Abstract
In the article it is determined that in the process of modernization of the economy of Ukraine new requirements are put forward to the effectiveness of management of industrial enterprises due to entrepreneurial activity, growth of business environment dynamics, development of market economy, globalization of economic relations, which requires increased attention to the personnel of industrial enterprises as the main factor of ensuring competitiveness. The main approaches to the formation of an effective system of personnel management of enterprises are revealed, the functions are defined and the concepts of managing personnel costs are analyzed. Also, further ways were chosen to develop the personnel cost management system, personnel management systems at domestic industrial enterprises to improve the work of the enterprise as a whole.
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