The quality of working life is extremely important for every employee. The quality of working life directly depends, in particular, on working conditions, fair remuneration for work, participation of employees in decision-making related to their work and interests, prospects for professional growth.The presence of Ukraine in a state of war led to the aggravation of significant problems related to the effective organization of labor relations, which did not exist before or were isolated in peacetime [13]. The Constitution of Ukraine, as the main law of the state, enshrines the right of a citizen of Ukraine to work. At the same time, the Code of Labor Laws of Ukraine, which should specify the procedure for citizens to exercise their labor rights, is outdated. The changes made to it are insufficient and, in general, deregulation does not change the situation. Implementation of state functions at each stage of society's development is different and determined by historical, geopolitical, social, economic and other conditions. The results of scientific research give grounds for the statement that as globalization develops, there is a need to modernize the classical functions of the state; implementation of new functions to the sphere of activity of state authorities; mastering a new toolkit of influence on the part of state authorities on the development of the economy and society. The article developed and proposed conceptual principles of functioning of the mechanism of state management of the labor relations system, identified priorities and tasks for the implementation of these principles, etc. According to the results of the scientific work, conceptual approaches to the modernization of the labor relations system have been determined, according to which the state should minimize interference in labor relations, becoming an equal partner with employers and employees. A transition from state to contractual wage regulation is proposed, which will ensure not only the growth of the income of an individual employee of a specified enterprise, but also of the industry and the state as a whole. This article has practical implications for both employers and employees. The discussed topics are promising for further application in legislation, in particular the new Labor Code, laws of Ukraine "On wages", "On social dialogue in Ukraine", "On collective contracts and collective agreements".
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