Efficiency Improvement of the Use of Labor Resources (on the Example of PAO “GAZ”)

Abstract

Relevance The use of labor resources represents the most important component of the management system, and the organization of an effective personnel management system. To ensure increased efficiency in the use of labor resources, it is necessary to formulate a personnel policy that gives an exact setting of all goals and objectives, characterizes the principles for the selection, placement and development of personnel. The object of this study was the manufacturing enterprise of PJSC GAZ. The subject is the methodological and practical problems associated with the reproduction of labor resources, the state and search for ways to increase economic efficiency on the example of metallurgical production of PJSC GAZ. The main objective of the study is to develop scientifically based proposals to improve the process of reproduction of labor resources, which contribute to the targeted formation, rational distribution and more efficient use of labor resources and increase production efficiency. Methods used in the process: methods of economic analysis, statistical methods, graphical method. Study results From an economic point of view, an improvement in the personnel management system should provide an increase in efficiency based on sustainable technical and organizational improvement of the organization. Implementation of proposed activities will allow the maximum use and formation of employee’s abilities in the company under study, as well as create a favorable psychological atmosphere. These economic and social goals are closely interlinked and ensure the development of PJSC GAZ. Conclusion Proposed measures will increase the stability of the economic component of PJSC GAZ. This should happen through: formation of the personnel potential of GAZ PJSC, and a strong personnel reserve; increase employee commitment, reducing staff turnover and indirect loss from it; increase the desire and interest of employees in achieving corporate goals, significant results, and development of the company; increase corporate culture, and labor productivity. KeywordsEfficiencyLabor resourcesPersonnel policyMentoringJEL ClassificationJ50