WSEAS Transactions on Environment and Development
Print ISSN: 1790-5079, E-ISSN: 2224-3496
Volume 16, 2020
Differences in the Assessment of Economic Security of Personnel and Security of Enterprise Staff Interests
Authors: , , , ,
Abstract: Neglect of individual features of personnel security and enterprise staff interests security affects the adequacy of assessing the general level of economic security of an enterprise, of which they both are components. It is substantiated that a system of measures of personnel KPI and personnel provision are indicators of assessing an enterprise’s staff interests. Security are a system of personnel interests of an enterprise are a system of performance indicators for KPI personnel and indicators of staffing and social benefits are indicators of economic security of the personnel. The article enhances the methodology for assessing staff interests security on the basis of calculating deficit of the earnings before tax amount which an enterprise can receive if its indicators do not reach their minimum necessary values. It is taken into account that underfunding of social programs is characterized by outstanding expenses of an enterprise the increase of which affects economic security of its personnel and intensifies the threats caused by them. Application of the suggested approach will contribute to a more effective control over the level of economic security and improve the analytical support of making managerial decisions of the financial and economic nature
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Keywords: economic security, staff interests of an enterprise, income deficit, labour productivity, outstanding expenses, personnel
Pages: 454-463
DOI: 10.37394/232015.2020.16.46