MOTIVATING PERSONNEL IN CONDITIONS OF FINANCIAL INSTABILITY OF THE COMPANY.

Аннотация

In conditions of financial instability, companies are faced with the need to maintain staff efficiency with limited resources. Revenue reduction, salary freezes, reduction of bonuses and social benefits have a negative impact on employee morale, which entails a drop in productivity and an increase in staff turnover. However, it is precisely during a crisis that the role of non-material motivation increases, and management is obliged to seek flexible and non-standard approaches to stimulating the team.