SALARY AS AN INDICATOR OF THE LEVEL OF IMPROVEMENT OF INCENTIVES FOR THE STAFF OF HOTEL ENTERPRISES IN MODERN BUSINESS CONDITIONS

Abstract

The relevance of the study is due to the need to pay more attention to the need for interaction at different hierarchical levels of organization and business and to find incentives to improve the performance of hotel and restaurant personnel under martial law in Ukraine and in the future in the post-war labor market in the hospitality industry. The purpose of the article is to summarize the known and allocate the essential features of the category “salary” specific to the current business environment as an indicator of the level of improvement of incentives for staff of hotel enterprises. The author emphasizes that this issue is relevant to the hotel industry. Ukraine, there is an insufficiently deep analysis of this issue. The methodological basis of the article is based on the methods of analysis, systematic approach and forecasting; the abstract and logical method, method of generalization and comparison are applied. The article analyzes the motivational factors on the part of entrepreneurs to apply special approaches to the development and implementation of strategic decisions on human resources management as the most valuable component of an enterprise, which encourages guarantees both in terms of safety and remuneration for all categories of employees. It is proposed to create a chain of interconnection between motivation, incentives and interest in the productive end result of economic activity for the hotel business. Conclusions are drawn about the expediency of applying the principles of complexity, systematicity, flexibility, adaptability, innovation, and congruence for the purpose of competitiveness in different business conditions, which should accordingly contribute to the improvement of management functions aimed at stimulating the staff of a modern enterprise. The author proves that wages remain the most relevant form of incentive for high-quality and productive labor. Based on the results of the study, the article summarizes the known and specific in the current business environment essential features of the category of “salary” as an indicator of the level of improvement of incentives for the staff of hotel enterprises.