THE TARIFF WAGE SYSTEM AS THE BASIS FOR FORMING FAIR WAGES

Abstract

This article examines the existing mechanism for constructing tariff systems of remuneration at organisations in the Republic of Belarus. Remuneration is an important tool for attracting, motivating and retaining qualified employees, and remuneration policy is an integral part of organisational management. The economic efficiency of an organisation and improvements in the wellbeing of its employees largely depend on the choice of remuneration system. The author has attempted to identify the inherent advantages and disadvantages of the tariff system and to chart possible avenues for development in a market economy.