on the labor market]. Ekonomika truda = Russian Journal of Labor Economics, 2023, vol. 10, no. 11, pp. 1719–1738. URL: Link (In Russ.)
Armstrong M. Armstrong's Handbook of Strategic Human Resource Management. Philadelphia, Kogan Page Ltd, 2016, 265 p.
Sadikov I.M., Sungatullina L.B. [Employee life cycle concept in the personnel remuneration management system]. Liderstvo i Menedzhment, 2023, vol. 10, no. 4, pp. 1381–1396. (In Russ.) URL: Link
Werner S., Balkin D.B. Strategic benefits: how employee benefits can create a sustainable competitive edge. The Journal of Total Rewards, 2021, vol. 31, no. 1, pp. 8–22. URL: Link_ How_Employee_Benefits_Can_Create_a_Sustainable_Competitive_Edge
Sungatullina L.B. [The theoretical aspects of management accounting of expenses of the rewards of the staff]. Kazanskii ekonomicheskii vestnik = Kazan Economic Vestnik, 2013, no. 6, pp. 85–89. URL: Link (In Russ.)
Sungatullina L.B. [Theoretical and methodological aspects of strategic managerial analysis of personnel remuneration costs]. Problemy sovremennoi ekonomiki = Problems of Modern Economics, 2013, no. 4, pp. 175–178. URL: Link (In Russ.)
Sungatullina L.B., Sadikov I.M. [Organization of staff-benefits internal control: Development of methodological approaches]. Mezhdunarodnyi bukhgalterskii uchet = International Accounting, 2023, vol. 26, iss. 4, pp. 378–404. (In Russ.) URL: Link
Petrov A.R., Sokolov A.Yu., Mokhammed M.F.M. [The concept of stakeholder management in the system of strategic management accounting and adaptive budgeting]. Ekonomika i upravlenie: problemy, resheniya = Economics and Management: Problems, Solutions, 2022, vol. 1, no. 12, pp. 135–143. (In Russ.)