Abstract
The rapid spread of information technologies and other phenomena in the new economy causes significant changes in the social and employment spheres. The objective is mainly to analyze and systematize the peculiarities of labor and payment for it in the new economy. In this paper, the analytical grouping method for characterizing salary functions, as well as changes in the social and labor sphere that take place in the new economy, correlation-regression analysis to determine the relationship between average income and factors affecting its level are used. The results of the paper show three important findings. Firstly, the gradual changes in the content of labor and forms of its organization that happen in modern conditions under the influence of dissemination of information and communication technologies require new approaches to income adjustment, management of employment of the population, development of professional education system. Secondly, the authors also found that the fair employee compensation, ensuring productive employment in modern conditions, is a challenge not only of the national, but also of international scale. Thirdly, the prospective directions of reducing inequality and social tension in society are the guarantee of the basic unconditional income, progressive tax on all types of income, reduction of the length of working time while maintaining payments and improving productivity. In addition to avoiding social dangers, it would be a proactive progressive function of expanding human development opportunities.
Highlights
The rapid dissemination of information technologies and other phenomena in the new economy causes significant changes in the social and employment spheres
The noted events are primarily related to the changes in the content of work and forms of its organization, the emergence of new professions, in particular in the IT field, extensive development of high-technology sectors of the economy, the expansion of opportunities for the formation and use of human capital, an increase in the options of human choice, and the emergence of new risks
The diversity and flexibility of the employment conditions increase, an employee can enter into individual contracts
Summary
The rapid dissemination of information technologies and other phenomena in the new economy causes significant changes in the social and employment spheres. The noted events are primarily related to the changes in the content of work and forms of its organization, the emergence of new professions, in particular in the IT field, extensive development of high-technology sectors of the economy, the expansion of opportunities for the formation and use of human capital, an increase in the options of human choice, and the emergence of new risks. New criteria for assessing the personal labor input of employees lead to changes in compensation, forming different, rather diversified sources of income. The diversity and flexibility of the employment conditions increase, an employee can enter into individual contracts.
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