Year-end Sale % OFF 
Abstract
Currently, one of the important areas of sustainable development in the Russian Federation is thedevelopment of physical culture and sports, which contributes to an increase in the population of the country,an increase in the standard of living of citizens, the creation of comfortable conditions for their residence, aswell as opportunities for self-realization and disclosure of the talent of each person. The article is devotedto the development of legal and economic regulation of wages of athletes. In addition, the paper analyzesthe most discussed theoretical issues of legal regulation of labor relations in sports to attract attention fromthe state and the business community. In accordance with the norms in force in the Russian Federation, thesalary of workers in the sports industry includes three main components: the official salary, compensationand incentive payments. When it comes to professional athletes and coaches, incentive payments are usuallyrelated to achievements and results (for example, the number of points earned, the number of goals scoredor assists, etc.). A feature of the remuneration of athletes with high achievements is a large gap in the size ofthe official salary and bonus (incentive) payments. The bonus part of wages, being a variable, is of interestfor scientific research from the point of view of its (incentive payments) legal regulation, economic analysisand financial calculation. According to the authors, the salary of athletes and their coaches is influenced bya large number of factors that are indicators of the individual achievements of athletes. An additive modelof the formation of the wage fund of a sports organization (club, team) will determine the significanceof factors affecting the wages of athletes. The authors come to the conclusion that in modern conditions,modeling the wage fund of a sports organization as a whole will allow to determine and take into account theimportance of individual indicators (indicators, achievements) of professional athletes and their influenceon the formation of the bonus part of wages.
Highlights
TOPICAL ISSUES OF LEGAL AND ECONOMIC REGULATION OF WAGES OF ATHLETES IN RUSSIA AND FOREIGN COUNTRIES
The article is devoted to the development of legal and economic regulation of wages of athletes
In accordance with the norms in force in the Russian Federation, the salary of workers in the sports industry includes three main components: the official salary, compensation and incentive payments. When it comes to professional athletes and coaches, incentive payments are usually related to achievements and results
Summary
TOPICAL ISSUES OF LEGAL AND ECONOMIC REGULATION OF WAGES OF ATHLETES IN RUSSIA AND FOREIGN COUNTRIES. The authors come to the conclusion that in modern conditions, modeling the wage fund of a sports organization as a whole will allow to determine and take into account the importance of individual indicators (indicators, achievements) of professional athletes and their influence on the formation of the bonus part of wages. Фонд оплаты труда спортивной организации зависит от многих факторов, а его формирование от источника и объема финансирования [3,4,5].
Sign-in/Register to view highlights & summary 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 callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
