Abstract

The article examines the problems of formation and implementation of socio-economic policy aimed at regulating the remuneration’ main functions in Ukraine, substantiates the methodology of its improvement. Measures to regulate remuneration under the national strategy for economic diversification and productive employment include: legislative balancing of basic standards and guarantees of living environment and wages; coordination of their quantitative and qualitative parameters in the current methods of social protection; optimization of approaches to the distribution and redistribution of added value and consumption funds of business entities; balancing, increasing the efficiency of the state strategy of the national economy’ innovative modernization according to urgent investment and infrastructure priorities. Remuneration as an economic category has an extremely significant impact on the results, achievements, prospects of the areas’ set of socio-economic policy and development, assessment of their justification quality, as well as implementation, monitoring, adjustment of priorities. This connection, which is determined by the role of human potential and social capital as a whole in the functioning of neo- and post-industrial economies, is growing stronger due to the global spread of relevant technological modes. Numerous problems of achieving and balancing the sustainable socio-economic development Ukraine, unsatisfactory economic diversification, modernization, efficiency at the level of the country, its regions and individual enterprises, relatively low level of living standards, quality of reproduction and motivations of the significant part of workforce to productive labor in the national economy require radical improvement of parameters and mechanisms for regulating both the processes and amounts of remuneration, as well as its inverse positive impact on the quality of Ukrainian socio-economic policy and development in general. The wages’ purchasing power is derived from the quantitative and qualitative parameters of physiologically sufficient and socially acceptable living norms and standards, embodied in the consumer basket and the subsistence minimum for able-bodied, minimum and average monthly wages.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call