THE ROLE OF MATERIAL AND NON-MATERIAL INCENTIVES IN INCREASING LABOR PRODUCTIVITY IN THE DIGITAL ECONOMY
Ключевые слова:
labor productivity, digital economy, financial motivation, non-financial incentives, employee engagement, organizational performanceАннотация
In today’s digital economy, the effectiveness of labor has emerged as a central issue finding out each the competitiveness of countrywide economies and the success of character organizations. As expert things to do an increasing number of shift towards digital and far flung formats, the common structures of motivation and reward are present process substantial transformation. This learn about investigates the have an effect on of each tangible (financial) and intangible (non-financial) incentives on enhancing staff productivity. Drawing upon modern lookup and latest empirical evidence, it analyzes how a range of motivational mechanisms structure worker performance, engagement, and pride inside technology-driven work environments. The outcomes point out that, even though economic rewards proceed to play an essential role, the significance of non-material incentives - such as non-public autonomy, focus of achievements, possibilities for talent enhancement, and preserving work - life balance - has grown extensively in knowledge-based and innovation-oriented sectors of the contemporary economy
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