Bulletin of
Vitebsk State
Technological
University

abstract

The article contains the rationale for revising of labour costs management approaches in the context of knowledge economy development. Labour costs structure analysis on macro-level in Belarus economy revealed its inconsistency with the knowledge economy principals. The author developed and implemented new methods of labour costs management study on micro-level to discover the causes of the labour costs structure imbalance. Implementation of this methods in Belarus organizations allowed to identify the main problems of  labour costs management and to find the solutions. In particular, the needs of staff differentiation depending on the labour performance as well as controlling tools in labour costs management applying were justified. The results obtained and recommendations developed can be used by organizations in order to increase staff incentive and to build the capacity to the labor productivity growth.

Study of Labour Costs Management in Belarus Organizations